5336.5000 9.00 (0.17%)
NSE Jun 24, 2025 15:31 PM
Volume: 171.2K
 

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LTIMindtree Ltd.
22 Jul 2019
5336.50
0.17%
IDBI Capital
LTI confirmed that the worst is over as regards the decline in the revenue from the topclient. However, it expect decline in revenue from another top-10 client in the BFS vertical in Q2FY20. Also, there have been ramp-down in couple of deals. This is likely to impact its growth in Q2FY20, however it is still confident of a QoQ growth. We factor slower growth for Q1/Q2FY20 and cut our FY20/21E revenue (in US$) by 2.5%/1.8% and EPS by 6.7%/5.7%. We now forecast FY19-21E revenue (US$)/EPS CAGR of 13.6%/9%. We remain confident of LTI gaining back the high growth momentum in...
Sharekhan increased Buy price target of LTIMindtree Ltd. to 6200.0 on 12 Jun, 2025.
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