5322.5000 -7.00 (-0.13%)
NSE Jul 10, 2025 14:58 PM
Volume: 122.8K
 

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LTIMindtree Ltd.
21 May 2020
5322.50
-0.13%
ICICI Securities Limited
Near term pressure but expect FY21E to be better than peers The company is witnessing near term challenges due to the Covid-19 pandemic. LTI's exposure to the manufacturing and energy vertical, which accounts for ~28.2% of total revenues is expected to be under pressure due to lower oil prices and client specific challenges. The company believes BFSI (that is ~45% of revenues) would face challenges in Q2FY21E and Q3FY21E. In addition, pricing pressure, delay in deal ramp ups and pressure on utilisation in the near term is expected to keep revenues under pressure. As...
LTIMindtree Ltd. is trading below its 200 day SMA of 5481.3
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