5033.9000 -0.30 (-0.01%)
NSE May 15, 2025 15:31 PM
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LTIMindtree Ltd.
11 Dec 2020
5033.90
-0.01%
ICICI Securities Limited
We attended the virtual analyst meet of Larsen & Toubro Infotech (LTI). The company highlighted that it aspires to achieve US$1 billion in cloud revenues in the next three years from current US$180 million implying 77% CAGR over the next three years from this unit. In addition, LTI has won a large deal in the UAE amounting to ~AED760 million (~US$205 million) over the next six years. This, coupled with a healthy large deal pipeline (up 62% YoY to US$1.98 billion) and increased investment to drive sales growth makes the company confident of being in an industry leading revenue...
LTIMindtree Ltd. has gained 18.70% in the last 1 Month
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