5033.9000 -0.30 (-0.01%)
NSE May 15, 2025 15:31 PM
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LTIMindtree Ltd.
19 Jul 2021
5033.90
-0.01%
Prabhudas Lilladhar
LTI reported revenue of $470.2 mn, +5.1% QoQ USD above our & cons estimates (Ple: 4%, Cons: 3.5%). Growth was broad-based across verticals led by BFS (+9.9% QoQ USD) and Hi-tech & Media (+13.1% QoQ USD). Insurance vertical is recovering aided by recent large deal wins and new leadership. LTI did not announce large deal TCV this quarter but management mentioned that demand for digital transformation is significantly higher vs pre-pandemic period. We believe that growth momentum will be maintained...
LTIMindtree Ltd. has gained 16.59% in the last 1 Month
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