5034.2000 114.70 (2.33%)
NSE May 14, 2025 15:31 PM
Volume: 347.6K
 

5034.20
2.33%
IDBI Capital
LTI witnessed broad based growth in the current quarter and was significantly higher than our estimate. Going forward, the company is seeing healthy traction in revenues led by robust deal pipeline and client mining. In addition, the company expects to add ~5K freshers & ~1K laterals leading to healthy revenue visibility. As a result the company expects H2FY22 growth to be better than H1FY22 (~23.2% YoY) and to be in leaders quadrant among mid cap companies. In addition, the company expects PAT margin in the range of 14-15% band. We expect LTI to grow at ~28% YoY and PAT margins to be higher than guided range at 16% in FY22. Despite our robust assumption,...
LTIMindtree Ltd. has an average target of 5596.20 from 10 brokers.
More from LTIMindtree Ltd.
Recommended