NSE: LTIM | BSE: 540005

Expensive Performer

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5056.50 137.00 (2.78%)

25.29% Fall from 52W High

283.8K NSE+BSE Volume

NSE 14 May, 2025 1:59 PM (IST)

149,849.1

Market Cap

High in industry

0.9

Beta 1Year

Low volatility

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LTIMindtree bags a $450 million deal to provide AI-led IT services to an agribusiness firm See details

LTIMindtree Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for LTIM, BSE:540005 LTIMindtree Ltd.

LTIMindtree Ltd.

10 Dec 2021

5056.50

2.78%

Larsen & Toubro Infotech Ltd

Buy: LTIMindtree Ltd.

ICICI Securities Limited

Ability to win large deals, presence in niche verticals, effectively mine clients, adding Fortune 500 clients and digital prowess other key drivers Vendor consolidation opportunity and digital acceleration. We expect LTI to...

LTIMindtree Ltd. has an average target of 5596.20 from 10 brokers.

LTIMindtree Ltd.

09 Dec 2021

5056.50

2.78%

Growth outlook turbocharged by cloud spend

Neutral: LTIMindtree Ltd.

Target

Motilal Oswal

We attended LTI's Analyst Day, where the management a) reiterated its guidance for strong broad-based growth for the coming 35 years and b) highlighted The Great Restructuring' as a key driver of the demand tailwind. The management remains confident about this growth trajectory and mentioned six factors that would drive growth demand, capability, talent, sales and marketing, team, and operational resilience. The company continues to expect faster growth than the industry average growth of 9%+ as digital transformation led demand fuels client spending. It...

LTIMindtree Ltd. has gained 19.23% in the last 1 Month

LTIMindtree Ltd.

09 Dec 2021

5056.50

2.78%

Analyst Meet Update - High quality growth with predictable margins! - BUY

Buy: LTIMindtree Ltd.

Recommendation Target

Prabhudas Lilladhar

We attended LTI's analyst day held on 9th Dec 2021. LTI's senior management outlined their strategy to sustain track record of consistent revenue growth and be in leader's growth quadrant by -1) scaling up tech capabilities (data, cloud and digital), 2) mining existing strategic clients, 3) investing in new high potential verticals and markets, and 4) building sales and marketing teams. Management mentioned that demand continues to be strong across all verticals, markets and service lines. New large deal pipeline is at $2.07 Bn, 9% YoY growth (vs 60% YoY last year) indicates demand shifting towards...

Geojit BNP Paribas downgraded LTIMindtree Ltd. to Hold with a price target of 4960.0 on 06 May, 2025.

LTIMindtree Ltd.

19 Oct 2021

5056.50

2.78%

Consistently consistent!

Buy: LTIMindtree Ltd.

Target

ICICI Securities Limited

In a seasonally not so strong quarter, Larsen & Toubro Infotech (LTI) impressed with robust (~8.9% QoQ, CC) and broad-based growth – across verticals, geographies and service lines. What differentiates LTI from most other IT companies is the strong growth despite a tall base in FY21 [Sep-19 to Sep-21].
revenue (USD) CAGR (YoY) = 18% vs 14% of Mindtree, 12% of Infosys, 7% of TCS
and 6% of HCLT].

LTIMindtree Ltd. has gained 11.46% in the last 1 Week

LTIMindtree Ltd.

19 Oct 2021

5056.50

2.78%

Larsen & Toubro Infotecht: Q2FY22 Result Review

Hold: LTIMindtree Ltd.

Target

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.

LTIMindtree Ltd.

19 Oct 2021

5056.50

2.78%

Q2FY22 Result Update - Primed for growth- BUY

Buy: LTIMindtree Ltd.

Prabhudas Lilladhar

LTI reported massive beat on revenue at $509 mn, +8.9% QoQ CC, +8.3% QoQ USD (Ple: 5.5%, Cons: 3.5%). Growth was broad-based across verticals, geographies and service lines. Historically H2 has been seasonally strong and same trend is expected to continue in H2FY22. LTI won one new large deal in Europe with TCV of $30mn for 5 years. Management mentioned that...

Geojit BNP Paribas downgraded LTIMindtree Ltd. to Hold with a price target of 4960.0 on 06 May, 2025.

LTIMindtree Ltd.

19 Oct 2021

5056.50

2.78%

L&T Infotech (BUY): Outperformance on all counts

Buy: LTIMindtree Ltd.

Target

BOB Capital Markets Ltd.

Best revenue growth ever at 8.3% QoQ USD in Q2, aided by secular uptick across verticals, clients, service lines and geographies

LTIMindtree Ltd. is trading above its 50 day SMA of 4535.7

LTIMindtree Ltd.

19 Oct 2021

5056.50

2.78%

Larsen & Toubro Infotech Ltd

Buy: LTIMindtree Ltd.

Target

ICICI Securities Limited

LTIMindtree Ltd. has an average target of 5596.20 from 10 brokers.

LTIMindtree Ltd.

18 Oct 2021

5056.50

2.78%

Strong growth to sustain, but valuations remain punchy

Neutral: LTIMindtree Ltd.

Target

Motilal Oswal

LTI's revenue growth, in USD terms, stood at 8.9% QoQ CC in 2QFY22, above our estimate of 5.4%. Growth was broad based across verticals, service lines, geographies, and client buckets. Broad based industry growth was led by BFS and Manufacturing. EBIT margin expanded by 80bp QoQ to 17.2% in 2QFY22 (est. 16.7%), led by SG&A; leverage, offshoring, and higher working days, partially offset by utilization and higher costs. The management highlighted that the demand environment is one of the strongest. It expects demand to remain strong over the next three years....

LTIMindtree Ltd. has gained 11.46% in the last 1 Week

Is Larsen & Toubro Infotech Ltd. worth buying?

660 Votes:

Buy 77.58%

Sell 12.88%

Hold 9.55%

RESEARCH REPORTS

Hold SEE REPORTS >

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Buy SEE REPORTS >

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