|
07 Sep 2025 |
LTIMindtree
|
Consensus Share Price Target
|
5195.50 |
5380.35 |
- |
3.56 |
hold
|
|
|
|
|
19 Oct 2023
|
LTIMindtree
|
SMC online
|
5195.50
|
|
5457.80
(-4.81%)
|
|
Results Update
|
|
|
|
|
19 Oct 2023
|
LTIMindtree
|
Axis Direct
|
5195.50
|
5230.00
|
5457.80
(-4.81%)
|
Target met |
Hold
|
|
|
Given the company's strong growth potential backed by robust deal wins and superior execution capabilities, we recommend a HOLD rating on the stock.
|
|
24 Jul 2023
|
LTIMindtree
|
SMC online
|
5195.50
|
|
4879.05
(6.49%)
|
|
Results Update
|
|
|
|
|
20 Jul 2023
|
LTIMindtree
|
Geojit BNP Paribas
|
5195.50
|
5665.00
|
4985.05
(4.22%)
|
Target met |
Buy
|
|
|
|
|
19 Jul 2023
|
LTIMindtree
|
ICICI Securities Limited
|
5195.50
|
5325.00
|
5001.15
(3.89%)
|
Target met |
Accumulate
|
|
|
LTIM reported Q1FY24 revenue of US$1,059mn, up 0.1% QoQ (lower than I-Sec estimate of 0.6%) and 8.2% YoY in CC terms. EBIT margin at 16.7% was 27bps higher than I-Sec estimate (of 16.4%) on account of operational efficiencies, particularly utilisation, which increased from 81.7% in Q4FY23 to 84.8% in Q1FY24.
|
|
18 Jul 2023
|
LTIMindtree
|
IDBI Capital
|
5195.50
|
4975.00
|
5001.15
(3.89%)
|
Target met |
Hold
|
|
|
|
|
18 Jul 2023
|
LTIMindtree
|
Axis Direct
|
5195.50
|
5230.00
|
5001.15
(3.89%)
|
Target met |
Hold
|
|
|
Given the company's strong growth potential backed by robust deal wins and superior execution capabilities, we recommend HOLD on the stock.
|
|
17 Jul 2023
|
LTIMindtree
|
Motilal Oswal
|
5195.50
|
4700.00
|
5134.85
(1.18%)
|
Target met |
Neutral
|
|
|
|
|
16 May 2023
|
LTIMindtree
|
Geojit BNP Paribas
|
5195.50
|
5112.00
|
4736.05
(9.70%)
|
Target met |
Hold
|
|
|
|
|
28 Apr 2023
|
LTIMindtree
|
ICICI Securities Limited
|
5195.50
|
5637.00
|
4320.15
(20.26%)
|
Target met |
Buy
|
|
|
LTIMindtree (LTIM) has reported Q4FY23 revenue at US$1057.5mn, +0.7% QoQ in CC terms and +1% QoQ in US$ (in line with our estimate and lower than consensus estimate of 2.8% QoQ US$). Revenue growth was led by BFSI (2.6% QoQ US$), retail, CPG, travel (2.4% QoQ US$) and manufacturing (1% QoQ US$), while HiTech declined 1.5% QoQ US$ due to decision-making delays by clients in starting certain projects.
|