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LTI MINDTREE
IT stocks crash! Planning to buy the dip? Here's what analysts sayIndian IT shares saw a significant drop on Wednesday, wiping out recent gains. Analysts suggest this was largely due to profit booking afte...- IT rally rages on! Infosys, TCS, other stocks jump up to 4% despite overall market weaknessIndian IT stocks, including Infosys and TCS, surged over 3% on Tuesday, extending a three-day rally despite a broader market decline. This ...
- Infosys, Tech Mahindra, TCS and other IT stocks jump up to 5%. What’s driving the rally?Indian IT stocks rose sharply on Monday, lifting the Nifty IT index nearly 3%, as investors reassessed AI-related fears, attracted by attra...
- Dividends, bonus issues: TCS, LIC, Bajaj Auto among 30 stocks turning ex-date this week. Check detailsInvestors must hold shares of these companies in their demat accounts on the record date to be eligible for the respective corporate action...
- Dividend tracker: Last date to buy TCS, one more Tata stock for shareholder payoutInvestors have a final chance today to buy shares in TCS, Tata Consumer Products, and other companies for upcoming dividend payouts and bon...
- IT stocks gain for 3rd day on rupee fall, tempered AI viewIndian IT stocks surged for a third consecutive session, driven by a weakening rupee that boosted margins for dollar-earning software expor...
- Infosys, TCS, TechM and other IT stocks rally up to 5% even as sector valuations near 2008 levelsIndian IT shares surged on Tuesday, extending a rebound. Companies like Infosys and TCS saw significant gains. This rally follows a sharp c...
- Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff follow...
- Cost pressures part of normal market evolution, says LTM CEOLTM CEO Venu Lambu downplayed AI-led deflation concerns, framing pricing pressures as normal market evolution requiring adaptation. He emph...
- IT stocks slide up to 3% after TCS Q4 earnings. What's spooking investors?IT stocks fell up to 3% after TCS reported Q4 results that failed to impress the Street, dragging the Nifty IT index over 2%. Despite broad...
- Govt awards Rs 792 crore PAN 2.0 project to LTI Mindtree, rollout likely in 18 monthsLTI Mindtree has been awarded the Income Tax Department's PAN 2.0 project for ₹792 crore, aiming to consolidate PAN and TAN services into a...
- LTI Mindtree expands footprint by another 600,000 sq ft in ChennaiIn 2023, technology firms LTI Mindtree and L&T Technology Services (LTTS) consolidated their real estate portfolio across Chennai amidst co...
- Adani Enterprises may enter Sensex, LTI Mindtree Nifty after HDFC's mergerIf included, LTI Mindtree will see an inflow of ₹1,400 crore or $170 million, while Adani Enterprises could see around ₹1,000 crore or $120...
- Why LTI-Mindtree merger doesn’t make it the hottest couple on D-Street yetAnalysts said the merger creates a strong challenger in the Indian IT space with a $4.1 billion revenue run-rate as the combined entity has...
- LTI-Mindtree merger receives NCLT approvalIn a statement, the boards LTI and Mindtree said they have got approvals from both the Mumbai and Bengaluru benches of the National Company...
- LTI-Mindtree merger comes into effect, becomes 5th largest IT company by m-capAs part of the merger, all shareholders of Mindtree will be issued shares of LTI in the ratio of 73 shares of LTI for every 100 shares of M...
- What LTI-Mindtree merger means for two IT firms, their existing investorsMotilal Oswal has retained a 'neutral' rating on both stocks as it sees near-term risks offsetting the long-term opportunity accruing from ...
- LTI-Mindtree merger has many benefits once the minds meetThe future trend depends upon the demand traction and the availability of talent pool. Given these factors, investors may expect short term...
- LTI-Mindtree merger gets board nod, to create fifth-largest IT firmThe transaction is subject to shareholder and regulatory approvals. Mindtree, with market cap of Rs 57,840 crore will merge into LTI with m...
- LTI, Mindtree boards may meet next week to okay mergerParent Larsen & Toubro (L&T) owns 74.05% of LTI and 60.99% of Mindtree. LTI is trading at a 30% premium to Mindtree.
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