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LTTS FINANCIAL PERFORMANCE
LTTS Q4 net profit rises 7% to Rs 332 croreHowever, the company's net profit for Q4 from continuing operations, after it divested the Smart World and Communication (SWC) division, ju...
Ahead of Market: 10 things that will decide D-Street action on MondayIndian stock markets saw a sharp decline for the third consecutive day on Friday. Metals, auto, and financial stocks led the fall. The ongo...
L&T Tech Q3 Results: Profit falls 6% YoY to Rs 303 crore, revenue rises 10%LTTS reported a 6% YoY profit decline in Q3 despite 10% revenue growth, strong deal wins above $200 million for fifth straight quarter, sta...
LTIM, Infosys lead IT rally as stocks rise nearly 5% after TCS Q3 beatShares of IT stocks like TCS, LTIMindtree, Infosys, and Persistent Systems rallied up to 4.6% on the NSE in intraday trade. This surge was ...
Nifty IT index hits fresh record high; Infosys, LTIMindtree, Tech Mahindra lead the gainsThe Nifty IT index hit a record high on Tuesday, rising 1.4% to 44,240, with all 10 constituents in the positive. Infosys led with a 2.4% i...
Buy L&T Technology Services, target price Rs 5,862: Choice Equity BrokingChoice Equity Broking recommends buying L&T Technology Services with a target of Rs 5,862. The current price of the stock is Rs 5,135.8. LT...
IT stocks jump up to 5% ahead of Infosys, Wipro, LTIM Q2 results todayShares of IT companies like Mphasis and Tech Mahindra climbed up to 5.5% on the NSE today ahead of the second-quarter results from Infosys,...
Midcaps brave IT winter better than big firmsDespite a few companies like Happiest Minds and Mphasis missing estimates due to wage hikes and sustained pressure on the BFSI segment, ana...
Like 3 IT stocks in midcap and largecap space: Gurmeet ChadhaGurmeet Chadha, CIO & Managing Partner of Complete Circle Consultants, discusses the current state of the IT industry and shares his prefer...
Prefer to accumulate largecaps on dips, small and midcaps vulnerable to liquidity-led push: Deven Choksey“I would rather play a little bit more carefully at this point of time. We love the price correction happening in some of the counters. Tha...
Rs 9,000 crore-selloff! Infosys, Tech Mahindra on top of FII hate list in Q1The June quarter shareholding pattern data shows that FIIs pared their stake in Infosys by another 165 bps to 33.44%. In the case of Tech M...
LIC ignores bear howls to strengthen hold on Dalal Street's most hated cornerIndia's largest domestic investor, LIC, has raised its ownership stakes in seven of the biggest Indian tech majors, including TCS, Infosys,...
L&T Tech Q2 Results: Net profit jumps 23% YoY to Rs 282 crore; firm upgrades annual guidanceOperating margins stood at 18.3%, down 10 basis points (bps) sequentially and 20 bps on year due to the increase in employee compensation. ...
L&T Tech Q2 profit up 23%, upgrades annual guidanceOperating margins stood at 18.3%, down 10 basis points (bps) sequentially and 20 bps on year due to the increase in employee compensation.
What's dragging L&T Finance stock?Finance is not everyone's cup of tea. The best of the business houses have not been able to make a dent in this hyper-competitive and highl...
The tripod that holds up Tata Elxsi's premium valuationEngineering research and development services (ER&D) are defined as "services engaged in the development of new products (hardware or softw...
Add L&T Technology Services, target price Rs 5350: HDFC SecuritiesL&T Technology Services Ltd. key Products/Revenue Segments include Service (Engineering) for the year ending 31-Mar-2020.
Add L&T Tech Services, target price Rs 1,280: Centrum BrokingThe brokerage retains premium P/E multiples as multiples expand at the bottom of the earnings cycle.
Add L&T Technology Services, target price Rs 1,125: HDFC SecuritiesWhile a diversified vertical portfolio is a key differentiator, the broad-based economic impact dilutes the moat.
65 stocks lapped up by both FIIs and desi funds during June quarterData showed that mutual fund houses increased their stake in close to 260 companies.