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LTTS MARGIN EXPANSION
Why L&T Technology shares jumped 11% to hit the Rs 4,000 level afterQ2 resultsL&T Technology Services shares rose sharply past Rs 4,000 after Q2 results beat expectations, driven by margin expansion, AI-led deal wins ...
How Byju’s parent funded Aakash rights issue; Zetwerk IPO fully subscribedHappy Dussehra! Byju’s parent used money repaid by Great Learning to back Aakash’s rights issue. This and more in today’s ETtech Morning Di...
Indian IT’s Q2 earnings dilemma deepens: More deals but weaker growth and falling pricing powerAs Indian IT firms gear up for their Q2 earnings report, the landscape appears mixed. Strong deal activity persists, yet clients are pushin...
L&T Tech Q4 Results: Profit jumps 24% YoY to Rs 347 crore; co declares Rs 40 dividendL&T Technology Services posted strong profit growth with improved margins, driven by portfolio restructuring and focus on high value engine...
Will downgrade-hit IT stocks weather the Q4 earnings storm? The test begins todayIndia's IT sector faces a tough Q4 earnings season, with large-cap stocks like TCS, Infosys, and HCL Tech expected to report subdued result...
HCLTech rolls out 1-4% wage hikes for junior employeesThe new wage hikes announced are being rolled out for the third quarter from October to December. HCLTech, which will report its third quar...
IT Q4 Preview: Tech giants to see modest quarter; all eyes on FY25 guidanceIT companies anticipate modest growth in the upcoming quarter with a keen eye on FY25 guidance. TCS will lead the earnings season, while mi...
Tata Tech IPO subscribed nearly 70 times at close; QIB part booked over 200 timesThe IPO of Tata Technologies is generating a strong response from investors. Moving away from the initial noise, much of the optimism aroun...
Tata Technologies IPO: How the Tata Group firm compares with listed peers on valuation and growthMoving away from the initial noise, much of optimism around the company is due to cheap valuations when compared with listed peers such as ...
Deven Choksey on 4 mid-tier IT stocks that show a margin of safetyInvestors are being drawn to underpriced public sector enterprises and mid-tier technology players for long-term investment opportunities, ...
IT stocks in focus ahead of Q3 results. Which ones to buy and sell?Amid concerns around margins and growth outlook, at least 3 IT stocks - Wipro, LTIMindtree and Tech Mahindra - are down over 40% in the las...
IT companies brace for muted growth, sustained margin pains in Q2Analysts will look for any impact due to cross-currency movement, especially due to a weaker European currency against the dollar, margin o...
US recession & IT stocks: Here is what happened in 2008 and 2020An analysis of past recessions in 2008 (global financial crisis) and 2020 (pandemic) shows that stock prices override fundamentals as reces...
L&T Technology Services bags $45 million deal from US-based automotive companyUnder the terms of the deal, L&T Technology Services will mark its expansion into Eastern Europe and will work with its customer to deliver...
Is it time to book profit in IT midcaps? Sandip Sabharwal answers“If one has excessively over-allocated in the IT midcaps, then it would make sense to take out some profits at these prices. As for a fresh...
LTTS net profit up 21% in Q4FY19The company recorded a 51 per cent increase in net profit for FY19 at Rs 766 crore.
Buy Cyient, target Rs 790: HDFC SecuritiesBuy Cyient at a price target of Rs 790.
Accumulate Cyient, target Rs 900: Elara CapitalAccumulate Cyient Ltd. at a price target of Rs 900.
LTTS may see 18% growth in FY18, sees promise in large dealsThe company’s patent portfolio stood at 300 patents, out of which 228 are co-authored with its customers and 72 are filed by LTTS.
L&T Tech Services' IPO kicks off today; should you subscribe?The brokerage said while LTTS deserves better valuations than its peers, the near-perfect IPO pricing leaves limited room for listing gains.