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Buy, Sell or Hold: Motilal Oswal maintain sell on Wipro; retains buy on LTIMindtree post Q2 resultsBrokerages show mixed views this earnings season — Motilal Oswal stays bullish on LTIMindtree, bearish on Wipro, while Morgan Stanley backs...
32% target price slash! Goldman flags big risks for TCS, Infosys & other IT stocks amid US worriesGoldman Sachs lowered price targets for IT stocks by 3% to 32% due to reduced US revenue growth forecasts. LTIMindtree was downgraded to 'N...
LTIMindtree Q3 Results: Cons PAT falls 7% YoY to Rs 1,085 crore, revenue rises 7%LTIMindtree Q3 Results: Revenue from operations in Q3 FY25 stood at Rs 9,661 crore, a 7.1% increase from Rs 9,017 crore in the same period ...
LTIMindtree Q3 Preview: Revenue may grow by up to 6.7% YoY. Margins drop seen due to wage hikeLTIMindtree’s adjusted profit after tax is expected to fall between 1.5% and 8.3% for the October-December quarter, with the bottom line ra...
LTIMindtree shares jumped 1% as LIC increases stake to 7%Life Insurance Corporation of India (LIC) has increased its stake in LTIMindtree from 5.033% to 7.034% through open market purchases. This ...
HCL Tech, Persistent Systems among Motilal Oswal's top 4 tech picks with 22% upside potentialStating that the near-term performance in the IT sector may disappoint the investors against their elevated expectations, domestic brokerag...
Buy LTIMindtree, target price Rs 7,400: Motilal Oswal Financial ServicesMotilal Oswal Financial Services has buy call on LTIMindtree with a target price of Rs 7,400. The current market price of LTIMindtree is Rs...
LTIMindtree shares surge over 3% despite 1% YoY decline in Q1 PAT. Here's what analysts sayLTIMindtree shares rose 3.5% to Rs 5,754 after a 1.5% YoY profit rise to Rs 1,134 crore and Rs 9,143 crore revenue. Analysts’ views: Jeffer...
LTIMindtree shares drop 2.5% after disappointing Q4 results. Should you buy?On Thursday, shares of the IT service company LTIMindtree dipped 2.5% to touch the day's low at Rs 4,611 on the BSE, as the company's Q4 re...
LTIMindtree shares tumble 10% on weak Q3 earnings, ratings downgrades. How to trade now?IT services company LTIMindtree's stock tanked 10% following lower-than-expected Q3 earnings. CLSA downgraded the stock to Sell, while Kota...
LTIMindtree shares climb 5% post Q2 results. Should you buy, sell or hold?The company's board has also approved an interim dividend of Rs 20 per equity share. The record date for the same is fixed as October 27.
Morgan Stanley upgrades Indian IT price targets“Strong outlook on FY25 revenue growth, improving margins, and double-digit EPS growth should keep valuations afl oat,” said Morgan Stanley...
LTIMindtree shares fall 3%. How to trade latest Nifty entrant after Q1 report card?The IT services company reported a consolidated net profit of Rs 1,151 crore for the quarter ended June, which was higher by 4%, compared w...
LTIMindtree Q1 Preview: Profit growth seen better than peers; FY24 guidance keyThe company, which recently joined the Nifty club, is seen reporting a nearly 1% sequential rise in consolidated net revenue for the quarte...
LTIMindtree shares rise 3% after Q4 report card. What should investors do?The company's order inflows for the quarter came in at $1.35 billion, helping it close the full-year order inflow at $4.87 billion. It has ...
Buy LTIMindtree, target price Rs 5651: ICICI SecuritiesPromoters held 68.69 per cent stake in the company as of 31-Dec-2022, while FIIs owned 9.21 per cent, DIIs 10.39 per cent.
HSBC Asset Management to acquire L&T Mutual Fund for Rs 3,200 croreThe proposed acquisition will likely strengthen HSBC’s asset management business in India. Following the completion of the acquisition, whi...