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Stock of the day : Buy Larsen & Toubro Ltd For Target Rs.72 - Religare Broking Ltd Larsen & Toubro Ltd * We are seeing a steady uptrend in Capital goods stocks and LT is leading from the front. * Stock has been gradually inching higher from last 3 months, holding above its short term moving average .i.e 20 DEMA. * It has witnessed a fresh breakout from a brief consolidation indicating next leg of up move. * We thus advise buying Call option in the mentioned zone. Buy Larsen & Toubro Ltd CMP 38.60; Range 36-39; SL 20; Target 72   To...
Stock of the day : Buy Larsen & Toubro Ltd For Target Rs.72 - Religare Broking Ltd
Stock of the day : Buy Larsen & Toubro Ltd For Target Rs.72 - Religare Broking Ltd
Source: Religare Broking Ltd
24/08/2023 10:42:15 AM
L&T plays a critical role in India`s Chandrayaan-3 mission Engineering major Larsen & Toubro Ltd (L&T) said that it is playing a critical role in India's third moon mission slated to launch on Friday afternoon. According to L&T, the company is involved in the Chandrayaan-3 mission from manufacturing of subsystems till mission tracking. The critical booster segments, namely head end segment, middle segment, and nozzle bucket flange, with a diameter of 3.2 metre were manufactured and proof pressure tested at L&T’s Facili...
L&T plays a critical role in India`s Chandrayaan-3 mission
L&T plays a critical role in India`s Chandrayaan-3 mission
Source: IANS
14/07/2023 9:41:44 AM
IPO Note : L & T DIVESTS its entire stake (51%) in L & T Infrastructure Development Projects Limited Larsen & Toubro, signed an agreement to divest its 51% stake in L&T Infrastructure Development Projects Limited (L&T IDPL) to a portfolio company of Infrastructure Yield Plus II, an infrastructure fund managed by Edelweiss Alternatives. With this, L& T will divest its entire stake in the concession subsidiary, L&T IDPL. This is in line with L&T’s strategy of reducing its exposure to the non-core asset heavy developmental projects portfolio. ...
IPO Note : L & T DIVESTS its entire stake (51%) in L & T Infrastructure Development Projects Limited
IPO Note : L & T DIVESTS its entire stake (51%) in L & T Infrastructure Development Projects Limited
Source: PR Agency
20/12/2022 12:56:19 PM
Key Stock News: Adani group, L&T Infotech, Mindtree , BSNL , LIC - ARETE Securities Adani group gets approval for NDTV open offer boosting takeover bid Billionaire Gautam Adani’s conglomerate received the regulatory nod to float an open offer for a further 26% stake in New Delhi Television Ltd., marking a crucial milestone in a takeover battle between Asia’s richest person and the broadcaster’s founders. The Securities & Exchange Board of India, or Sebi, approved Adani Group’s open offer, according to a statement on the market regulator’s...
Key Stock News: Adani group, L&T Infotech, Mindtree , BSNL , LIC - ARETE Securities
Key Stock News: Adani group, L&T Infotech, Mindtree , BSNL , LIC - ARETE Securities
Source: ARETE Securities Ltd
15/11/2022 10:03:12 AM
Stock Picks - Larsen & Toubro Infotech Ltd And JSW Steel Ltd By ICICI Direct Larsen & Toubro Infotech Ltd Buy Larsen & Toubro Infotech Ltd. @ 5058-5064 CMP 5058.00 Stop Loss 5012.30 Target 5104.00/5145.00   JSW Steel Ltd Buy JSW Steel. @ 720-722 CMP 719.00 Stop Loss 713.90 Target 727.70/734.00   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Regi...
Stock Picks - Larsen & Toubro Infotech Ltd And JSW Steel Ltd By ICICI Direct
Stock Picks - Larsen & Toubro Infotech Ltd And JSW Steel Ltd By ICICI Direct
Source: ICICI Direct
14/11/2022 11:25:21 AM
Buy Larsen & Toubro Infotech Ltd For Target Rs. 4,720 - Motilal Oswal Financial Services Strong 2QFY23 performance; FY23 demand outlook healthy???? Merger remains the key focus area; maintain Neutral on rich valuations * L&T Infotech (LTI) reported 4.6% QoQ growth in CC terms in 2QFY23 (est. 3.5%). ENU (14%), BFS (5%) and Insurance (4.5%) drove the growth while HiTech saw a muted quarter (-4.7%) in CC terms. EBIT margin expanded 10bp QoQ to 16.1% and was in-line with our estimate of 16.2%. The company announced net new large deal TCV of USD80m and guided at a strong 3QF...
Buy Larsen & Toubro Infotech Ltd For Target Rs. 4,720 - Motilal Oswal Financial Services
Buy Larsen & Toubro Infotech Ltd For Target Rs. 4,720 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
17/10/2022 11:30:42 AM
Buy Larsen & Toubro Infotech Ltd For Target Rs.7650 - ICICI Direct Strong 2QFY23 performance; FY23 demand outlook healthy Merger remains the key focus area; maintain Neutral on rich valuations * L&T Infotech (LTI) reported 4.6% QoQ growth in CC terms in 2QFY23 (est. 3.5%). ENU (14%), BFS (5%) and Insurance (4.5%) drove the growth while HiTech saw a muted quarter (-4.7%) in CC terms. EBIT margin expanded 10bp QoQ to 16.1% and was in-line with our estimate of 16.2%. The company announced net new large deal TCV of USD80m and guided at a strong 3QFY23....
Buy Larsen & Toubro Infotech Ltd For Target Rs.7650 - ICICI Direct
Buy Larsen & Toubro Infotech Ltd For Target Rs.7650 - ICICI Direct
Source: Motilal Oswal Financial Services Ltd
17/10/2022 9:52:44 AM
LTI constant currency revenues grow 21.6% YoY; Net Profits up 23.2% YoY India:  Larsen & Toubro Infotech (BSE code: 540005, NSE: LTI), a global technology consulting and digital solutions company, announced its Q2 FY23 results today. In US Dollars: * Revenue at USD 601.0 million; growth of 3.6% QoQ and 18.1% YoY * Constant Currency Revenue growth of 4.6% QoQ and 21.6% YoY In Indian Rupees: * Revenue at INR 48,367 million; growth of 6.9% QoQ and 28.4% YoY * Net Income at INR 6,798 million; growth of 7.2% QoQ and 23.2% YoY “We...
LTI constant currency revenues grow 21.6% YoY; Net Profits up 23.2% YoY
LTI constant currency revenues grow 21.6% YoY; Net Profits up 23.2% YoY
Source: PR Agency
16/10/2022 10:55:16 AM
Stock Picks - Larsen&Toubro Infotech Ltd and Jindal Steel & power Ltd By ICICI Direct Larsen&Toubro Infotech Ltd Buy Larsen&Toubro Infotech Ltd @ 4552.00-4558.00 CMP 4526.15 Stop Loss 4510.40 Target 4600.50/4645.00   Jindal Steel & power Ltd Buy Jindal Steel & power Ltd @ 406.20-408.20 CMP 403.75 Stop Loss 403.20 Target 411.30/415.40     To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Discla...
Stock Picks - Larsen&Toubro Infotech Ltd and Jindal Steel & power Ltd By ICICI Direct
Stock Picks - Larsen&Toubro Infotech Ltd and Jindal Steel & power Ltd By ICICI Direct
Source: ICICI Direct
29/09/2022 12:01:47 PM
Larsen & Toubro Infotech gains on partnering with Saviynt Larsen & Toubro Infotech is currently trading at Rs. 4800.00, up by 7.45 points or 0.16% from its previous closing of Rs. 4792.55 on the BSE. The scrip opened at Rs. 4836.70 and has touched a high and low of Rs. 4905.00 and Rs. 4785.25 respectively. So far 28587 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 7595.25 on 04-Jan-2022 and a 52 week low of Rs. 3733.25 on 26-May-2022. Last one week high and low o...
Larsen & Toubro Infotech gains on partnering with Saviynt
Larsen & Toubro Infotech gains on partnering with Saviynt
Source: Accord Fintech
4/08/2022 12:22:55 PM
Larsen & Toubro Infotech Strengthens Strategic Collaboration with Microsoft India : Larsen & Toubro Infotech (BSE: 540005, NSE: LTI), a global technology consulting and digital solutions company has announced the expansion of its collaboration with Microsoft to focus on developing high-value cloud solutions for enterprises. As a part of this multi-year collaboration, LTI has launched a dedicated Microsoft business unit that develops and offers end-to-end digital transformation solutions. Through this association, LTI will also train 12,000 professionals from i...
Larsen & Toubro Infotech Strengthens Strategic Collaboration with Microsoft
Larsen & Toubro Infotech Strengthens Strategic Collaboration with Microsoft
Source: PR Agency
2/08/2022 3:37:58 PM
Buy L&T Infotech Ltd For Target Rs. 4,960 - Yes Securities Maintains robust operating performance    Our view and valuation Overall, the performance was robust across operating parameters. While revenue came inline, EBIT margin was above estimates. Demand environment continues to remain robust for the company; though few clients have become cautious about evolving macroeconomic situation. Offshore and onsite employee attrition has started to moderate and that should ease pressure on margin. We expect it to be among the growth lea...
Buy L&T Infotech Ltd For Target Rs. 4,960 - Yes Securities
Buy L&T Infotech Ltd For Target Rs. 4,960 - Yes Securities
Source: Yes Securities Ltd
15/07/2022 12:21:23 PM
Larsen & Toubro Infotech soars on reporting 28% rise in Q1 consolidated net profit Larsen & Toubro Infotech is currently trading at Rs. 3954.80, up by 81.15 points or 2.09% from its previous closing of Rs. 3873.65 on the BSE. The scrip opened at Rs. 3920.00 and has touched a high and low of Rs. 4013.45 and Rs. 3851.00 respectively. So far 31092 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 7595.25 on 04-Jan-2022 and a 52 week low of Rs. 3733.25 on 26-May-2022. Last one week high and low ...
Larsen & Toubro Infotech soars on reporting 28% rise in Q1 consolidated net profit
Larsen & Toubro Infotech soars on reporting 28% rise in Q1 consolidated net profit
Source: Accord Fintech
15/07/2022 12:19:32 PM
Key News - L&T Infotech Ltd, Murugappa Group, FMCG, Bharti Airtel Ltd, Welspun Corp Ltd, Shapoorji Pallonji Group By ARETE Securities Key News L&T Infotech Q1 Results | Net profit rises 28% YoY to Rs 633 crore L&T Infotech on July 14 reported a consolidated profit after tax (PAT) of Rs 633.50 crore for the quarter ended June 2022, up 27.64 percent from Rs 496.30 crore a year back. On a sequential basis, profit for the quarter was almost flat compared to the reported profit of Rs 637 crore in the March quarter. Consolidated revenue from operations came in higher by 30.62 percent at Rs 4,522.8 crore for the q...
Key News - L&T Infotech Ltd, Murugappa Group, FMCG, Bharti Airtel Ltd, Welspun Corp Ltd, Shapoorji Pallonji Group By ARETE Securities
Key News - L&T Infotech Ltd, Murugappa Group, FMCG, Bharti Airtel Ltd, Welspun Corp Ltd, Shapoorji Pallonji Group By ARETE Securities
Source: ARETE Securities Ltd
15/07/2022 9:22:11 AM
LTI Constant Currency Revenues Grow 26.6% YoY; Net Profits up 27.7% YoY * In US Dollars: Revenue at USD 580.2 million; growth of 1.7% QoQ and 23.4% YoY Constant Currency Revenue growth of 2.9% QoQ and 26.6% YoY * In Indian Rupees: Revenue at INR 45,228 million; growth at 5.1% QoQ and 30.6% YoY Sudhir Chaturvedi, President Sales & Executive Board Member “We are pleased to report 26.6% YoY revenue growth in constant currency.We added4 Global Fortune 500 logos to our client list in Q1, taking our total Global Fortune 500 customers to 77. We...
LTI Constant Currency Revenues Grow 26.6% YoY; Net Profits up 27.7% YoY
LTI Constant Currency Revenues Grow 26.6% YoY; Net Profits up 27.7% YoY
Source: PR Agency
14/07/2022 5:32:02 PM
L&T Technology Services is 'Great Place to Work-Certified' LTTS was certified for its best practices across India L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, announced that it has been Great Place to Work-Certified™ in India as it fared extremely well across parameters like credibility, respect, fairness, pride and employee camaraderie along with high global Trust Index© Survey Score. Great Place to Work-Certified™ is the global authority on bu...
L&T Technology Services is 'Great Place to Work-Certified'
L&T Technology Services is 'Great Place to Work-Certified'
Source: PR Agency
21/06/2022 12:38:12 PM
Key News - Larsen & Toubro Infotech, Adani Wilmar Ltd, Indian Hume Pipe Ltd, HDFC Life Insurance Company Ltd, Cipla Ltd, PTC India Ltd By ARETE Securities Key News L&T Infotech-Mindtree merger likely by December, says LTI COO The amalgamation process of Larsen & Toubro Infotech (LTI) and Mindtree is likely to be completed by December, and during this period, both the companies will continue to operate independently, a senior official said. The two subsidiaries of Larsen & Toubro had last month announced a megamerger to create an efficient and scaled-up IT services provider, exceeding USD 3.5 billion in combined revenue. &n...
Key News - Larsen & Toubro Infotech, Adani Wilmar Ltd, Indian Hume Pipe Ltd, HDFC Life Insurance Company Ltd, Cipla Ltd, PTC India Ltd By ARETE Securities
Key News - Larsen & Toubro Infotech, Adani Wilmar Ltd, Indian Hume Pipe Ltd, HDFC Life Insurance Company Ltd, Cipla Ltd, PTC India Ltd By ARETE Securities
Source: ARETE Securities Ltd
20/06/2022 9:25:45 AM
Stock Picks - Divis Laboratories Ltd and Larsen & Toubro Infotech Ltd By ICICI Direct Divis Laboratories Ltd Buy Divis Laboratories Ltd @ 3582.00-3587.00 CMP 3582.90 Stop Loss 3556.30 Target 3609.80/3635.00   Larsen & Toubro Infotech Ltd Buy Larsen & Toubro Infotech Ltd @ 4180.00-4186.00 CMP 4170.00 Stop Loss 4143.70 Target 4218.00/4253.00   To Read Complete Report & Disclaimer Click Here   https://secure.icicidirect.com/Content/StaticData/Disclaimer.html &...
Stock Picks - Divis Laboratories Ltd and Larsen & Toubro Infotech Ltd By ICICI Direct
Stock Picks - Divis Laboratories Ltd and Larsen & Toubro Infotech Ltd By ICICI Direct
Source: ICICI Direct
16/06/2022 9:52:01 AM
Larsen & Toubro Infotech zooms on expanding global partnership with Google Cloud Larsen & Toubro Infotech is currently trading at Rs. 4212.00, up by 120.50 points or 2.95% from its previous closing of Rs. 4091.50 on the BSE. The scrip opened at Rs. 4100.00 and has touched a high and low of Rs. 4253.10 and Rs. 4100.00 respectively. So far 12925 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 7595.25 on 04-Jan-2022 and a 52 week low of Rs. 3525.95 on 17-May-2021. Last one week high and low...
Larsen & Toubro Infotech zooms on expanding global partnership with Google Cloud
Larsen & Toubro Infotech zooms on expanding global partnership with Google Cloud
Source: Accord Fintech
17/05/2022 12:55:00 PM
L&T to own 68.73% in combined entity after Mindtree, LTI merger Larsen & Toubro Limited as the promoter will own 68.73 per cent stake in the combined entity created by the merger of Mindtree and L&T Infotech (LTI). Mindtree, a leading digital transformation partner with market cap of Rs 578.4 billion will merge into LTI, a global technology consulting and digital solutions company with market cap of Rs 836.2 billion. Subsidiaries and associates of Mindtree will become subsidiaries and associates of LTI. The amalgamated entity will be name...
L&T to own 68.73% in combined entity after Mindtree, LTI merger
L&T to own 68.73% in combined entity after Mindtree, LTI merger
Source: IANS
7/05/2022 2:01:51 PM
Reduce Larsen & Toubro Infotech Ltd For Target Rs.4,986 - ICICI Securities Uninspiring show Larsen & Toubro Infotech (LTI) disappointed with a weak set of Q4FY22 earnings on various fronts. Revenues were way below our estimate at US$570mn (+3.6% QoQ CC vs Isec. est. of +5.3% QoQ CC). We would like to highlight that in LTI also (like Infy and TCS), we have seen softening of BFS growth – just 2.8% QoQ vs avg. of 10% in last 3 quarters. For LTI, H1 is seasonally weak and we expect more moderation of BFS growth ahead. Even Top-5 client growth was at a six-q...
Reduce Larsen & Toubro Infotech Ltd For Target Rs.4,986 - ICICI Securities
Reduce Larsen & Toubro Infotech Ltd For Target Rs.4,986 - ICICI Securities
Source: ICICI Securities Ltd
23/04/2022 9:45:48 AM
Hold L&T Infotech Ltd For Target Rs. 6,000 - ICICI Direct Disappointing numbers; cautious near term outlook… About the stock: Larsen & Toubro Infotech (LTI) offers application development, IMS, digital solution services to BFSI, retail, health, media & hi-tech verticals. LTI has 71 Fortune-500 clients with a presence in North America & Europe LTI has grown at 19% CAGR over FY17-22 with robust margins (>19%) Q4FY22 Results: LTI reported weak numbers. Constant currency revenues increased 3.6% QoQ EBIT margin con...
Hold L&T Infotech Ltd For Target Rs. 6,000 - ICICI Direct
Hold L&T Infotech Ltd For Target Rs. 6,000 - ICICI Direct
Source: ICICI Direct
21/04/2022 12:31:49 PM
Buy L&T Infotech Ltd :Modest performance on flattish onsite volume - Yes Securities Buy L&T Infotech Ltd For Target Rs. 6,451 - Yes Securities  Modest performance on flattish onsite volume Our view and valuation Overall, the performance in the quarter was slightly below expectation due to flattish onsite volume sequentially resulting in modest performance for the quarter. Demand environment continues to remain robust for the company as reflected in its deal pipeline. Offshore employee attrition has started to moderate, and it will take around another 2 quar...
Buy L&T Infotech Ltd :Modest performance on flattish onsite volume - Yes Securities
Buy L&T Infotech Ltd :Modest performance on flattish onsite volume - Yes Securities
Source: Yes Securities Ltd
21/04/2022 11:01:06 AM
Neutral L&T Infotech Ltd For Target Rs. 5,710 - Motilal Oswal Strong FY23 outlook, but valuations remain rich Demand story intact, margin guidance stable for FY23 LTI reported a growth of 3.6% QoQ CC on a high base, below our estimate of 4.2%. Growth was broad-based across verticals and service lines. EBIT margin moderated by 60bp QoQ to 17.3% in 4QFY22 (inline) due to lower working days and revenue mix. LTI continues to benefit from one of the strongest ever demand environments and sees it continuing over the next three-to-five years. The mana...
Neutral L&T Infotech Ltd For Target Rs. 5,710 - Motilal Oswal
Neutral L&T Infotech Ltd For Target Rs. 5,710 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
20/04/2022 10:44:40 AM
Stock Picks - LTI​​​​​​​ Ltd & Balkrishna Industries Ltd By ICICI Direct LTI Buy LTI​​​​​​​ Ltd @6305.00-6310.00 CMP 6306.20 Stop Loss 6259.30 Target 6388.00   Balkrishna Industries Buy Balkrishna Industries @ 2103.00-2107.00 CMP 2104.75 Stop Loss 2087.30 Target 2135.00   To Read Complete Report & Disclaimer Click Here   https://secure.icicidirect.com/Content/StaticData/Disclaimer.html   Views express by all participants are...
Stock Picks - LTI​​​​​​​ Ltd & Balkrishna Industries Ltd By ICICI Direct
Stock Picks - LTI​​​​​​​ Ltd & Balkrishna Industries Ltd By ICICI Direct
Source: ICICI Direct
31/03/2022 10:56:11 AM
LTI trades higher on the BSE Larsen & Toubro Infotech is currently trading at Rs. 6276.00, up by 79.25 points or 1.28% from its previous closing of Rs. 6196.75 on the BSE. The scrip opened at Rs. 6245.00 and has touched a high and low of Rs. 6300.65 and Rs. 6111.95 respectively. So far 4720 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 7595.25 on 04-Jan-2022 and a 52 week low of Rs. 3525.95 on 17-May-2021. Last one week high and low o...
LTI trades higher on the BSE
LTI trades higher on the BSE
Source: Accord Fintech
4/02/2022 1:07:20 PM
Hold Larsen & Toubro Infotech Ltd For Target Rs.6,800 - Emkay Global All-round performance * LTI’s Q3 operating performance beat our expectations. Revenues grew by 8.7% QoQ to USD553mn (9.2% CC), above our estimate. EBITM expanded by 70bps QoQ to 17.9% on the back of revenue growth-led operating leverage and favorable currency movement. * Revenue growth was broad-based, driven by Manufacturing (19% QoQ CC), BFS (10.4%), CPG, Retail & Pharma (7.8%), E&U (7.0%), Hi-Tech, M&E (3.1%) and Insurance (2.2%). All geographies, except RoW, report...
Hold Larsen & Toubro Infotech Ltd For Target Rs.6,800 - Emkay Global
Hold Larsen & Toubro Infotech Ltd For Target Rs.6,800 - Emkay Global
Source: Emkay Global Financial Services Ltd
26/01/2022 11:07:51 AM
Buy Larsen & Toubro Infotech Ltd For Target Rs.7,952 - Yes Securities   Overall, performance was ahead of expectations Our view Overall, the performance in the quarter was well ahead of expectation. Demand environment continues to remain robust for the company. We expect it to be among the growth leader in the Tier 2 IT companies and should be able to maintain net margin of 14‐15%.    It continues to remain one of our top picks in Tier‐2 IT space, well positioned to capitalize on demand environment. We maintain BUY on the stock with revi...
Buy Larsen & Toubro Infotech Ltd For Target Rs.7,952 - Yes Securities
Buy Larsen & Toubro Infotech Ltd For Target Rs.7,952 - Yes Securities
Source: Yes Securities Ltd
22/01/2022 11:36:24 AM
Buy Larsen & Toubro Infotech Ltd For Target Rs.8050 - ICICI Direct Margin expansion stands out! About the stock: Larsen & Toubro Infotech (LTI) offers application development, IMS, digital solution services to BFSI, retail, health, media & hi-tech verticals. * LTI has 71 Fortune-500 clients with a presence in North America & Europe * LTI has grown at 14% CAGR over FY18-21 with robust margins (~19%)   Q3FY22 Results: Strong revenue coupled with EBIT margin expansion QoQ * Constant currency revenues increased 9.2% QoQ * EB...
Buy Larsen & Toubro Infotech Ltd For Target Rs.8050 - ICICI Direct
Buy Larsen & Toubro Infotech Ltd For Target Rs.8050 - ICICI Direct
Source: ICICI Direct
21/01/2022 11:01:25 AM
Larsen & Toubro Infotech rises on partnering with Securonix, Snowflake Larsen & Toubro Infotech is currently trading at Rs. 7176.50, up by 63.80 points or 0.90% from its previous closing of Rs. 7112.70 on the BSE. The scrip opened at Rs. 7125.00 and has touched a high and low of Rs. 7231.80 and Rs. 7061.40 respectively. So far 8451 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 7595.25 on 04-Jan-2022 and a 52 week low of Rs. 3525.95 on 17-May-2021. Last one week high and low o...
Larsen & Toubro Infotech rises on partnering with Securonix, Snowflake
Larsen & Toubro Infotech rises on partnering with Securonix, Snowflake
Source: Accord Fintech
11/01/2022 2:28:43 PM
Stock Picks - Larsen & Toubro Infotech Ltd and Bharat Electronics Ltd By ICICI Direct L& T Infotech Buy Larsen & Toubro Infotech Ltd @ 7200.00-7206.00 CMP 7200.65 TGT 7309.00 SL 7147.00   Bharat Electronics Buy Bharat Electronics Ltd @ 207.00-207.50 CMP 207.30 TGT 211.90 SL 204.90   To Read Complete Report & Disclaimer Click Here   https://secure.icicidirect.com/Content/StaticData/Disclaimer.html   Views express by all participants ar...
Stock Picks - Larsen & Toubro Infotech Ltd and Bharat Electronics Ltd By ICICI Direct
Stock Picks - Larsen & Toubro Infotech Ltd and Bharat Electronics Ltd By ICICI Direct
Source: ICICI Direct
28/12/2021 11:05:23 AM
Buy Larsen & Toubro Infotech Ltd For Target Rs.7650 - ICICI Direct Aspire to be US$4bn company in the medium term About the stock: Larsen & Toubro Infotech (LTI) offers application development, IMS, digital solution services to BFSI, retail, health, media & hi-tech verticals. * LTI has 71 Fortune-500 clients with a presence in North America & Europe * LTI has grown at 14% CAGR over FY18-21 with robust margins (~19%)   Analyst day highlights: * The company has hit quarterly annualised revenue run rate of US$2bn in Q2FY2...
Buy Larsen & Toubro Infotech Ltd For Target Rs.7650 - ICICI Direct
Buy Larsen & Toubro Infotech Ltd For Target Rs.7650 - ICICI Direct
Source: ICICI Direct
11/12/2021 11:27:02 AM
Buy Larsen & Toubro Infotech Ltd For Target Rs.6,640 - Motilal Oswal Growth outlook turbocharged by cloud spend Talent supply over near term remains key hurdle * We attended LTI’s Analyst Day, where the management a) reiterated its guidance for strong broad-based growth for the coming 3–5 years and b) highlighted ‘The Great Restructuring’ as a key driver of the demand tailwind. * The management remains confident about this growth trajectory and mentioned six factors that would drive growth – demand, capability, talent, sa...
Buy Larsen & Toubro Infotech Ltd For Target Rs.6,640 - Motilal Oswal
Buy Larsen & Toubro Infotech Ltd For Target Rs.6,640 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
10/12/2021 9:36:44 AM
Stock Picks - Larsen & Toubro Infotech​​​​​​​ Ltd and Dr Reddy’s Laboratories Ltd By ICICI Direct Larsen & Toubro Infotech Buy Larsen & Toubro Infotech Ltd @ 6918.00-6925.00 CMP 6938.60 TGT 7019.00 SL 6869.30   Dr Reddy’s Laboratories Sell Dr Reddy’s Laboratories Ltd @ 4620.00-4626.00 CMP 4623.05 TGT 4561.00 SL 4656.30​​​​​​​   To Read Complete Report & Disclaimer Click Here   https://secure.icicidirect.com/Content/StaticData/Disclaimer.htm...
Stock Picks - Larsen & Toubro Infotech​​​​​​​ Ltd and Dr Reddy’s Laboratories Ltd By ICICI Direct
Stock Picks - Larsen & Toubro Infotech​​​​​​​ Ltd and Dr Reddy’s Laboratories Ltd By ICICI Direct
Source: ICICI Direct
2/12/2021 11:56:01 AM
Stock of the week - Larsen & Toubro Infotech Limited For Target Rs.8583 By GEPL Capital Larsen & Toubro Infotech Ltd Observation * LTI on the monthly time frame has been forming a higher high higher low pattern since May 2020. indicating that the long term trend of the stock is strongly bullish. * On the weekly chart we can see that the prices moved above the 20 Week SMA on 7th June 2021 and the prices have managed to sustain above the same ever since. * We have also shown the Bollinger Bands on the weekly time frame where in we can see the prices ride the u...
Stock of the week - Larsen & Toubro Infotech Limited For Target Rs.8583 By GEPL Capital
Stock of the week - Larsen & Toubro Infotech Limited For Target Rs.8583 By GEPL Capital
Source: GEPL Capital
15/11/2021 2:40:56 PM
Buy Larsen & Toubro Infotech Ltd For Target Rs.7650 - ICICI Direct Impressive EBIT margin expansion QoQ… About the stock: Larsen & Toubro Infotech (LTI) offers application development, IMS, digital solution services to BFSI, retail, health, media & hi-tech verticals. * LTI has 71 Fortune-500 clients with a presence in North America & Europe * LTI has grown at 14% CAGR over FY18-21 with robust margins (~19%)   Q2FY22 Results: Strong revenue coupled with EBIT margin expansion QoQ * Constant currency revenues increased ...
Buy Larsen & Toubro Infotech Ltd For Target Rs.7650 - ICICI Direct
Buy Larsen & Toubro Infotech Ltd For Target Rs.7650 - ICICI Direct
Source: ICICI Direct
11/11/2021 12:18:27 PM
Buy Larsen And Toubro Infotech Ltd For Target Rs.7,050 - ICICI Securities Consistently consistent! In a seasonally not so strong quarter, Larsen & Toubro Infotech (LTI) impressed with robust (~8.9% QoQ, CC) and broad-based growth – across verticals, geographies and service lines. What differentiates LTI from most other IT companies is the strong growth despite a tall base in FY21 [Sep-19 to Sep-21 revenue (USD) CAGR (YoY) = 18% vs 14% of Mindtree, 12% of Infosys, 7% of TCS and 6% of HCLT]. Share of offshore effort increased 90bps QoQ to 83.6% drivin...
Buy Larsen And Toubro Infotech Ltd For Target Rs.7,050 - ICICI Securities
Buy Larsen And Toubro Infotech Ltd For Target Rs.7,050 - ICICI Securities
Source: ICICI Securities
29/10/2021 9:47:05 AM
Hold Larsen and Toubro Infotech Ltd For Target Rs. 6,400 - Emkay Global Revenue beats estimates; margins a tad lower * LTI’s revenues grew 8.3% QoQ to USD509.0mn (CC: 8.9%), above our estimate. EBITM expanded by 80bps QoQ to 17.2% on the back of strong revenue growth, SG&A leverage and offshore shift, partly negated by supply-side inflation and lower utilization. * Revenue growth was broad-based and driven by Manufacturing (12.9% QoQ CC), BFS (10.6%), Insurance (6.1%), High-tech, Media & Entertainment (7.0% QoQ CC), and ENU (6.9%). All geograp...
Hold Larsen and Toubro Infotech Ltd For Target Rs. 6,400 - Emkay Global
Hold Larsen and Toubro Infotech Ltd For Target Rs. 6,400 - Emkay Global
Source: Emkay Global Financial Services Ltd
26/10/2021 9:30:56 AM
Neutral L&T Infotech Ltd For Target Rs.6,430 - Motilal Oswal Strong growth to sustain, but valuations remain punchy Talent supply a near-term limitation on growth * LTI’s revenue growth, in USD terms, stood at 8.9% QoQ CC in 2QFY22, above our estimate of 5.4%. Growth was broad based across verticals, service lines, geographies, and client buckets. Broad based industry growth was led by BFS and Manufacturing. EBIT margin expanded by 80bp QoQ to 17.2% in 2QFY22 (est. 16.7%), led by SG&A leverage, offshoring, and higher working days, parti...
Neutral L&T Infotech Ltd For Target Rs.6,430 - Motilal Oswal
Neutral L&T Infotech Ltd For Target Rs.6,430 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
23/10/2021 12:53:12 PM
Buy Larsen & Toubro Infotech Ltd For Target Rs. 7,864 - Yes Securities Overall, performance was ahead of expectations Our view Overall, the performance in the quarter was well ahead of expectation. Demand environment continues to remain robust for the company. We expect it to be among the growth leader in the Tier 2 IT companies and should be able to maintain net margin of 14‐15%. Trades at PE of  35.7x on FY24E EPS. It continues to remain one of our top picks in Tier‐2 IT space. We maintain BUY on the stock with revised target price of Rs 7,864/...
Buy Larsen & Toubro Infotech Ltd For Target Rs. 7,864 - Yes Securities
Buy Larsen & Toubro Infotech Ltd For Target Rs. 7,864 - Yes Securities
Source: Yes Securities Ltd
20/10/2021 10:22:02 AM
Larsen & Toubro Infotech zooms on reporting 21% rise in Q2 consolidated net profit Larsen & Toubro Infotech is currently trading at Rs. 6737.50, up by 830.50 points or 14.06% from its previous closing of Rs. 5907.00 on the BSE. The scrip opened at Rs. 6460.00 and has touched a high and low of Rs. 6793.05 and Rs. 6381.00 respectively. So far 116784 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 6793.05 on 19-Oct-2021 and a 52 week low of Rs. 2828.10 on 29-Oct-2020. Last one week high and l...
Larsen & Toubro Infotech zooms on reporting 21% rise in Q2 consolidated net profit
Larsen & Toubro Infotech zooms on reporting 21% rise in Q2 consolidated net profit
Source: Accord Fintech
19/10/2021 11:52:34 AM
Quote on L&T Infotech Q2FY22 results by Jyoti Roy, Angel One Ltd Below is quote on L&T Infotech Q2FY22 results by Jyoti Roy - DVP- Equity Strategist, Angel One Ltd L&T Infotech reported a 8.3% qoq growth in revenues to USD 509mn which was well above the street and our estimates. In rupee terms revenue grew by 8.8% qoq to ₹3,767 crore while EBIT grew by 14.1% qoq to ₹6,482 crore. EBIT margins for the quarter expanded by 80pps qoq to 17.2% due to control in SG&A expenses. Net profit for the quarter grew by 11.1% q...
Quote on L&T Infotech Q2FY22 results by Jyoti Roy, Angel One Ltd
Quote on L&T Infotech Q2FY22 results by Jyoti Roy, Angel One Ltd
Source: Angel One Ltd
19/10/2021 11:50:24 AM
Key News - Ultratech Cement Ltd, Reliance Retail, Larsen & Toubro Infotech Ltd, Sterlite Power transmission Ltd, Tata Coffee Ltd, Adani Ports and Special Economic Zone Ltd By ARETE Securities Key News UltraTech Q2 net profit flat at Rs 1,310 cr, revenue rises 16% Aditya Birla group firm UltraTech Cement Ltd on Monday reported a consolidated net profit of Rs 1,310.34 crore for the quarter ended in September 2021 against Rs 1,310.06 crore in the year-ago quarter on account of sharp rise in coal and pet coke prices. However, its revenue from operations was up 15.69 per cent to Rs 12,016.78 crore during the quarter under review as against Rs 10,387.14 crore in the corresponding...
Key News - Ultratech Cement Ltd, Reliance Retail, Larsen & Toubro Infotech Ltd, Sterlite Power transmission Ltd, Tata Coffee Ltd, Adani Ports and Special Economic Zone Ltd By ARETE Securities
Key News - Ultratech Cement Ltd, Reliance Retail, Larsen & Toubro Infotech Ltd, Sterlite Power transmission Ltd, Tata Coffee Ltd, Adani Ports and Special Economic Zone Ltd By ARETE Securities
Source: ARETE Securities Ltd
19/10/2021 9:18:51 AM
Stock Picks - Titan Company Ltd and Larsen & Toubro Infotech Ltd By ICICI Direct Titan Buy Titan Company Ltd @ 1871.00-1875.00 CMP 1872.50 TGT 1899.00 SL 1858.20   L&T Infotech Buy Larsen & Toubro Infotech Ltd @ 5044.00-5050.00 CMP 5046.90 TGT 5127.00 SL 4998.00​​​​​​​   To Read Complete Report & Disclaimer Click Here   https://secure.icicidirect.com/Content/StaticData/Disclaimer.html   Views express by all participants are ...
Stock Picks - Titan Company Ltd and Larsen & Toubro Infotech Ltd By ICICI Direct
Stock Picks - Titan Company Ltd and Larsen & Toubro Infotech Ltd By ICICI Direct
Source: ICICI Direct
24/08/2021 10:27:55 AM
Weekly Tech Picks - Larsen & Toubro Infotech Limited, Adani Enterprises Limited, Solara Active Pharma Sciences Limited, Piramal Enterprises Limited By Axis Securities Larsen & Toubro Infotech Limited * On the weekly chart, the stock has witnessed 6-8 months “Consolidation Range” breakout at 4500 levels. * The stock is well placed above its 20 and 50-day SMA’s which reconfirm bullish sentiments * Rising volumes at breakout zone signals increased participation on 06 August, 2021 *Holding period is 3 to 4 weeks. correction * The stock is in strong up trend across all the time frames forming a series of higher tops and bottoms...
Weekly Tech Picks - Larsen & Toubro Infotech Limited, Adani Enterprises Limited, Solara Active Pharma Sciences Limited, Piramal Enterprises Limited By Axis Securities
Weekly Tech Picks - Larsen & Toubro Infotech Limited, Adani Enterprises Limited, Solara Active Pharma Sciences Limited, Piramal Enterprises Limited By Axis Securities
Source: Axis Securities Ltd
8/08/2021 5:04:28 PM
Neutral L&T Infotech Ltd For Target Rs. 4,280 - Motilal Oswal Growth focus to keep margins tethered Valuations continue to factor in performance * L&T Infotech (LTI)’s 1QFY22 USD revenue growth stood at 4.8% QoQ CC, above our est. of 3.4% QoQ CC. Growth was largely led by deal ramp-ups in Hi-Tech (Injazat) and BFSI (Islamic Bank), which grew 13.2 and 8.2%, respectively. The 1Q EBIT margin contracted 300bp QoQ to 16.4% (in line with estimates). The margin decline was primarily led by a 340bp impact of wage hikes and promotions to manage a...
Neutral L&T Infotech Ltd For Target Rs. 4,280 - Motilal Oswal
Neutral L&T Infotech Ltd For Target Rs. 4,280 - Motilal Oswal
Source: Motilal Oswal Financial Services
27/07/2021 11:25:40 AM
Buy Larsen & Toubro Infotech Ltd For Target Rs. 5,065 - ICICI Direct Robust growth in revenues continues… About the stock: Larsen & Toubro Infotech (LTI) offers application development, IMS, digital solution services to BFSI, retail, health, media & hi-tech verticals. * LTI has 71 Fortune-500 clients with presence in North America & Europe * LTI has grown at 14% CAGR over FY18-21 with robust margins (~19%)   Q1FY22 Results: LTI reported robust Q1FY22 results. * Dollar revenues increased 5.1% QoQ to US$470.2 mil...
Buy Larsen & Toubro Infotech Ltd For Target Rs. 5,065 - ICICI Direct
Buy Larsen & Toubro Infotech Ltd For Target Rs. 5,065 - ICICI Direct
Source: ICICI Securities
26/07/2021 11:53:21 AM
Buy Larsen and Toubro Infotech Ltd For Target Rs.5,000 - ICICI Securities Margin trajectory will be the key Like Infosys across large caps, LTI has been one of the very few companies in the industry reporting an actual improvement in the underlying demand – and not a mere cyclical recovery from a low base. Its consistent performance continued with 4.8% QoQ (CC) growth aided by the Middle East deal ramp up. Quality of growth was good with most key verticals and geographies contributing handsomely. Growth in top accounts was strong. Sharp EBIT margin cont...
Buy Larsen and Toubro Infotech Ltd For Target Rs.5,000 - ICICI Securities
Buy Larsen and Toubro Infotech Ltd For Target Rs.5,000 - ICICI Securities
Source: ICICI Securities Ltd
21/07/2021 1:33:49 PM