News

L&T Technology Services inches up on partnering with Critical Manufacturing L&T Technology Services is currently trading at Rs. 3793.35, up by 0.30 points or 0.01% from its previous closing of Rs. 3793.05 on the BSE. The scrip opened at Rs. 3797.05 and has touched a high and low of Rs. 3807.95 and Rs. 3744.10 respectively. So far 7074 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4316.75 on 02-Dec-2022 and a 52 week low of Rs. 2923.35 on 04-Jul-2022. Last one week high and low of ...
L&T Technology Services inches up on partnering with Critical Manufacturing
L&T Technology Services inches up on partnering with Critical Manufacturing
Source: Accord Fintech
25/05/2023 1:44:30 PM
India`s L&T Tech sees 20% FY24 revenue growth, posts profit beat in Q4  Indian engineering firm L&T Technology Services Ltd said on Wednesday it expects revenue to grow over 20% for the current fiscal year after reporting a bigger-than-expected fourth-quarter profit on a strong deal pipeline. "For FY24, our guidance is for a USD constant currency revenue growth of 20% plus," Chief Executive Officer Amit Chadha said in a statement. The company's consolidated net profit rose to 3.10 billion rupees ($37.93 million) for the three months ...
India`s L&T Tech sees 20% FY24 revenue growth, posts profit beat in Q4
India`s L&T Tech sees 20% FY24 revenue growth, posts profit beat in Q4
Source: Reuters
26/04/2023 5:29:40 PM
L&T Technology Services in augurates new campus Module X in Mysuru India : L&T Technology Services (NSE: LTTS), a leading global pure play engineering services company, announcedtodaythe opening of its new campus in Mysuru, Karnataka, to cater to the design and development of embedded solutions, digital products and software engineering. The new Module X Campus houses eight floors with engineers in this centre working on a wide spectrum of services covering multiple industries. The state-of-the-art modern campus has a capacity to seat over 1,300 engin...
L&T Technology Services in augurates new campus Module X in Mysuru
L&T Technology Services in augurates new campus Module X in Mysuru
Source: PR Agency
31/10/2022 4:21:15 PM
Buy L&T Technology Services Ltd For Target Rs. 4,230 - Motilal Oswal Growth momentum continues; reiterate BUY * L&T Technology (LTTS) posted a 4.5% QoQ growth in constant currency (CC) in 2QFY23, 20bp below our estimate. This was led by strong growth in Transportation (+7.4% QoQ) and Plant Engineering (+4.6% QoQ), while Telecom & Hi-Tech (-1.3%) was subdued. EBIT margin contracted slightly by 10bp QoQ despite the full-quarter impact of wage hikes, beating our estimates by 70bp. * The deal wins were remained healthy after record bookings in 1QFY23...
Buy L&T Technology Services Ltd For Target Rs. 4,230 - Motilal Oswal
Buy L&T Technology Services Ltd For Target Rs. 4,230 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
20/10/2022 11:54:46 AM
REDUCE L&T Technology Services Ltd Target Rs . 3,132 - ICICI Securities L&T Technology Services’ (LTTS) Q2FY23 revenue growth at 4.5% QoQ CC beat our estimate of 4%. The growth was led by transportation (9.4% QoQ CC) and plant engineering (6% QoQ CC) verticals. However, the company continued to witness tightening of budgets in the medical devices segment and pauses in the sub-verticals of hi-tech and telecom. Management has narrowed its revenue growth guidance band to 15.5-16.5% YoY CC for FY23 (vs 14.5-16.5% earlier). The guidance implies soft reven...
REDUCE L&T Technology Services Ltd Target Rs . 3,132 - ICICI Securities
REDUCE L&T Technology Services Ltd Target Rs . 3,132 - ICICI Securities
Source: ICICI Securities Ltd
19/10/2022 6:00:20 PM
Neutral L&T Technology Services Target Rs .3,696 - Yes Securities Result Synopsis L&T Technology Services (INFO) reported strong financial performance for the quarter. While, the revenue growth was inline with estimates, EBIT margin came above expectation. It reported constant currency growth of 4.5% QoQ, led by Transportation vertical( up 7.4% QoQ) and Plant Engineering( up 4.6% QoQ). The INR reported growth of 6.5% QoQ was supported by depreciation of INR by 3.4% QoQ vs USD. There was sequential decline in EBIT margin(down 14 bps QoQ) led by impact...
Neutral L&T Technology Services Target Rs .3,696 - Yes Securities
Neutral L&T Technology Services Target Rs .3,696 - Yes Securities
Source: Yes Securities Ltd
19/10/2022 3:03:28 PM
L&T Technology Services wins 5-year deal from BMW Group in infotainment domain LTTS to provide high end engineering services for BMW Group’s suite of infotainment consoles L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company, announced today that it has won a 5-year, multi-million-dollar deal from European luxury vehicle maker BMW Group to provide high end engineering services for the company’s suite of infotainment consoles targeted for its family of hybrid vehicles. The large deal ...
L&T Technology Services wins 5-year deal from BMW Group in infotainment domain
L&T Technology Services wins 5-year deal from BMW Group in infotainment domain
Source: PR Agency
29/08/2022 3:14:49 PM
L&T Technology Services’ 5th edition of academia-industry initiative TECHgium® concludes with breakthrough innovations L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leading pure play engineering services company, announced the successful conclusion of the 5th Edition of its widely acclaimed annual academia-industry innovation initiative, TECHgium®. Conceptualized to provide engineering students with an early exposure to real-life problem statements faced by industries, TECHgium® has, over the years, emerged as one of the most sought-after forums for engineering st...
L&T Technology Services’ 5th edition of academia-industry initiative TECHgium® concludes with breakthrough innovations
L&T Technology Services’ 5th edition of academia-industry initiative TECHgium® concludes with breakthrough innovations
Source: PR Agency
6/05/2022 12:31:27 PM
Buy L&T Technology Services Ltd For Target Rs.4,583 - Yes Securities Performance was broadly as per expectation Our view and valuation Overall, the revenue and margin performance in the quarter was broadly inline with expectation. Demand environment continues to remain robust in all the operating segments of the company and the rising frequency of large sized deals provides strong revenue growth visibility. FY23 revenue guidance of 13.5‐15.5% growth in USD terms remains as per expectation. It faces certain cost headwinds like travel and higher admin cost...
Buy L&T Technology Services Ltd For Target Rs.4,583 - Yes Securities
Buy L&T Technology Services Ltd For Target Rs.4,583 - Yes Securities
Source: Yes Securities Ltd
25/04/2022 11:25:14 AM
Reduce L&T Technology Services Ltd For Target Rs.3,908 - ICICI Securities Unfavourable risk-reward, expensive valuations LTTS reported a miss on revenue growth by 130bps at 3.1% QoQ USD (Isec:4.4%). In CC terms, revenues grew 3.6% QoQ. In terms of verticals, Transportation reported strong growth of 7.8% QoQ, followed by Plant Engineering (+3% QoQ). Telecom & Hi-tech grew 1.1% QoQ, while Industrial Products / Medical Devices remained largely flat sequentially. Management guided for organic growth of 13.5-15.5% YoY USD for FY23 which is way below our/consensus...
Reduce L&T Technology Services Ltd For Target Rs.3,908 - ICICI Securities
Reduce L&T Technology Services Ltd For Target Rs.3,908 - ICICI Securities
Source: ICICI Securities Ltd
22/04/2022 11:45:06 AM
Buy L&T Technology Ltd For Target Rs.5,280 - Motilal Oswal Strong demand and improving deal flow to drive growth in FY23 Supply pressures to keep margin stable LTTS reported a 3.6% QoQ CC growth in 4QFY22, 90bp below our estimate due to softer growth in Industrial Products (-0.5% QoQ), Medical Devices (flat QoQ), and Telecom and Hi-Tech (+1.1% QoQ), while Transportation grew a robust 7.8% QoQ. Despite the large 400bp shift in its on-site revenue mix and lower utilization (-80bp QoQ), operating margin was flat QoQ. Attrition spiked to 20.4% (+29...
Buy L&T Technology Ltd For Target Rs.5,280 - Motilal Oswal
Buy L&T Technology Ltd For Target Rs.5,280 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
22/04/2022 9:34:27 AM
L&T Technology Services earns recognition as a John Deere `Supplier of the Year`& `Partner-level Supplier` L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a leading global pure-play engineering services company has earned recognition as Supplier of the Year and also named Partner-level supplier for 2021 in the John Deere Achieving Excellence (AE) Program. The Partner-level status is Deere & Company’s highest supplier rating. India-based LTTS has been selected for the honor in recognition of its dedication to providing products and services of outstanding quality as well ...
L&T Technology Services earns recognition as a John Deere `Supplier of the Year`& `Partner-level Supplier`
L&T Technology Services earns recognition as a John Deere `Supplier of the Year`& `Partner-level Supplier`
Source: PR Agency
29/03/2022 12:12:17 PM
L&T Technology Services trades higher on the BSE L&T Technology Services is currently trading at Rs. 4780.00, up by 43.95 points or 0.93% from its previous closing of Rs. 4736.05 on the BSE. The scrip opened at Rs. 4775.00 and has touched a high and low of Rs. 4792.00 and Rs. 4741.00 respectively. So far 5122 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5,958.10 on 04-Jan-2022 and a 52 week low of Rs. 2475.85 on 18-Mar-2021. Last one week high and low o...
L&T Technology Services trades higher on the BSE
L&T Technology Services trades higher on the BSE
Source: Accord Fintech
21/03/2022 11:51:36 AM
Buy L&T Tech Services Ltd For Target Rs.5,868 - Edelweiss Financial Services Demand stays robust L&T Tech Services (LTTS) posted Q3FY22 revenue growth of 3.6% QoQ to USD225.1mn, lower than our/Street’s estimate of USD227mn/USD229.5mn. Operating margin rose 20bp QoQ to 18.6%, in line with our estimate but above Street’s estimate of 18.3%. PAT grew 8.2% QoQ to INR2.5bn, in line with our and Street’s estimates. LTTS declared an interim dividend of INR10/share. LTTS is witnessing improvement in its pipeline. That it hired 2,000-plus during Q3FY...
Buy L&T Tech Services Ltd For Target Rs.5,868 - Edelweiss Financial Services
Buy L&T Tech Services Ltd For Target Rs.5,868 - Edelweiss Financial Services
Source: Edelweiss Financial Services Ltd
21/01/2022 9:57:18 AM
Key News - Sony Corporation Ltd , Reliance Retail Ltd , JSW Energy Ltd, Saregama Ltd , Bajaj Auto Ltd , L&T Technology Services Ltd By ARETE Securities Key News Sony loses $20 bn in market value on Microsoft's Activision Blizzard deal Sony Group Corp. shares fell 13% in Tokyo on Wednesday, their biggest drop since October 2008, after PlayStation rival Microsoft Corp. announced a $69 billion deal to acquire games publisher Activision Blizzard Inc. The blockbuster acquisition escalates Microsoft’s spending spree to secure intellectual property assets for its Xbox Game Pass service, wiping $20 billion off Sony’s valuati...
Key News - Sony Corporation Ltd , Reliance Retail Ltd , JSW Energy Ltd, Saregama Ltd , Bajaj Auto Ltd , L&T Technology Services Ltd By ARETE Securities
Key News - Sony Corporation Ltd , Reliance Retail Ltd , JSW Energy Ltd, Saregama Ltd , Bajaj Auto Ltd , L&T Technology Services Ltd By ARETE Securities
Source: ARETE Securities Ltd
20/01/2022 9:24:54 AM
Key News - AGS Transact Technologies Ltd , Tata Elxsi Ltd , TV18 Ltd, L&T Technology Services Ltd , ICICI Prudential Life Insurance Ltd By ARETE Securities Key News AGS Transact Tech mobilises Rs 204 cr from anchor investors ahead of IPO Payment solutions provider AGS Transact Technologies on Tuesday raised Rs 204 crore from anchor investors ahead of its initial share-sale that opens for public subscription on Wednesday. The company has allotted over 1.16 crore equity shares to anchor investors at Rs 175 apiece, aggregating the transaction size to Rs 204 crore, according to a circular uploaded on BSE website. Ashoka India Equity Investm...
Key News - AGS Transact Technologies Ltd , Tata Elxsi Ltd , TV18 Ltd, L&T Technology Services Ltd , ICICI Prudential Life Insurance Ltd By ARETE Securities
Key News - AGS Transact Technologies Ltd , Tata Elxsi Ltd , TV18 Ltd, L&T Technology Services Ltd , ICICI Prudential Life Insurance Ltd By ARETE Securities
Source: ARETE Securities Ltd
19/01/2022 9:46:26 AM
Buy L&T Technology Services Ltd For Target Rs.6150 - Religare Broking Religare Super Idea   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.religareonline.com/disclaimer SEBI Registration number is INZ000174330   Above views are of the author and not of the website kindly read disclaimer
Buy L&T Technology Services Ltd For Target Rs.6150 - Religare Broking
Buy L&T Technology Services Ltd For Target Rs.6150 - Religare Broking
Source: Religare Broking Ltd
5/01/2022 11:35:41 AM
Stock Picks - Buy L&T Technology Services Ltd For Target Rs.6330 - ICICI Direct Technical Observations * Technology stocks have outperformed during CY21. Within IT space we remain constructive on LTTS which we expect to outperform * The stock during current week trade has generated a breakout above the last two months range (|5820-4986), signaling a resumption of up move and offers fresh entry opportunity * The base of the recent consolidation is placed at the 50 days EMA ( currently placed at | 5250) signaling strength and a positive price structure * W...
Stock Picks - Buy L&T Technology Services Ltd For Target Rs.6330 - ICICI Direct
Stock Picks - Buy L&T Technology Services Ltd For Target Rs.6330 - ICICI Direct
Source: ICICI Direct
5/01/2022 11:30:32 AM
Stock of the week - L&T Technology Services Limited For Target Rs.6750 By GEPL Capital L&T Technology Services Observation * LTTS on the monthly time frame has been forming a higher high higher low pattern since June 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 in the week ended 17 may 2021, and the prices have managed to sustain above the same ever since. * We witnessed that the prices have forming a higher high higher low pattern since the past 4 we...
Stock of the week - L&T Technology Services Limited For Target Rs.6750 By GEPL Capital
Stock of the week - L&T Technology Services Limited For Target Rs.6750 By GEPL Capital
Source: GEPL Capital
22/11/2021 12:23:22 PM
Buy L and T Technology Services Ltd : Structural theme remains on track - Motilal Oswal Buy L and T Technology Services Ltd For Target Rs.5,670 Structural theme remains on track Upward revisions on guidance front to continue * L&T Technology Services (LTTS) reported 6% QoQ CC growth in 2QFY22, above our estimate of 5% QoQ CC, led by a broad-based performance across verticals. Operating leverage led to EBIT margin improvement of 110bp QoQ to 18.4% (above our estimate of 16.8%), despite strong employee additions (+6% QoQ) and lower utilization (-110bps). It reported b...
Buy L and T Technology Services Ltd : Structural theme remains on track - Motilal Oswal
Buy L and T Technology Services Ltd : Structural theme remains on track - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
28/10/2021 9:26:15 AM
Buy L and T Technology Services Ltd For Target Rs.5,675 - Edelweiss Financial Services Healthy demand environment to sustain L&T Tech Services (LTTS) posted Q2FY22 revenue growth of 5.7% QoQ (USD217.4mn) beating our/Street’s estimate of USD215mn/USD211.8mn. Operating margin rose 110bps QoQ to 18.4%, above our/Street’s estimate of 17.1%/15.6%. PAT grew 6.4% QoQ to INR2.3bn, topping our and Street’s estimates. It declared a special dividend of INR10/share to commemorate five years of listing. Management has raised revenue growth guidance from 15–...
Buy L and T Technology Services Ltd For Target Rs.5,675 - Edelweiss Financial Services
Buy L and T Technology Services Ltd For Target Rs.5,675 - Edelweiss Financial Services
Source: Edelweiss Financial Services Ltd
22/10/2021 9:11:15 AM
Add L and T Technology Services Ltd For Target Rs.5,251 - Yes Securities Overall, performance was ahead of expectations Our view Overall, the revenue and margin performance in the quarter was ahead of expectation. Demand environment continues to remain robust in all the operating segments of the company. Well placed to meet its FY22 growth guidance of 19‐20% in USD terms. We expect revenue to grow at CAGR of 17.5% over FY22E‐FY24E with average EBIT margin of 18%. Trades at stretched valuation of PE of   40.6x on FY24E EPS.   We maintain A...
Add L and T Technology Services Ltd For Target Rs.5,251 - Yes Securities
Add L and T Technology Services Ltd For Target Rs.5,251 - Yes Securities
Source: Yes Securities Ltd
21/10/2021 9:22:02 AM
Buy L&T Technology Services Ltd Target Rs. 4740 - Religare Broking Derivative Ideas  LTTS FUT has added around 5% in open interest as fresh long build up was seen in it. Current chart pattern also indicates further upmove in its price. We suggest buying in LTTS in cash market as per below levels. Strategy:- BUY LTTS AT 4610-4615, sloss at 4550, trgt 4740.   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.religareonline.com/disclaimer SEBI Registration number ...
Buy L&T Technology Services Ltd Target Rs. 4740 - Religare Broking
Buy L&T Technology Services Ltd Target Rs. 4740 - Religare Broking
Source: Religare Broking Ltd
6/10/2021 10:44:54 AM
MTF Stock Pick Buy L and T Technology Services Ltd For Target Rs. 4350 - HDFC Securities MTF Stock Pick Buy L&T Technology Services Ltd For Target Rs. 4350 - HDFC Securities  TECHNICAL OBSERVATIONS Bullish “Flag” Pattern Breakout is seen on the Daily Chart Stock has been finding support on its 50 days EMA Stock has broken out from last 14 days price consolidation Price breakout is accompanied with rise in Volumes Indicators and oscillators have been showing strength in the current uptrend Stock is placed above medium t...
MTF Stock Pick Buy L and T Technology Services Ltd For Target Rs. 4350 - HDFC Securities
MTF Stock Pick Buy L and T Technology Services Ltd For Target Rs. 4350 - HDFC Securities
Source: HDFC Securities Ltd
17/08/2021 1:01:21 PM
Buy L&T Technology Services Ltd For Target Rs. 3,705 - Yes Securities Our view The revenue growth was inline in the quarter and it was able to increase its margin sequentially led by improvement in quality of business mix. It is well on track to deliver 15%+ revenue growth for FY22 and is expected to sustain its EBIT margin of 17%. Margin profile in Telecom and Hitech segment is expected to improve going ahead. Business outlook remains robust as it is witnessing higher traction in segments such as 5G, electric vehicles, green energy, etc. Strong deal wins re...
Buy L&T Technology Services Ltd For Target Rs. 3,705 - Yes Securities
Buy L&T Technology Services Ltd For Target Rs. 3,705 - Yes Securities
Source: Yes Securities
16/07/2021 11:11:09 AM
Buy L&T Technology Services Ltd Target Rs. 2990 - Religare Broking Derivative Ideas LTTS FUTS added around 14% in open interest as LONG buildup was seen in it. Current chart pattern also indicates further up move in its price. We suggest buying in LTTS in cash as per below levels. Strategy:- BUY LTTS BETWEEN 2890-2895 STOPLOSS 2850 TARGET 2990.   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer http://ex.religareonline.com/disclaimer SEBI Registration number is INZ000174330   ...
Buy L&T Technology Services Ltd Target Rs. 2990 - Religare Broking
Buy L&T Technology Services Ltd Target Rs. 2990 - Religare Broking
Source: Religare Broking Ltd
15/07/2021 11:15:09 AM
Key News - Infosys Ltd, L and T Technology Services Ltd, Zomato, Tata Consultancy Services Ltd, Adani Transmission Ltd by ARETE Securities Key News Infosys Q1 net profit rises 23%, ups FY22 revenue guidance to 14-16% Infosys may have missed Street’s net profit expectations for the quarter ended June 2021, but the country’s second-largest information technology (IT) services player on Wednesday raised its revenue growth guidance for financial year 2021-22 (FY22), buoyed by a robust deal pipeline. The company now expects its revenue to grow by 14-16 per cent in FY22, up from the earlier estimate of 12-14 per cent...
Key News - Infosys Ltd, L and T Technology Services Ltd, Zomato, Tata Consultancy Services Ltd, Adani Transmission Ltd by ARETE Securities
Key News - Infosys Ltd, L and T Technology Services Ltd, Zomato, Tata Consultancy Services Ltd, Adani Transmission Ltd by ARETE Securities
Source: ARETE Securities Ltd
15/07/2021 8:57:57 AM
Sell L and T Technology Services Ltd For Target Rs.2,000 - ICICI Securities Questionable multiples! LTTS continued to lag behind most of its IT / ER&D peers – earlier on resilience, now on recovery. Reported revenue growth (3.8% QoQ, vs 4.7% of Cyient, CC) was behind our estimates. Adjusted 1for lower amortisation, EBIT margin expanded just 70 bps QoQ (vs ~150bps of Cyient) missing our estimates. Revenue growth guidance (13-15%, US$), despite very weak base (-6.8% YoY in FY21, CC), was a disappointment, implying a meagre 3% CAGR (CC) over FY20- 22. (1) P...
Sell L and T Technology Services Ltd For Target Rs.2,000 - ICICI Securities
Sell L and T Technology Services Ltd For Target Rs.2,000 - ICICI Securities
Source: ICICI Securities Ltd
21/05/2021 10:47:37 AM
Buy L and T Technology Ltd For Target Rs.3,130 - Motilal Oswal Upward revisions likely on the guidance front Improving demand outlook and long growth trajectory are key drivers * LTTS reported 3.8% QoQ CC growth in 4QFY21, missing our estimate by 150bp. While segments like Plant Engineering (+9.9% QoQ, large deal ramp up) and Transportation (+6.6% QoQ) did well, Telecom and Hi-Tech and Medical Devices were flat QoQ. EBIT margin improved 140bp QoQ, benefiting from better utilization and offshore mix. * The company continues to do well on the deal...
Buy L and T Technology Ltd For Target Rs.3,130 - Motilal Oswal
Buy L and T Technology Ltd For Target Rs.3,130 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
19/05/2021 11:53:17 AM
Add L&T Technology Services Ltd For Target Rs. 3,050 - Yes Securities Result Highlights * Reported inline revenue as it grew 3.9% QoQ to $190mn (up 2.8% QoQ in INR terms). In CC terms, the revenue growth was 3.8% QoQ. The sequential revenue growth was led by strong growth in Transportation and Plant Engineering segments * Revenues from digital and high‐end technologies continues to grow at robust pace and stood at 52% during the quarter. * EBIT margin grew by 138bps QoQ to 16.6%, led by better business mix. Offshore revenue mix increased by 80bps QoQ i...
Add L&T Technology Services Ltd For Target Rs. 3,050 - Yes Securities
Add L&T Technology Services Ltd For Target Rs. 3,050 - Yes Securities
Source: Yes Securities Ltd
4/05/2021 11:07:18 AM
Amit Chadha takes charge as CEO & MD of L&T Technology Services Below are Views On Amit Chadha takes charge as CEO & MD of L&T Technology Services India, April 1, 2021: Amit Chadha has taken over as CEO & Managing Director of L&T Technology Services (NSE: LTTS) effective April 1, in line with previous disclosures made to stock exchanges dated October 19, 2020. Prior to his elevation, he was serving the company as Deputy CEO & Whole-Time Board Member.    Amit joined LTTS in 2009 and has been a core member of...
Amit Chadha takes charge as CEO & MD of L&T Technology Services
Amit Chadha takes charge as CEO & MD of L&T Technology Services
Source: PR Agency
2/04/2021 11:15:59 AM
Buy L&T Technology Services Ltd For Target Rs. 3,200 - Axis Securities Engineered for Accelerated Growth We initiate coverage on L&T Technologies Ltd (LTTS) with a BUY rating and Target Price of Rs 3,200, implying an upside of 22% from the current levels. We believe LTTS is well placed to bounce back post the COVID-19 pandemic. The recovery will be led by 1) Significant growth opportunities in cloud transformation and other digital services2) Sustainable operating margins led by better services mix and operational efficiencies3) Healthy balance sheet, str...
Buy L&T Technology Services Ltd For Target Rs. 3,200 - Axis Securities
Buy L&T Technology Services Ltd For Target Rs. 3,200 - Axis Securities
Source: Axis Securities Ltd
8/03/2021 5:08:27 PM
Quote On Budget Reaction By Dr. Keshab Panda, L&T Technology Services Below are Quote On Budget Reaction By Dr. Keshab Panda, CEO & MD, L&T Technology Services The move to provide greater impetus to India’s manufacturing sector with outlay of almost Rs 2 trillion over the next five years is indeed a welcome move. We are hopeful, this will pave the way for enhanced adoption of digital engineering capabilities by domestic players, especially in the Industry 4.0 segment, to give them a global edge. With patents and innovations being at t...
Quote On Budget Reaction By Dr. Keshab Panda, L&T Technology Services
Quote On Budget Reaction By Dr. Keshab Panda, L&T Technology Services
Source: L and T Technology Services Ltd
2/02/2021 12:30:44 PM