Powered by: Motilal Oswal

News

L&T Technology rises on securing $50 million deal from leading global network solutions firm L&T Technology Services is currently trading at Rs. 5377.15, up by 63.20 points or 1.19% from its previous closing of Rs. 5313.95 on the BSE. The scrip opened at Rs. 5359.80 and has touched a high and low of Rs. 5379.50 and Rs. 5329.05 respectively. So far 34 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5990.00 on 29-Aug-2024 and a 52 week low of Rs. 4228.00 on 04-Jun-2024. Last one week high and low of t...
L&T Technology rises on securing $50 million deal from leading global network solutions firm
L&T Technology rises on securing $50 million deal from leading global network solutions firm
Source: Accord Fintech
2024-12-04 10:00:02 am
L&T Technology Services zooms as the company to acquire 100% shares of Intelliswift Software (India) L&T Technology Services is currently trading at Rs. 5365.20, up by 257.85 points or 5.05% from its previous closing of Rs. 5107.35 on the BSE. The scrip opened at Rs. 5181.00 and has touched a high and low of Rs. 5370.00 and Rs. 5166.45 respectively. So far 4684 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5990.00 on 29-Aug-2024 and a 52 week low of Rs. 4228.00 on 04-Jun-2024. Last one week high and low o...
L&T Technology Services zooms as the company to acquire 100% shares of Intelliswift Software (India)
L&T Technology Services zooms as the company to acquire 100% shares of Intelliswift Software (India)
Source: Accord Fintech
2024-11-12 02:53:54 pm
Buy L&T Technology Services Ltd For Target Rs. 5,862 By Choice Broking Ltd LTTS reported Q2FY25 revenues at $306.7mn, up 3.4% QoQ and 6.3% YoY in CC terms led by broad-based performance across all 3 segments. In USD terms, it was up 3.9% QoQ and 6.5% YoY whereas in INR terms, revenue came at INR25,729mn, up 4.5% QoQ and 7.8% YoY. During the quarter, LTTS won two USD20mn deals, four USD10mn TCV deals and two significant empanelment agreements in Sustainability. PAT for the quarter came at INR3,196mn, up 1.9% QoQ and 1.3% YoY with EPS at INR30.2. *  LTTS repor...
Buy L&T Technology Services Ltd For Target Rs. 5,862 By Choice Broking Ltd
Buy L&T Technology Services Ltd For Target Rs. 5,862 By Choice Broking Ltd
Source: Choice Broking Ltd
2024-10-22 03:02:55 pm
Reduce L&T Technology Services Ltd For Target Rs. 5,115 By Centrum Broking Ltd L&T Technology reported mixed performance for the quarter. While, revenue was inline; EBIT margin was below expectation. It reported revenue of Rs 25.7bn, up 4.5% QoQ in INR terms, up 3.9% QoQ in USD terms. Segment-wise, Mobility grew by 4.8% QoQ, Sustainability grew by 6.5% QoQ; while Tech vertical grew by 0.8% QoQ. EBIT margin declined by 51 bps QoQ to 15.1%, led by higher other expenses (up 8.4% QoQ). During the quarter, it won two $20mn and four $10mn TCV deals. Headcount increased by...
Reduce L&T Technology Services Ltd For Target Rs. 5,115 By Centrum Broking Ltd
Reduce L&T Technology Services Ltd For Target Rs. 5,115 By Centrum Broking Ltd
Source: Centrum Broking Ltd
2024-10-21 05:38:05 pm
Buy L&T Technology Services Ltd For Target Rs. 6,400 By Motilal Oswal Financial Services Ltd Guidance demands flawless execution in 2H Revenue largely in line, but margins miss the mark * L&T Technology (LTTS)’s 2QFY25 revenue was up 3.9% QoQ /6.5% YoY in USD terms vs. our estimate of ~4.1% QoQ growth. In CC terms, revenue was up 3.4% QoQ/6.3% YoY). Growth was led by the Sustainability vertical (up 6.5% QoQ), followed by the Mobility vertical with 4.8% QoQ growth. EBIT was up 1.1% QoQ but down 4.9% YoY at INR3.8b (est. INR4.2b). PAT stood at INR3.1b (est. INR3.5b...
Buy L&T Technology Services Ltd For Target Rs. 6,400 By Motilal Oswal Financial Services Ltd
Buy L&T Technology Services Ltd For Target Rs. 6,400 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd Ltd
2024-10-19 09:31:58 am
L&T Technology Services net profit rises to Rs 320 crore in Q2 IT major L&T Technology Services Ltd reported a net profit of Rs 320 crore in the July-September quarter of FY 2024-25 on Wednesday, up 2 per cent in comparison to Rs 314 crore in the previous quarter.   According to the exchange filing by L&T Technology Services (LTTS), revenue during the second quarter of the financial year (FY) 2024-25 rose 4.5 per cent to Rs 2,573 crore from Rs 2,462 crore in the April-July quarter of this fiscal. The company reported USD revenue at...
L&T Technology Services net profit rises to Rs 320 crore in Q2
L&T Technology Services net profit rises to Rs 320 crore in Q2
Source: IANS
2024-10-17 09:17:19 am
L&T Technology Services trades higher on the BSE L&T Technology Services is currently trading at Rs. 5460.00, up by 27.35 points or 0.50% from its previous closing of Rs. 5432.65 on the BSE. The scrip opened at Rs. 5473.95 and has touched a high and low of Rs. 5479.00 and Rs. 5413.00 respectively. So far 1655 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5990.00 on 29-Aug-2024 and a 52 week low of Rs. 4107.20 on 26-Oct-2023. Last one week high and low of...
L&T Technology Services trades higher on the BSE
L&T Technology Services trades higher on the BSE
Source: Accord Fintech
2024-09-26 04:42:48 pm
Thales and L&T Technology Services expand collaboration to provide innovative business models to customers Thales, a leading global technology and security provider, has announced a new contract with engineering and R&D firm L&T Technology Services Limited (LTTS). This partnership will bring Thales’s software monetization platform, Thales Sentinel, to LTTS’ customer base, especially in the Hi-tech, Sustainability and Mobility segments.  With over two decades of experience in deploying intelligent digital solutions, LTTS leads in optimizing enterprise operation...
Thales and L&T Technology Services expand collaboration to provide innovative business models to customers
Thales and L&T Technology Services expand collaboration to provide innovative business models to customers
Source: PR Agency
2024-08-23 10:51:17 am
LTTS gains on signing framework agreement with Shell L&T Technology Services is currently trading at Rs. 4848.25, up by 8.30 points or 0.17% from its previous closing of Rs. 4839.95 on the BSE. The scrip opened at Rs. 4865.40 and has touched a high and low of Rs. 4865.40 and Rs. 4813.00 respectively. So far 293 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5884.95 on 08-Apr-2024 and a 52 week low of Rs. 4107.20 on 26-Oct-2023. Last one week high and low of t...
LTTS gains on signing framework agreement with Shell
LTTS gains on signing framework agreement with Shell
Source: Accord Fintech
2024-08-13 10:02:25 am
Buy L&T Technology Services Ltd For Target Rs.5,380 By Choice Broking Ltd LTTS has reported Q1FY25 revenues at $295.2mn, down 3.1% QoQ and up 6.1% YoY in CC terms as guided last quarter and due to SWC seasonality. In USD terms, it was down 3.3% QoQ and up 5.4% YoY whereas in INR terms, revenue came at INR24,619mn, down 3.0% QoQ and up 7.0% YoY. During the quarter, LTTS won two USD30mn deals, two USD15mn deals and three deals with TCV of USD10mn. PAT for the quarter came at INR3,136mn, up 0.8% YoY with EPS at INR29.6. * Mobility grew 6% sequentially and is now a ...
Buy L&T Technology Services Ltd For Target Rs.5,380 By Choice Broking Ltd
Buy L&T Technology Services Ltd For Target Rs.5,380 By Choice Broking Ltd
Source: Choice Broking Ltd
2024-08-05 01:36:00 pm
Buy L&T Technology Ltd For Target Rs. 5,950 By Motilal Oswal Financial Services Seasonal headwinds play spoilsport; guidance retained Revenues and margins miss estimates on seasonal decline in SWC * L&T Technology’s (LTTS) 1QFY25 revenue was down 3.1% QoQ /up 6.1% YoY in CC vs. our estimate of a 0.5% QoQ drop. In USD terms, revenue came in at USD295m (down 3.3% QoQ/up 5.4% YoY). The revenue decline was due to its restated Hi-tech vertical (down 11.6% QoQ). EBITDA was down 9.3% QoQ but flat YoY at INR4.5b (est. INR4.8b). PAT came in at INR3.1b (est. INR3.3...
Buy L&T Technology Ltd For Target Rs. 5,950 By Motilal Oswal Financial Services
Buy L&T Technology Ltd For Target Rs. 5,950 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd Ltd
2024-07-29 03:41:24 pm
Fundamental Stock Pick:- L&T Technology Services Ltd by Nirmal Bang Ltd LTTS is an engineering R&D (ER&D) services provider. It offers consultancy, design, development and testing services across the product development life cycle. It primarily operates in three segments: i) Mobility (automotive, commercial vehicles, aerospace), ii) Sustainability (Tech, FMCG, Oil and Gas), and iii) Hi-Tech (Semi-conductors, consumer electronics). LTTS reported its Q1FY25 results recently and the revenues were down 3.1% CC QoQ. This was below market expectations. 1st Q...
Fundamental Stock Pick:- L&T Technology Services Ltd by Nirmal Bang Ltd
Fundamental Stock Pick:- L&T Technology Services Ltd by Nirmal Bang Ltd
Source: Nirmal Bang Ltd.
2024-07-26 04:18:52 pm
Reduce L&T Technology Services Ltd For Target Rs. 4,750 By Emkay Global Financial Services Weak Q1; FY25 growth guidance implies tough ask rate LTTS reported a weak operating performance in Q1. Revenue fell 3.2% QoQ to US$295.2mn (-3.1% CC), impacted by SWC seasonality, and missing our estimate. EBITM declined by 130bps QoQ to 15.6%, also coming in lower than our estimate. The company won 2 US$30mn and US$15mn deals each, 3 US$10mn deals, and one empanelment. The mgmt expects both, the revenue and margin trajectories, to gradually improve over coming 3 quarters, with H2 being be...
Reduce L&T Technology Services Ltd For Target Rs. 4,750 By Emkay Global Financial Services
Reduce L&T Technology Services Ltd For Target Rs. 4,750 By Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
2024-07-21 12:58:18 pm
L&T Technology Services gains on reporting rise in Q1 consolidated net profit L&T Technology Services is currently trading at Rs. 4887.55, up by 42.35 points or 0.87% from its previous closing of Rs. 4845.20 on the BSE. The scrip opened at Rs. 4786.00 and has touched a high and low of Rs. 4974.90 and Rs. 4747.40 respectively. So far 17512 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5884.95 on 08-Apr-2024 and a 52 week low of Rs. 3910.00 on 27-Jul-2023. Last one week high and low o...
L&T Technology Services gains on reporting rise in Q1 consolidated net profit
L&T Technology Services gains on reporting rise in Q1 consolidated net profit
Source: Accord Fintech
2024-07-19 03:44:46 pm
L&T Technology Services reports net profit growth, revenue up 7 pc L&T Technology Services Ltd (LTTS) on Thursday reported a net profit of Rs 314 crore for the first quarter of the current fiscal (FY25) ended June 30, marking a nearly 1 per cent year-on-year growth.  The engineering services company posted revenues at Rs 2,462 crore, a 7 per cent growth YoY. During the quarter, LTTS won two $30 million deals, two $15 million deals, and three deals with a total contract value (TCV) of $10 million. Amit Chadha, CEO and Managing Director, L&am...
L&T Technology Services reports net profit growth, revenue up 7 pc
L&T Technology Services reports net profit growth, revenue up 7 pc
Source: IANS
2024-07-18 05:24:02 pm
L&T Technology Services gains on inaugurating Simulation Centre of Excellence for Airbus L&T Technology Services is currently trading at Rs. 4612.20, up by 22.05 points or 0.48% from its previous closing of Rs. 4590.15 on the BSE. The scrip opened at Rs. 4629.85 and has touched a high and low of Rs. 4629.85 and Rs. 4566.45 respectively. So far 728 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5884.95 on 08-Apr-2024 and a 52 week low of Rs. 3744.10 on 25-May-2023. Last one week high and low of ...
L&T Technology Services gains on inaugurating Simulation Centre of Excellence for Airbus
L&T Technology Services gains on inaugurating Simulation Centre of Excellence for Airbus
Source: Accord Fintech
2024-05-23 09:40:56 am
L&T Technology Services bags Rs 800 crore cybersecurity programme in Maharashtra L&T Technology Services Limited (LTTS) on Friday announced that it has won a first-of-its-kind cybersecurity programme in India worth around $100 million (about Rs 800 crore) from the Maharashtra state cyber department. LTTS said that it will establish an artificial intelligence (AI) and machine learning (ML)-driven cybersecurity and digital threat analytics centre in the state, enhancing citizen cyber safety and awareness. "It is an opportunity to leverage our experience in se...
L&T Technology Services bags Rs 800 crore cybersecurity programme in Maharashtra
L&T Technology Services bags Rs 800 crore cybersecurity programme in Maharashtra
Source: Accord Fintech
2024-03-15 10:16:19 am
Buy L&T Technology Ltd For Traget Rs.6,220 - Motilal Oswal Strong deal wins and commentary indicate good FY25 In-line 3Q performance * L&T Technology (LTTS) posted revenue of USD291m in 3QFY24, up 0.9% QoQ CC and slightly below our estimate. Revenue performance was broad based, led by Medical Devices (+2.4% QoQ). Despite 3Q seasonality, dealsigning was strong, as LTTS signed six large deals with USD10m+ TCV. The management maintained its FY24 revenue growth guidance at 17.5-18.5%, which implies a strong exit to FY24 (+4.0-7.0% QoQ CC), aide...
Buy L&T Technology Ltd For Traget Rs.6,220 - Motilal Oswal
Buy L&T Technology Ltd For Traget Rs.6,220 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
2024-01-30 12:54:11 pm
Buy L&T Technology Services Ltd For Target Rs.6,220 - Motilal Oswal Financial Services Ltd Strong deal wins and commentary indicate good FY25 In-line 3Q performance * L&T Technology (LTTS) posted revenue of USD291m in 3QFY24, up 0.9% QoQ CC and slightly below our estimate. Revenue performance was broad based, led by Medical Devices (+2.4% QoQ). Despite 3Q seasonality, dealsigning was strong, as LTTS signed six large deals with USD10m+ TCV. The management maintained its FY24 revenue growth guidance at 17.5-18.5%, which implies a strong exit to FY24 (+4.0-7.0% QoQ CC), aide...
Buy L&T Technology Services Ltd For Target Rs.6,220 - Motilal Oswal Financial Services Ltd
Buy L&T Technology Services Ltd For Target Rs.6,220 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-01-26 09:57:16 am
Buy L&T Technology Services Ltd Target Rs.6,220 - Motilal Oswal Financial Services Ltd Strong deal wins and commentary indicate good FY25 In-line 3Q performance * L&T Technology (LTTS) posted revenue of USD291m in 3QFY24, up 0.9% QoQ CC and slightly below our estimate. Revenue performance was broad based, led by Medical Devices (+2.4% QoQ). Despite 3Q seasonality, dealsigning was strong, as LTTS signed six large deals with USD10m+ TCV. The management maintained its FY24 revenue growth guidance at 17.5-18.5%, which implies a strong exit to FY24 (+4.0-7.0% QoQ CC), aid...
Buy L&T Technology Services Ltd Target Rs.6,220 - Motilal Oswal Financial Services Ltd
Buy L&T Technology Services Ltd Target Rs.6,220 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-01-24 11:33:06 am
Neutral L&T Technology Services Ltd for Target Rs.5,447 - Yes Securities Ltd Inline operating performance; Reaffirmed FY24 revenue growth guidance to 17.5%-18.5% in cc Result Synopsis L&T Technology Services (LTTS) reported broadly inline financial performance for the quarter. Both, the sequential revenue growth and EBIT margin were as per expectation. It reported revenue growth of 0.9% QoQ in USD terms. The cc revenue growth was 0.9% QoQ in cc terms. There was sequential increase in EBIT margin (up 11 bps QoQ) to 17.2%. led by positive operating efficiency....
Neutral L&T Technology Services Ltd for Target Rs.5,447 - Yes Securities Ltd
Neutral L&T Technology Services Ltd for Target Rs.5,447 - Yes Securities Ltd
Source: Yes Securities Ltd
2024-01-19 10:33:32 am
L&T Technology Services soars on reporting 13% rise in Q3 consolidated net profit L&T Technology Services is currently trading at Rs. 5511.20, up by 161.50 points or 3.02% from its previous closing of Rs. 5349.70 on the BSE. The scrip opened at Rs. 5325.05 and has touched a high and low of Rs. 5545.65 and Rs. 5325.05 respectively. So far 9668 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5567.85 on 15-Jan-2024 and a 52 week low of Rs. 3218.00 on 20-Jan-2023. Last one week high and low o...
L&T Technology Services soars on reporting 13% rise in Q3 consolidated net profit
L&T Technology Services soars on reporting 13% rise in Q3 consolidated net profit
Source: Accord Fintech
2024-01-17 10:45:07 am
L&T Technology Services moves up on signing multi-year engineering services partnership with bp L&T Technology Services is currently trading at Rs. 4980.60, up by 37.70 points or 0.76% from its previous closing of Rs. 4942.90 on the BSE. The scrip opened at Rs. 4976.85 and has touched a high and low of Rs. 4990.00 and Rs. 4957.05 respectively. So far 628 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5014.65 on 11-Dec-2023 and a 52 week low of Rs. 3218.00 on 20-Jan-2023. Last one week high and low of ...
L&T Technology Services moves up on signing multi-year engineering services partnership with bp
L&T Technology Services moves up on signing multi-year engineering services partnership with bp
Source: Accord Fintech
2023-12-12 09:51:36 am
L&T Technology Services gains on collaborating with Google Cloud L&T Technology Services is currently trading at Rs. 4279.00, up by 18.20 points or 0.43% from its previous closing of Rs. 4260.80 on the BSE. The scrip opened at Rs. 4271.05 and has touched a high and low of Rs. 4289.45 and Rs. 4258.00 respectively. So far 1163 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4859.75 on 11-Oct-2023 and a 52 week low of Rs. 3218.00 on 20-Jan-2023. Last one week high and low of...
L&T Technology Services gains on collaborating with Google Cloud
L&T Technology Services gains on collaborating with Google Cloud
Source: Accord Fintech
2023-11-07 11:07:41 am
Neutral L&T Technology Services Ltd For Target Rs. 4,689 - Yes Securities Result Synopsis L&T Technology Services (LTTS) reported broadly inline financial performance for the quarter. Both, the sequential revenue growth and EBIT margin were as per expectation. It reported revenue growth of 2.9% QoQ in USD terms. The cc revenue growth was 3.2% QoQ in cc terms. There was sequential decline in EBIT margin(down 11 bps QoQ) to 17.1%. led by impact of wage hike in the quarter. Employee attrition continues to decline as LTM attrition decreased by 220 bps QoQ to ...
Neutral L&T Technology Services Ltd For Target Rs. 4,689 - Yes Securities
Neutral L&T Technology Services Ltd For Target Rs. 4,689 - Yes Securities
Source: Yes Securities Ltd
2023-10-18 03:28:23 pm
Add L&T Technology Services Ltd For Target Rs.5,210 - Motilal Oswal Financial Services Deal wins to drive growth; keeps near-term caution In-line performance; SWC drives gradual recovery to Telecom* L&T Technology (LTTS) posted in-line revenue of USD288m in 2QFY24, up 3.2% QoQ CC (incl. SWC). Growth was driven by Transportation and Plant Engineering verticals, with 4.4% and 3.8% QoQ growth, respectively. Despite in-line revenue, LTTS management has cut its FY24 revenue growth guidance to 17.5-18.5% vs. 20% YoY earlier. The guidance revision was due to an elongated Uni...
Add L&T Technology Services Ltd For Target Rs.5,210 - Motilal Oswal Financial Services
Add L&T Technology Services Ltd For Target Rs.5,210 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2023-10-18 12:58:19 pm