News Muncher - category ltimindtree

6 days, 2 hours ago

Stocks to Watch: Ambuja Cements, LTIMindtree, VA Tech Wabag, Restaurant Brands, JSW Energy, and more

Here’s a quick look at stocks likely to be in focus in today's trade. Ambuja Cements: Adani Group's Ambuja Cements announced the amalgamation of its subsidiaries, Sanghi Industries Ltd and Penna Cement Industries Ltd, into the parent company. Restaurant Brands Asia: Restaurant Brands Asia Ltd, the Burger King franchisee in India, announced that its board will meet on December 20, …

India Energy Restaurant Brands 2024 Eesl Ltimindtree Jsw Energy

3 weeks, 4 days ago

Why IT services firms don’t offer full-year guidance but set lofty revenue goals

Live Mint

Information technology services companies including LTIMindtree Ltd, Coforge Ltd, Sonata Software Ltd, and Happiest Minds Technologies Ltd do not traditionally provide full-year revenue guidance, but that has not stopped them from setting aspirational revenue goals. India’s sixth largest information technology services provider ended March 2024 with $4.3 billion in yearly revenue, up 4.4% from the previous fiscal. “If the company’s …

Growth Services Companies Revenue Goals Investors Billion

3 weeks, 4 days ago

LTIMindtree readies recipe for $10 bn revenue, but near-term woes a spoilsport

Live Mint

LTIMindtree Ltd is bracing for the next leg of growth, but the Street is hardly excited. At its Investors Day 2024 held on Monday, the management outlined three strategic pillars to meet this aspiration: scaling verticals and mining Fortune 500 accounts, leveraging artificial intelligence and doubling or tripling revenues in key verticals. In the past 18 months, it has secured …

Revenue Margin Ltimindtree Readies

1 month ago

LIC shareholding: Life Insurance Corporation raises stake in LTIMindtree. Details here

Live Mint

LIC shareholding: Insurance behemoth and India’s largest domestic institutional investor Life Insurance Corporation of India raised stake in IT company LTIMindtree via open market purchases. In an exchange filing on Thursday, LIC said it has increased its shareholding in equity shares of LTIMindtree from 1,49,06,665 to 2,08,34,009 i.e., 5.033% to 7.034% of the paid-up capital of the company. In the …

Cent Lic Ltimindtree

1 month ago

Stocks to Watch: Adani Group stocks, Raymond, Vedanta, Hyundai Motor, SJVN and more

Live Mint

Here’s a quick look at stocks likely to be in focus in today's trade. Adani Stocks: Gautam Adani, his nephew Sagar Adani, and associates have been charged by U.S. authorities with defrauding investors and paying $265 million in bribes to Indian officials for solar energy contracts. Amid these allegations, Kenyan President William Ruto canceled deals with the Adani Group, including …

Adani Vedanta Tata Power Hyundai Motor Ltimindtree Stocks Raymond

1 month, 1 week ago

This US tech firm is now bigger than some Indian IT companies. Here's how

Live Mint

US technology services firm EPAM Systems has emerged bigger than LTIMindtree Ltd and grown faster than Tech Mahindra Ltd with a simple hack: doubling its employee strength in India. In this period, Tech Mahindra, India’s fifth-largest information technology services provider by revenue, recorded a growth rate of 0.32%, reaching a revenue of $1.6 billion at the end of July-September 2024 …

Ukraine Russia Employees Workforce Revenue End Its Workforce

5 months, 1 week ago

Q1 results today: Asian Paints, LTIMindtree, Hathway Cable & Datacom among 22 companies to announce earnings on July 17

Live Mint

Many prominent companies including Bajaj Auto, L&T Finance, and SpiceJet have announced their quarterly results for Q1 FY25 this week. Q1 results today Adarsh Plant Protect, Artson Engineering, Asian Paints, Elecon Engineering Co, Franklin Industries, Hathway Cable & Datacom, Integra Engineering India, Lotus Chocolate Co, LTIMindtree, National Standard, Parshva Enterprises, Ratnaveer Precision Engineering, Regency Fincorp, JHS Svendgaard Retail Ventures, RO …

India Crore Equity Share Earnings Today

5 months, 1 week ago

Top events of the day:Asian Paints, LTIMindtree to post Q1 results; stock markets shut for Muharram, FTA meet, and more

Live Mint

Top Events of the Day: This day promises a flurry of activity with major corporate announcements and crucial bilateral discussions. Asian Paints Ltd, LTIMindtree Ltd, Hathway Cable & Datacom Ltd, and Elecon Engineering Company Ltd are among the two dozen companies scheduled to announce their June quarter results today. Choice International Hathway Cable and Datacom Huhtamaki India Onward Technologies Tarapur …

India Samsung Stock Markets Imd Korea Q1 Results Muharram

6 months, 1 week ago

Stocks market today: Here's why shares of TCS, Wipro, Tata Tech, Patanjali Foods, and LTIMindtree are likely to be in focus

Firstpost

The GIFT Nifty index, around 8:30 am on Wednesday, was down 58 points or 0.25 per cent at 23,291. From tech companies like TCS, Tata Technologies, Wipro, and LTIMindtree, to logistics company like TVS Supply Chain, here’s a look at stocks that are expected to be in focus on Wednesday The GIFT Nifty index, around 8:30 am on Wednesday, was …

India Tech Company Stock Tata Tcs Wipro

1 year, 2 months ago

LTIMindtree share price jumps 6% post Q2 results; here’s what top brokerages say

Live Mint

LTIMindtree share price rose 5.88 per cent to close at ₹5,460 on BSE on Thursday, October 19, a day after the company reported its September quarter scorecard. LTIMindtree share price has gained about 16 per cent in the last one year against an about 11 per cent gain in the equity benchmark Sensex. LTIMindtree Q2 results LTIMindtree reported a consolidated …

Price Company Stock Cent Firm Target Eps

1 year, 3 months ago

Buy TCS, Infosys; Sell Wipro, Tech Mahindra: Goldman Sachs recommends

Live Mint

Goldman Sachs has initiated coverage on six Indian Information Technology services companies and expects the sector to see growth amid tailwinds from Generative AI and pent-up demand. While our overall sector revenue growth is in line with consensus, we see company specific divergence, and are ahead of consensus on Infosys and TCS,” Goldman Sachs said in a note. TCS is …

India Tech Yoy Margin Buy Goldman Sachs Infosys

1 year, 5 months ago

LTIMindtree Q1 results: Why are brokerages optimistic despite soft Q1 earnings?

Live Mint

LTIMindtree shares price declined almost 4 per cent in morning trade on BSE on Tuesday a day after the company reported a weaker-than-expected April-June quarter results. The brokerage firm also trimmed FY24 and FY25 EPS estimates by 2.8 per cent and 2.2 per cent, respectively, given lower growth. The brokerage firm also lowered its FY24 and FY25 PAT estimates of …

Growth Stock Cent Firm Target Yoy Strong

1 year, 5 months ago

LTIMindtree investors need to brace for slower-than-expected revival

Live Mint

IT services firm LTIMindtree Ltd disappointed investors with its June quarter results, which were a mixed bad. “This is the first quarter when BFSI revenue has declined on a sequential basis since the company started reporting its results as a merged entity," pointed out a report from Emkay Global Financial Services Ltd. As a result, LTIMindtree's revenue growth recovery has …

Growth Revenue Ltimindtree Ltim

1 year, 5 months ago

LTIMindtree Replaces HDFC On NIFTY 50, Jumps Over 1.76 Per Cent

ABP News

LTIMindtree shares rose over 1.75 per cent during intraday trade on Thursday after being included in the Nifty50 benchmark replacing HDFC. The decision to replace mortgage lender Housing Development Finance Corporation with LTIMindtree was announced on July 5. Among other indices, LIC Housing Finance would replace HDFC in Nifty Financial Services, Poonawalla Fincorp in Nifty Financial Services Ex-Bank, Phoenix Mills …

Hdfc Ltimindtree Nifty Housing

1 year, 5 months ago

IT drags Sensex below 65,400, Nifty ends 55 pts lower; Infosys, Adani Ent shed

Live Mint

Share Market Today: Sensex and the Nifty ended in the red after a sharp fall towards the end with IT stocks dragging the market, while PSU Bank sector remained steady. Share Market Noon Update: Sensex and Nifty shed marginally after remaining in green most of the session; IT sector drags with gaming cos feeling the heat of GST decision View …

India Stocks Market Horse Racing Gaming Indian Google

1 year, 5 months ago

55 stocks to trade ex-dividend from July 10-14; LTIMindtree, Titan, M&M in list

Live Mint

The trading week from July 10th to 14th will witness traffic of stocks that are scheduled to trade ex-dividend. A huge total of 55 stocks are scheduled to trade ex-dividend during the week including biggies like Lupin, Dr Reddy's, LTIMindtree, M&M, Titan Company, Hindustan Zinc, AU Small Finance Bank, and Bosch among others. Here is the list of stocks that …

India Stocks Trade Dividend Company Final Titan

1 year, 5 months ago

JSW Steel To Replace HDFC In 30-Share Sensex From July 13

ABP News

Steel major JSW Steel will replace Housing Development Finance Corporation in the 30-share S&P BSE Sensex from July 13. Asia Index Pvt Ltd is an equal partnership between S&P Dow Jones Indices LLC, the world's largest provider of financial market indices, and BSE, Asia's oldest stock exchange. In the National Stock Exchange, LTIMindtree Ltd will replace HDFC in the Nifty …

Bank Index Steel Nifty Bse Indices Hdfc Bank

1 year, 5 months ago

Stocks to Watch: HDFC, HDFC Bank, Adani Group, LTIMindtree, SBI

Live Mint

Here are the top 10 stocks that could be in focus in today's trade: HDFC/HDFC Bank: Housing Development Finance Corp. Ltd has tentatively scheduled its $40 billion mega-merger with HDFC Bank Ltd for 1 July, combining the country’s largest private sector lender with the nation’s top mortgage lender. LTIMindtree: The delisting of the country's largest mortgage lender Housing Development Finance …

India Bank Crore Limited Hdfc Bank Adani Hdfc

1 year, 6 months ago

IT sector Q4 review: Mixed numbers, cautious outlook; what’s the road ahead?

Live Mint

On expected lines, the January-March quarter numbers of Indian IT companies came on the softer side with signs of stress due to the economic slowdown in the key markets including the US and Europe. Mixed numbers As Mint reported earlier, both Infosys and TCS, which together comprise 11 per cent of the Nifty 50 index weightage, missed analysts' estimates in …

Europe Tech Indian Revenue Profit Decline Sector

1 year, 7 months ago

IT stock LTI Mindtree declares ₹40 per share dividend, revenue up 21% YoY in Q4

Live Mint

Large-cap IT stock LTIMindtree recorded a market cap of ₹1,30,732.96 Cr during Friday's closing session. The company’s gross profit was ₹2,598.70 Cr during the quarter ended March 2023, up by 16.1% YoY from ₹2,238 Cr during the year-ago quarter. LTIMindtree said its EBITDA was Rs 1603.7 Cr up by 10.5% YoY from Rs 1451 Cr in the year-ago quarter. During …

Quarter Yoy Usd Lti Ltimindtree Mindtree

1 year, 7 months ago

LTIMindtree shares rise over 1% ahead of Q4FY23 numbers

Live Mint

Shares of LTIMindtree rose over a per cent in early trade on BSE on Thursday ahead of the company's January-March quarter result of the financial year 2022-23. Brokerage firm Axis Securities expects LTIMindtree to report a 23.7 per cent year-on-year and 3.3 per cent quarter-on-quarter rise in the IT firm's revenue driven by the large deal ramp-up. As per the …

Cent Bse Firm Deal Yoy Expect Kotak

2 years, 1 month ago

LTIMindtree starts operating as merged entity

Deccan Chronicle

Mumbai: Larsen & Toubro Infotech and Mindtree, two listed IT companies, announced their merger as one company, "LTIMindtree" effective from Monday, after approval received from National Company Law Tribunal, making the merged entity the fifth largest domestic IT consulting company in terms of market capitalisation. As part of the merger, all shareholders of Mindtree will be issued shares of LTI …

Lti Ltimindtree Mindtree Merged Entity

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Articles for Ltimindtree

Stocks to Watch: Ambuja Cements, LTIMindtree, VA Tech Wabag, Restaurant Brands, JSW Energy, and more

Why IT services firms don’t offer full-year guidance but set lofty revenue goals

LTIMindtree readies recipe for $10 bn revenue, but near-term woes a spoilsport

LIC shareholding: Life Insurance Corporation raises stake in LTIMindtree. Details here

Stocks to Watch: Adani Group stocks, Raymond, Vedanta, Hyundai Motor, SJVN and more

This US tech firm is now bigger than some Indian IT companies. Here's how

Q1 results today: Asian Paints, LTIMindtree, Hathway Cable & Datacom among 22 companies to announce earnings on July 17

Top events of the day:Asian Paints, LTIMindtree to post Q1 results; stock markets shut for Muharram, FTA meet, and more

Stocks market today: Here's why shares of TCS, Wipro, Tata Tech, Patanjali Foods, and LTIMindtree are likely to be in focus

LTIMindtree share price jumps 6% post Q2 results; here’s what top brokerages say

Buy TCS, Infosys; Sell Wipro, Tech Mahindra: Goldman Sachs recommends

LTIMindtree Q1 results: Why are brokerages optimistic despite soft Q1 earnings?

LTIMindtree investors need to brace for slower-than-expected revival

LTIMindtree Replaces HDFC On NIFTY 50, Jumps Over 1.76 Per Cent

IT drags Sensex below 65,400, Nifty ends 55 pts lower; Infosys, Adani Ent shed

55 stocks to trade ex-dividend from July 10-14; LTIMindtree, Titan, M&M in list

JSW Steel To Replace HDFC In 30-Share Sensex From July 13

Stocks to Watch: HDFC, HDFC Bank, Adani Group, LTIMindtree, SBI

IT sector Q4 review: Mixed numbers, cautious outlook; what’s the road ahead?

IT stock LTI Mindtree declares ₹40 per share dividend, revenue up 21% YoY in Q4

LTIMindtree shares rise over 1% ahead of Q4FY23 numbers

LTIMindtree starts operating as merged entity