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Articles for Ltimindtree, search results for firms

Why IT services firms don’t offer full-year guidance but set lofty revenue goals
3 weeks, 5 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
LTIMindtree share price jumps 6% post Q2 results; here’s what top brokerages say
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
LTIMindtree Q1 results: Why are brokerages optimistic despite soft Q1 earnings?
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
IT sector Q4 review: Mixed numbers, cautious outlook; what’s the road ahead?
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