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 …
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 …
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 …