₹4634.7
0.93%
Low
Day's Volatility:2.08%
High
1.14%
10.39%
Low
52 Weeks Volatility:49.39%
High
38.99%
Returns % | |
1 Month Return | -4.99 % |
3 Month Return | -13.97 % |
1 Year Return | 12.91 % |
Market Stats | |
Previous Close | ₹4,726.80 |
Open | ₹4,659.95 |
Volume | 14.95L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹1,39,990.50Cr |
based on 36 analysts
Based on 36 analysts offering long term price targets for LTIMindtree Ltd. An average target of ₹5450.14
Source: S&P Global Market Intelligence
Organisation | LTIMindtree Ltd |
Headquarters | Mumbai |
Industry | IT - Software |
E-voting on shares | Click here to vote |
Key events for LTIMindtree Ltd
LTI Mindtree's Q4 revenue increased by 2.32%, but profit decreased by 1.24% YoY. The consensus recommendation as of 26 Apr, 2024 was to Hold.
LTIMindtree Shares Slip After Weak Q4 Earnings Report - 25 Apr, 2024
LTIMindtree's Q4 revenue missed estimates, leading to global brokerages cutting their target prices. Nomura reiterated its 'Reduce' rating with a TP of INR 4,170. Despite management indicating a return to growth path from April, valuations remain rich. We retain REDUCE with a TP of Rs5,000/share.
LTIMindtree Reports Drop in Quarterly Revenue - 24 Apr, 2024
India's sixth-largest IT services firm, LTIMindtree Ltd, reported a decline in quarterly revenue for the first time since its inception, with full-year revenue up by 4.4% YoY.
LTIMindtree Q4 Revenue Expected to Decline Slightly - 23 Apr, 2024
LTIMindtree Ltd is expected to report a marginal decrease in revenue for the January-March quarter due to extended furloughs and rampdowns. Net profit is forecasted to decrease by 2.2% QoQ to Rs 1,143.1 crores.
Challenges Threaten Integration Process for LTIMindtree - 19 Apr, 2024
LTIMindtree is facing headwinds in its integration process due to senior level exits, lack of revenue synergy, and insider selling. The stock is under pressure with concerns about integration-related challenges following the merger process.
LTIMindtree Collaborates with Vodafone for IoT Solutions; Target Price Slashed by Macquarie - 18 Apr, 2024
LTIMindtree has partnered with Vodafone to provide IoT solutions. However, Macquarie has slashed the company's target price to Rs 6,250 from Rs 7,050 due to merger synergies hitting a rough patch.
Foreign Portfolio Investors Sell Indian Stocks, Bearish Bets Build Up on LTI Mindtree - 17 Apr, 2024
Foreign portfolio investors sold Indian stocks worth ₹4,468 crore while domestic counterparts bought shares worth ₹2,040 crore. There was a fresh build-up of bearish derivative bets in LTI Mindtree, Infosys, Mphasis, Wipro and Info Edge.
Senior Executives Resign from LTIMindtree Amid Stock Slump - 16 Apr, 2024
LTIMindtree witnesses a spate of senior-level exits, including two executive vice presidents, causing the stock to slump 25% year-to-date. Meanwhile, GameDriver partners with LTIMindtree to offer automated testing solutions through its AI-driven software delivery acceleration platform.
LTIMindtree Introduces Composable Storefront Solution - 10 Apr, 2024
LTIMindtree has introduced Composable Storefront Quick Launch, a cohesive solution for composable storefront built on Salesforce Commerce Cloud that enables retailers to create customized shopping experiences and increase business growth.
LTIMindtree Management Change Potential Concern - 08 Apr, 2024
The potential management change at LTIMindtree is a concern for investors as CEO Debashis Chatterjee would be close to 60 years of age when his term ends in 2025. The company's senior management discussed the issue during their annual strategy meeting.
LTIMindtree Partners with Aforza for Digital Transformation - 05 Apr, 2024
LTIMindtree has announced a strategic partnership with Aforza to deliver digital transformation in Customer relationship management (CRM) & Trade promotion management (TPM) across the consumer products industry. The partnership aims to empower businesses to grow profitably and safeguard margins through comprehensive omnichannel pricing control.
LTIMindtree Partners with Aforza for Training Academy - 04 Apr, 2024
LTIMindtree has partnered with Aforza to establish a training academy for the Consumer Products industry. The partnership aims to support front-office operations, enhance planning capabilities, boost field productivity, and increase distribution. However, JP Morgan expects negative leverage for LTIMindtree.
LTIMindtree Ltd's Conservative Balance Sheet and Positive EBIT Growth - 01 Apr, 2024
LTIMindtree Ltd has a conservative balance sheet, with more cash than debt, indicating it can manage its debt safely. The company grew its EBIT by 72% over the last twelve months, making it easier to handle its debt. Additionally, LTIMindtree recorded free cash flow worth 63% of its EBIT over the most recent three years, which means it can reduce its debt when it wants to.
Fundamentals of LTIMindtree Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Retail Holding Up
Retail Investor have increased holdings from 9.78% to 9.95% in Mar 2024 quarter
Revenue Rich
Revenue is up for the last 4 quarters, 8.75K Cr → 9.23K Cr (in ₹), with an average increase of 1.8% per quarter
Profit Spike
Netprofit is up for the last 5 quarters, 1.00K Cr → 1.16K Cr (in ₹), with an average increase of 3.7% per quarter
Against Peers
In the last 3 years, HCL Technologies Ltd has given 59.3% return, outperforming this stock by 39.1%
Against Peers
In the last 1 year, HCL Technologies Ltd has given 40.4% return, outperforming this stock by 27.5%
Promoter Holding Down
Promoters have decreased holdings from 68.64% to 68.60% in Mar 2024 quarter
FII Holding Down
Foreign Institutions have decreased holdings from 8.65% to 7.86% in Mar 2024 quarter
Price Dip
In the last 1 month, LTIM stock has moved down by -5.0%
MF Holding Down
Mutual Funds have decreased holdings from 7.06% to 6.22% in Mar 2024 quarter
LTIMindtree Ltd in the last 5 years
Lowest (15.25x)
March 23, 2020
Today (30.53x)
April 24, 2024
Industry (33.45x)
April 24, 2024
Highest (61.22x)
November 17, 2021
Funds | Holdings |
UTI Flexi Cap Fund - Growth Option - Direct | 4.65% |
Tata Digital India Fund Direct Growth | 6.04% |
ICICI Prudential Technology Fund Direct Plan Growth | 4.76% |
Mirae Asset Large Cap Fund Direct Plan Growth | 0.91% |
Aditya Birla Sun Life Digital India Fund Direct Plan Growth | 6.71% |
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 68.6% | 0.00 | |
Foreign Institutions | 7.86% | 0.00 | |
Mutual Funds | 6.22% | 0.00 | |
Retail Investors | 9.95% | 0.00 | |
Others | 7.37% | 0.00 |
Technicals of LTIMindtree Ltd share
News & Events of LTIMindtree Ltd
LTIMindtree Ltd (LTIM) share price today is ₹4634.7
LTIMindtree Ltd is listed on NSE
LTIMindtree Ltd is listed on BSE
PE Ratio of LTIMindtree Ltd is 30.53
PE ratio = LTIMindtree Ltd Market price per share / LTIMindtree Ltd Earnings per share
Today’s traded volume of LTIMindtree Ltd(LTIM) is 14.95L.
Today’s market capitalisation of LTIMindtree Ltd(LTIM) is ₹139990.5Cr.
LTIMindtree Ltd(LTIM | Price |
---|---|
52 Week High | ₹6442 |
52 Week Low | ₹4153.05 |
LTIMindtree Ltd(LTIM) share price is ₹4634.7. It is down -28.05% from its 52 Week High price of ₹6442
LTIMindtree Ltd(LTIM) share price is ₹4634.7. It is up 11.60% from its 52 Week Low price of ₹4153.05
LTIMindtree Ltd(LTIM | Returns |
---|---|
1 Day Returns | -92.1% |
1 Month Returns | -4.99% |
3 Month Returns | -13.97% |
1 Year Returns | 12.91% |