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LTIMindtree Ltd (LTIM)

₹5125.451.44%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Insights on LTIMindtree Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 9.78% to 9.95% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, HCL Technologies Ltd has given 47.7% return, outperforming this stock by 23.0%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Wipro Ltd has given 28.3% return, outperforming this stock by 26.3%

  • imgNEGATIVE IMPACT

    Price Dip

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    In the last 6 months, LTIM stock has moved down by -17.7%

  • imgNEGATIVE IMPACT

    MF Holding Down

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    Mutual Funds have decreased holdings from 7.06% to 6.22% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

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    Foreign Institutions have decreased holdings from 8.65% to 7.86% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

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    Revenue is down for the last 2 quarters, 9.23K Cr → 9.10K Cr (in ₹), with an average decrease of 1.5% per quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

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    Promoters have decreased holdings from 68.64% to 68.60% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 1.16K Cr → 1.09K Cr (in ₹), with an average decrease of 5.9% per quarter

Performance

  • Day's Low

    Day's High

    ₹5,110.6
    ₹5,273.85
  • 52 Week's Low

    52 Week's High

    ₹4,513.55
    ₹6,442
1 Month Return+ 7.32 %
3 Month Return+ 2.41 %
1 Year Return+ 1.98 %
Previous Close₹5,052.45
Open₹5,200.00
Volume14.18L
Upper Circuit-
Lower Circuit-
Market Cap₹1,49,635.06Cr

Analyst Rating

based on 38 analysts

HOLD
34.21%
Buy
31.58%
Hold
34.21%
Sell

Based on 38 analysts offering long term price targets for LTIMindtree Ltd. An average target of ₹5005.39

Source: S&P Global Market Intelligence

Company Information

LTI Mindtree Ltd is an Indian multinational IT services and consulting company that was incorporated in 1999. It is headquartered in Bengaluru, India and offers a wide range of services and solutions that include digital transformation, enterprise applications, cloud computing, product engineering, and more.

LTI Mindtree Ltd has operations in more than 20 countries and has over 21,000 employees. Their top products include enterprise applications, cloud services, analytics, mobility, and digital transformation. Their popular brands include Mindtree Kaleidoscope, Mindtree Consulting, and Mindtree Services.

The company provides services to various industries such as banking, financial services, insurance, manufacturing, media, entertainment, retail, travel, transportation, and hospitality.

Share Price: ₹5125.45 per share as on 21 Jun, 2024 04:01 PM
Market Capitalisation: ₹1,49,635.06Cr as of today
Revenue: ₹8,892.90Cr as on March 2024 (Q1 24)
Net Profit: ₹1,100.70Cr as on March 2024 (Q1 24)
Listing date: 21 Jul, 2016
Chairperson Name: S N Subrahmanyan
OrganisationLTIMindtree Ltd
HeadquartersMumbai
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for LTIMindtree Ltd

  • LTIMindtree Stock Turns Bullish After Finding Support - 22 Jun, 2024

    The LTIMindtree stock has turned bullish after finding support at ₹4,600, with the RSI and MACD signaling positive signs. While there is resistance at ₹5,250, analysts expect the stock to surpass this level and reach ₹6,300 in the coming months.

  • LTIMindtree Trades Ex-Dividend; Declares Final Dividend of Rs 45 Per Share - 19 Jun, 2024

    LTIMindtree Ltd's shares trade ex-dividend for a final dividend of Rs 45 per share. The IT services company reported a consolidated net profit of Rs 1,100 crore in Q4 of FY24. The stock has fallen 19.46% this year.

  • LTIMindtree Declares Final Dividend - 15 Jun, 2024

    LTIMindtree Ltd has declared a final dividend of Rs 45 per equity share, representing a 4500% payout over the face value. The dividends Record Date is June 19, 2024.

  • LTIMindtree Stock Up Amidst CEO Succession News - 13 Jun, 2024

    LTIMindtree's stock has risen by 1.71% on the NSE and added around 8.66% in the last month. Nachiket Deshpande is expected to take over as CEO from Debashis Chatterjee.

  • LTIMindtree Expands to Saudi Arabia; Nifty IT Index Up - 12 Jun, 2024

    LTIMindtree expands to Saudi Arabia with the inauguration of its regional headquarters in Riyadh, while Nifty IT index sees gains with LTIMindtree and Tech Mahindra leading the way.

  • LTIMindtree CEO Sees 10% Increase in Annual Compensation - 07 Jun, 2024

    Debashis Chatterjee, the CEO of LTIMindtree Ltd, saw a 10% increase in his total annual compensation at Rs19.34 crore for the last fiscal year. His fixed pay amounted to Rs9.33 crore, while variable compensation was at Rs9.9 crore.

  • LTIMindtree Clients Plan to Invest in GenAI - 06 Jun, 2024

    According to COO Nachiket Deshpande, an overwhelming majority of LTIMindtree's clientele are planning to invest in Generative AI (GenAI) within the next 12 to 18 months. The company is currently involved in over 140 GenAI projects.

  • LTIMindtree Expands Partnership with SAP - 05 Jun, 2024

    LTIMindtree has expanded its strategic partnership with SAP to offer streamlined solutions that enhance efficiency and reduce costs in complex manufacturing industries. The company reported a 1.2% YoY decline in net profit during Q4 FY24, but saw a 4% YoY rise in net profit for the full year ending March 31, 2024. Shares of LTIMindtree have declined by nearly 24% since the beginning of the year.

  • Emkay Global predicts IT stocks earnings downgrade may bottom out in H1FY25 - 28 May, 2024

    Emkay Global has stated that the recent correction in IT stocks have made valuations more reasonable, and its preference is for large caps such as Infosys Ltd, HCL Technologies Ltd and Wipro Ltd over midcaps. It added that if current expectations on interest rate cuts materialise, IT stocks' earnings downgrade may bottom out in H1FY25.

LTIMindtree Ltd Valuation

LTIMindtree Ltd in the last 5 years

  • Overview

  • Trends

Lowest (15.25x)

March 23, 2020

Today (33.10x)

June 21, 2024

Industry (33.92x)

June 21, 2024

Highest (61.22x)

November 17, 2021

LowHigh

Mutual Fund Holdings

Funds Holdings
UTI Flexi Cap Fund - Growth Option - DirectUTI Flexi Cap Fund - Growth Option - Direct4.28%
ICICI Prudential Technology Fund Direct Plan GrowthICICI Prudential Technology Fund Direct Plan Growth5%
Tata Digital India Fund Direct GrowthTata Digital India Fund Direct Growth6.06%
ICICI Prudential Value Discovery Fund Direct Plan GrowthICICI Prudential Value Discovery Fund Direct Plan Growth0.9%
Mirae Asset Large Cap Fund Direct Plan GrowthMirae Asset Large Cap Fund Direct Plan Growth0.71%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M 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

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LTIMindtree Ltd (LTIM) share price today is ₹5125.45

LTIMindtree Ltd is listed on NSE

LTIMindtree Ltd is listed on BSE

  • Today’s highest price of LTIMindtree Ltd is ₹5273.85.
  • Today’s lowest price of LTIMindtree Ltd is ₹5110.6.

PE Ratio of LTIMindtree Ltd is 33.1

PE ratio = LTIMindtree Ltd Market price per share / LTIMindtree Ltd Earnings per share

Today’s traded volume of LTIMindtree Ltd(LTIM) is 14.18L.

Today’s market capitalisation of LTIMindtree Ltd(LTIM) is ₹149635.06Cr.

LTIMindtree Ltd(LTIMPrice
52 Week High
₹6442
52 Week Low
₹4513.55

LTIMindtree Ltd(LTIM) share price is ₹5125.45. It is down -20.44% from its 52 Week High price of ₹6442

LTIMindtree Ltd(LTIM) share price is ₹5125.45. It is up 13.56% from its 52 Week Low price of ₹4513.55

LTIMindtree Ltd(LTIMReturns
1 Day Returns
73%
1 Month Returns
7.32%
3 Month Returns
2.41%
1 Year Returns
1.98%