L&T Technology advances 10% ahead of Q3 results; surges 50% in 3 months

Phillip Capital expects LTTS to post strong dollar revenue growth of 4.1 per cent QoQ

Shares of L&T Technology Services (LTTS) moved higher by 10 per cent to Rs 2,621 on the BSE in the intra-day trade on Tuesday on the back of heavy volumes ahead of its October-December quarter (Q3FY21) results. The company said it will announce its results for the third quarter of FY21 on Wednesday, January 20, 2021 post market hours.

The stock of LTTS, a subsidiary of Larsen & Toubro (L&T) focused on engineering, research & development (ER&D) services, hit a record high of Rs 2,780 on Friday, January 15, 2021.

In the past three months, post July-September quarter (Q2FY21) earnings,