He shared insights on the outlook for 2025-26 (FY26), the role of AI in efficiency-driven deals, and the state of discretionary spending
Reversal of furloughs, continued strength in the BFSI vertical and ramp-up of deals will be the key drivers for growth in Q4FY25
According to Motilal Oswal Financial Services, Infosys and LTIMindtree, both companies with a high discretionary tilt, have provided a more cautious view on discretionary-spend recovery
In the third quarter ended December 31, 2024, LTIMindtree's net profit declined 13.2 per cent quarter-on-quarter (Q-o-Q) basis to Rs 1086.7 crore as compared to Rs 1,252 crore in Q2
(Reuters) - Indian software services provider LTIMindtree on Thursday reported third-quarter revenue above estimates, propelled by execution of large deals won in previous quarters.
Q3 FY25 company results today: Reliance, Infosys, LTIMindtree, Havells, and Axis Bank are among 36 firms to release their earnings report for the Oct-Dec quarter on January 16
The rupee fell 2 paise to near all-time low of 84.85 against the US dollar in early trade on Thursday on the back of foreign fund outflows and rising crude oil prices
LIC increased its shareholding from 1,49,06,665 shares to 2,08,34,009 shares which translates to a shareholding from 5.033 per cent stake to 7.034 per cent
Stocks to watch on November 22, 2024: Here is a list of stocks from Infosys to Hyundai Motor India which will be on radar today
At 02:31 pm; Nifty IT index, the top loser among sectoral indices, was down 2.3 per cent, as compared to 0.43 per cent decline in the Nifty 50.
The information technology (IT) stocks were in great demand on Wednesday, with Nifty IT index surging 3.56 per cent in intraday deals
Debashis talks about what worked for the company, the combined forces of LTI and Mindtree and how clients are ramping up AI deals
LTIMindtree share price news: he drop in LTIMIndtree shares came after the information technology (IT) company's management gave a cautious commentary for growth in Q3 FY25
The growth driver for the company in terms of geography was the US, which grew 7 per cent Y-o-Y and 2.6 per cent sequentially. Europe was down 1.9 per cent Y-o-Y but grew 2.2 per cent sequentially
Its revenue for the quarter under review came in at Rs 9,432 crore, 5.91 per cent higher than Rs 8,905 crore in Q2 FY24
The Nifty IT index had shed 3% on Wednesday ahead of the US Fed policy decision. Here are the key pivot points to track on top IT stocks with potential upside and downside targets as per charts.
The IT sector is on the cusp of a mild but possibly sustained recovery in client spending, and the impending rate cut cycle should add to the sector tailwinds, according to MOFSL.
Strategic reboots and fresh opportunities drive broker upgrades for the two L&T subsidiaries
Technical Outlook: RECL, PFC can potentially rally up to 17 per cent from here on; while Birlasoft and LTIMindtree may witness a sharp fall, suggests technical charts.
Among individual information technology stocks, LTIMindtree led the charts, soaring 7.76 per cent intraday at Rs 6,198 per share on the NSE