L&T Technology Services (LTTS) reported a consolidated net profit of ₹302.6 crore in Q3FY26, marking a 6 per cent year-on-year (Y-o-Y) drop, from ₹322.4 crore
Kunal Kamble, technical analyst at Bonanza decodes trading strategies in IT stocks - Infosys, TCS, HCL Technologies, L&T Technology Services and Tata Elxsi post Q3 earnings. Here's what expert says.
L&T Technology Services said that the new labour codes have resulted in a material increase in provision for employee benefits on account of recognition of past service costs
Q3FY26 company results: Firms including Alok Industries, Angel One, South Indian Bank, Nelco, and Smartworks Coworking are also to release their October-December earnings reports today
The Nifty IT index needs to breakout above 38,500 resistance, for a likely 13 per cent rally, says Kunal Shah, Senior Technical Analyst at Mirae Asset ShareKhan.
Valuations across the sector remain attractive, but Nomura stays selective. It has rolled forward its valuation framework to H1FY28 while maintaining target multiples.
Analysts at Choice Institutional Equities have upgraded LTTS to 'Buy' from 'Add', while Centrum Institutional Research has maintained its 'Neutral' rating on the stock
L&T Technology Services (LTTS) has secured a $60 million multi-year agreement with a US-based telecommunications provider, marking its fourth $50 million-plus deal in the last year
For the quarter under review (Q1FY26), LTTS reported a marginal 0.7 per cent sequential increase in net profit to ₹316.1 crore, compared to ₹311.1 crore in Q4FY25.
The strategic partnership will drive development of safety-critical software and next-gen steering systems for global markets, strengthening India's role in mobility innovation
L&T Technology share price: In its fourth quarter ended March 31, 2025, L&T Tech reported a net profit of ₹310.2 crore, down 9 per cent, as compared to ₹341 crore in the year-ago period
The uptick in the L&T Tech share price came after the company announced that it has been awarded a multi-year $80 million deal with a US-based manufacturer of industrial products and solutions
We reaffirm our medium-term outlook of $ 2 billion revenue with Earnings before interest and tax (Ebit) margin of 17-18 per cent," said Amit Chadha, CEO & managing director, LTTS
The near-term bias for HDFC Life and LTTS is expected to remain upbeat as long as the stocks trade above Rs 643 and Rs 5,090 levels; suggests the technical charts.