The company's focus on vendor consolidation and AI-driven transformation engagements has strengthened its medium-term growth visibility
Nuvama noted that IT services companies outperformed expectations in Q2, supported by stronger growth, margin expansion, and healthy deal wins
Since September 30, the Nifty IT index has outperformed the market by surging 6.4 pee cent as compared to a 4-per cent rise in the Nifty 50 index
LTI Mindtree stock price: Excels with top-tier quality and a significant earnings surprise, making it a robust choice for investors seeking financial stability and recent positive estimate revisions.
The multi-year contract strengthens LTIMindtree's large-deal momentum as IT firms focus on cost optimisation and efficiency-led growth in a cautious spending climate
The partnership aims to enhance operational efficiency using artificial intelligence, automation, and process optimisation
Stocks to Watch today: Infosys, LTIMindtree, Bharat Electronics, Ola Electric, United Breweries, Federal Bank and Rubicon Research are among the stocks to watch today, October 23, 2025
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On the bourses, LTIMindtree share rose as much as 2.32 per cent to hit an intraday high of 5750.60 per share.
Around 7:20 AM, GIFT Nifty futures were down 41.6 points at 25,614.5, indicating a negative start.
LTIMindtree's Q2FY26 profit rose 10.4% to Rs 1,381 crore and revenue grew 10.2% to Rs 10,394 crore, driven by BFSI and manufacturing segments and strong large deal wins
LTIMindtree's deal wins for the quarter totaled $1.59 billion, compared with $1.63 billion in the previous quarter and $1.3 billion a year earlier
However, thus far in the calendar year 2025, the IT index has underperformed the market by falling 20 per cent, as against 4.7 per cent rise in the BSE Sensex
In its largest strategic deal, LTIMindtree entered a multi-year agreement with a leading global media and entertainment firm
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The sixth largest software services exporter in India said the deal was with a leading global media and entertainment company, but did not disclose the name of the client
India's software exports rose 12.7% in FY25, yet listed IT groups saw only 3.8% growth, with market share slipping as unlisted firms and GCCs expand faster
The BSE IT index also fell 3.5 per cent in the intraday trade. Thus far in calendar year 2025, the BSE IT index has underperformed the market by sliding 19 per cent
On the bourses, the Nifty IT index is the worst-performing sector so far this year. The index is down 16 per cent in 2025
IT stocks such as Infosys, TCS and 3 others could see limited downside from current levels, as they are trading above key support levels, backed by positive cues from momentum oscillators, show charts