IMFA, LTIMindtree and Coforge among breakout buys recommended by Kunal Kamble of Bonanza on strong momentum and volume signals
The company's focus on vendor consolidation and AI-driven transformation engagements has strengthened its medium-term growth visibility
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 multi-year contract strengthens LTIMindtree's large deal momentum as it delivers AI and automation-led IT transformation for a US-based global manufacturer
The partnership aims to enhance operational efficiency using artificial intelligence, automation, and process optimisation
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AI-driven automation is helping LTTS decouple revenue growth from workforce expansion, with productivity gains expected to reduce headcount in Q3
On the bourses, LTIMindtree share rose as much as 2.32 per cent to hit an intraday high of 5750.60 per share.
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
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
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
According to data Coforge is currently ranked at number eight, behind LTIMIndtree and Mphasis
"We have been awarded this prestigious PAN2.0 project which looks to enhance the PAN issuance process and security through technology-driven innovation," LTIMindtree said in a statement
The Income Tax Department has selected IT firm LTIMindtree Ltd to implement the PAN 2.0 project, which is expected to go live within 18 months, an official said on Monday. The PAN 2.0 project will comprehensively handle issues/matters related to PAN and TAN, including allotment, updates/corrections, Aadhaar-PAN linking, re-issuance requests, online PAN validation etc., as a one-stop platform. It envisages simplifying PAN/TAN processes to enhance quality of service to the public and improving grievance redressal mechanisms. The PAN 2.0 project has been awarded to the successful bidder, M/s LTIMindtree Limited. The project is expected to go live in 18 months, an official said. LTIMindtree will act as the Managed Service Provider (MSP) for the design, development, implementation, operations, and maintenance of the project. The Cabinet Committee on Economic Affairs (CCEA) had approved the Income Tax Department's Rs 1,435-crore PAN 2.0 project on November 25, 2024. Existing Permanent ..
While LTIMindtree's top line marginally missed Bloomberg estimates of ₹9,855.4 crore, the bottom line outperformed expectations pegged at ₹1,194 crore.
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