The management expects future performance to be better, both in terms of order inflows and revenues
The New York-headquartered Citi Group planning to reduce external dependence and increase its internal resources comes as US President Donald Trump continues to promote the 'America First' policy and impose harsh tariffs on imports.
This comes as the Indian rupee opened 5 paise lower, threatening to breach the 87 mark again against the US dollar.
LTI Mindtree Annual General Meeting & Post Media Briefing for LTIM and LTTS by S.N. Subrahmanyan, Chairman and MD.
Motial Oswal recommended neutral rating on LTI Mindtree with a target price of Rs 5,020 in its research report dated April 24, 2024.
Financials have delivered consistent earnings across last 4 quarters with ICICI Bank leading the list.
The Board of Directors has appointed Vipul Chandra as the new CFO, effective April 25, 2024. Chandra is currently the Head of Treasury at Larsen & Toubro, the parent company.
Eurolife FFH will set up Generative AI and digital hub in Athens for crafting solutions tailored for the insurance industry in Greece. LTIMindtree will offer domain expertise and support from facilities in Poland and Mumbai
Among sectors, Pharma and Realty gained 1 percent and 0.74 percent each while Power and Metal became the biggest losers with 1.3 percent and 0.84 percent down respectively.
Among sectors, the realty index was up 6.6 percent and the power index 2 percent. Bank, capital goods, healthcare and oil & gas closed 0.5-1 percent higher
Market breadth was in favour of gainers. About 1,960 shares advanced, 1,800 declined and 121 remained unchanged
In a recent report, Kotak Securities said that most enterprises are focused on cost reduction; moreover, trends do not indicate the possibility of recovery in discretionary spending in 1HCY24
LTIMindtree stock has given a return of 14.61 percent over the last six months. The benchmark Nifty50 index has given a return of 11.11 percent over the same duration.
In this episode of Market Minutes, Sucheta Anchaliya talks about all the important factors to watch today, from NTPC, LTI Mindtree and Concord Biotech listing to global market setup. Also catch Jinesh Joshi-Research Analyst Prabhudas Lilladher Pvt Ltd in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends
Concerns over rising deposit rates appeared to have eased somewhat, and investors seem to be turning hopeful about corporate demand picking up
The sentiment towards IT stocks remains mixed, with the less pessimistic expecting the IT major to be a big beneficiary of demand revival
Mindtree’s results for the second quarter may be the last time the company reports earnings as a standalone entity.