Robust deal wins, strong execution, continued operational efficiencies and investment in AI are positives
As part of the agreement, the tech major will provide a suite of IT services, including core business applications, infrastructure operations, end-user support, software asset governance, and project execution.
Stocks to Watch, 23 October: Stocks like Jain Resource Recycling, Epack Prefab Technologies, Bharat Electronics, Kirloskar Ferrous Industries, HCL Technologies, Fusion Finance, Zaggle Prepaid Ocean Services, Nectar Lifesciences, Lloyds Metals and Energy, Filatex India, Gulshan Polyols, LTIMindtree, and United Breweries will be in focus on October 23.
'We are committing to near double-digit growth in the second half,' CEO and MD Venu Lambu tells Moneycontrol in an interview
Deshpande will be exploring opportunities outside the company. He was critical in setting up the AI business services group that was instrumental in recent mega deal wins of the company
Healthy order bookings are expected to improve revenue growth at LTIMindtree
Motilal Oswal is bullish on LTIMindtree recommended buy rating on the stock with a target price of Rs 6650 in its research report dated October 17, 2025.
Prabhudas Lilladher recommended hold rating on LTIMindtree with a target price of Rs 5470 in its research report dated October 17, 2025.
Giving context on this decision, CEO Venu Lambu said that 'the topic of wage hikes is evolving,' as the industry and the company are going through a significant inflection point
Stocks to watch, 17 October: Stocks like Infosys, Wipro, Jio Financial Services, LTIMindtree, JSW Infrastructure, Vikram Solar, CIE Automotive India, Punjab & Sind Bank, Sunteck Realty, Fortis Healthcare, Biocon, JSW Energy, BEML,and Canara HSBC Life Insurance Company will be in focus on October 17.
Oracle said the investment will include training over 8,000 practitioners and developing more than 100 industry-specific AI use cases across sectors such as manufacturing and utilities.
Net Sales are expected to increase by 4.5 percent Q-o-Q (up 9 percent Y-o-Y) to Rs. 10,280 crore, according to Prabhudas Lilladher.
LTIMindtree has secured a multi-year deal with a global entertainment major. The Indian IT firm said the deal its largest ever strategic contract to date.
Stocks to Watch, 07 October: Stocks like Bank of India, Metropolis Healthcare, Dilip Buildcon, LTIMindtree, Brigade Enterprises, Zydus Lifesciences, Coal India, Aster DM Healthcare, Reliance Industries, Bharti Airtel, and Aditya Birla Lifestyle Brands will be in focus on October 7.
LTIMindtree had also announced its now second-largest deal of $450 million in May, which sources said was with U.S. agribusiness giant Archer-Daniels-Midland.
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In his new role, he will oversee LTIMindtree’s Delivery Units, Talent Solutions functions, Global Delivery Centres, and Delivery Excellence.
Stocks to Watch, 31 July: Stocks like Tata Steel, Aurobindo Pharma, Gujarat Gas, Navin Fluorine International, Hitachi Energy, Sagility India, InterGlobe Aviation, Mahindra and Mahindra, Brigade Hotel Ventures, and Jio Financial Services will be in focus on July 31.
Motilal Oswal is bullish on LTIMindtree has recommended buy rating on the stock with a target price of Rs 6000 in its research report dated July 17, 2025.
Anand Rathi is bullish on LTIMindtree has recommended buy rating on the stock with a target price of Rs 6094 in its research report dated July 20, 2025.
Sharekhan is bullish on LTIMindtree has recommended buy rating on the stock with a target price of Rs 6200 in its research report dated July 17, 2025.
Lambu hits that another mega deal is on the cards and will be closed soon. It could be even bigger than the $450-million deal in the June quarter
ICICI Securities recommended reduce rating on LTIMindtree with a target price of Rs 4740 in its research report dated July 18, 2025.