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2024

LTIMindtree shares surge over 3% despite 1% YoY decline in Q1 PAT. Here's what analysts say

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LTIMindtree shares rose 3.5% to Rs 5,754 after a 1.5% YoY profit rise to Rs 1,134 crore and Rs 9,143 crore revenue. Analysts’ views: Jefferies 'underperform' at Rs 4,920, Investec 'sell' at Rs 5,370, Nuvama and Motilal Oswal 'buy' at Rs 7,000. Features include Q2FY25 anticipation, limited margin levers, deal ramp-up, and high-priority transformation projects.