LTIMindtree Share New #sharemarket #stockmarket #sharemarketnews
Channel: Simplify Your Finance (SYF)
Date: 2024-01-05

LTIMindtree emerged as brokerages’ favourite IT stock in the October-December 2023 quarter despite the cautious outlook on the sector amid muted growth, macroeconomic headwinds, and slow deal momentum. According to Moneycontrol's analysis, LTIMindtree stock has a 'buy' rating from 22 analysts in the third quarter, compared to 19 in the previous quarter. Meanwhile, the 'hold' and 'sell' calls have reduced by one to 10 each.

HDFC Securities expects LTIMindtree's growth to continue in the coming quarters. According to the brokerage, the IT company is set for sustainable growth outperformance, driven by a robust and growing deal pipeline, along with strong traction in high-growth services compared to larger IT peers.

Moreover, the merger—which brought L&T Infotech’s engineering prowess and Mindtree’s customer-centric approach together—has presented LTIMindtree with a large cross-selling opportunity

LTIMindtree consider to be one of the best IT stocks in indian market to invest.
Today, there is significant news about LTI Mindtree, including updates on the LTI Mindtree share price, the latest results, and other noteworthy developments. Stay tuned for the most recent LTI Mindtree share news, providing you with timely insights into the company's performance and the latest updates in the world of LTI Mindtree.
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