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LTIMindtree Ltd Share Price

(LTIM)

₹5733.40.34%

as on 04:22PM, 04 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals
F&O

LTIMindtree Ltd Analyst Rating

based on 39 analysts

HOLD

48.72%

Buy

20.51%

Hold

30.77%

Sell

Based on 39 analysts offering long term price targets for LTIMindtree Ltd. An average target of ₹6372.51

Source: S&P Global Market Intelligence

LTIMindtree Ltd Share analysis

LTIMindtree Ltd price forecast by 39 analysts

Upside of11.15%

High

₹7550

Target

₹6372.51

Low

₹4475

LTIMindtree Ltd target price ₹6372.51, a slight upside of 11.15% compared to current price of ₹5733.4. According to 39 analysts rating.

Source: S&P Global Market Intelligence

LTIMindtree Ltd Performance

  • Day's Low

    Day's High

    ₹5,700
    Day's Price Range
    ₹5,780
  • 52 Week's Low

    52 Week's High

    ₹4,513.55
    52-Week Price Range
    ₹6,767.95
1 Month Return-7.85 %
3 Month Return-6.23 %
1 Year Return-2.27 %
Previous Close₹5,753.05
Open₹5,780.00
Volume2.85L
Upper Circuit-
Lower Circuit-
Market Cap₹1,70,454.55Cr

LTIMindtree Ltd Key Statistics

P/E Ratio36.47
PEG Ratio4.84
Market Cap₹1,70,454.55 Cr
P/B Ratio7.57
EPS154.89
Dividend Yield1.32
SectorIT - Software
ROE25.43

LTIMindtree Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹1,70,454.55 Cr43.02%0.54₹4,584 Cr₹35,517 Cr
HOLD₹3,18,055.35 Cr26.71%0.57₹11,112 Cr₹89,760 Cr
HOLD₹5,35,189.03 Cr46.9%0.53₹15,710 Cr₹1,09,913 Cr
BUY₹15,10,822.90 Cr17.26%0.54₹46,099 Cr₹2,40,893 Cr
HOLD₹1,69,031.63 Cr23.86%0.55₹2,396 Cr₹51,995 Cr

About LTIMindtree Ltd

LTI Mindtree Ltd is an Indian multinational IT services and consulting company that was incorporated in 1999. It is headquartered in Bengaluru, India and offers a wide range of services and solutions that include digital transformation, enterprise applications, cloud computing, product engineering, and more.

LTI Mindtree Ltd has operations in more than 20 countries and has over 21,000 employees. Their top products include enterprise applications, cloud services, analytics, mobility, and digital transformation. Their popular brands include Mindtree Kaleidoscope, Mindtree Consulting, and Mindtree Services.

The company provides services to various industries such as banking, financial services, insurance, manufacturing, media, entertainment, retail, travel, transportation, and hospitality.

Share Price: ₹5733.40 per share as on 04 Jan, 2025 04:22 PM
Market Capitalisation: ₹1,70,454.55Cr as of today
Revenue: ₹9,432.90Cr as on September 2024 (Q3 24)
Net Profit: ₹1,251.60Cr as on September 2024 (Q3 24)
Listing date: 21 Jul, 2016
Chairperson Name: S N Subrahmanyan
OrganisationLTIMindtree Ltd
HeadquartersMumbai
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for LTIMindtree Ltd

  • LTIMindtree Target Price Cut, Sell Rating Maintained - 02 Jan, 2025

    A sell rating for LTIMindtree has been maintained, with the target price revised downward to ₹5,460 from ₹5,710, indicating potential concerns in performance.
  • LTIMindtree Positioned for Growth with Strong Outlook - 01 Jan, 2025

    LTIMindtree is recommended as a buy with a target price of Rs 7400, reflecting a 31% upside from the current price of Rs 5643. The company is well-positioned for future growth, driven by strong deal momentum and a focus on efficiency, particularly in data engineering and ERP modernization.
  • LTI Mindtree Downgraded Despite Strong Fundamentals - 30 Dec, 2024

    LTI Mindtree received a stock call downgrade to 'Hold' from MarketsMojo on December 30, 2024, despite reporting record operating cash flow and strong growth metrics. The company has a solid long-term outlook with a low debt-to-equity ratio, but has underperformed the BSE 500 index and shows a sideways technical trend.
  • LTIMindtree Launches Rural Development Initiative in West Bengal - 27 Dec, 2024

    LTIMindtree has launched an Integrated Village Development Programme in West Bengal, focusing on education, health, and infrastructure improvements in Balarampur. The initiative aims to develop 16 aspirational blocks identified by Niti Aayog, with projects including renovated schools and farm ponds for irrigation.
  • LTIMindtree Faces Downgrade and Significant Share Decline - 20 Dec, 2024

    LTIMindtree shares have dropped significantly, erasing six weeks of gains, following a downgrade by CLSA due to concerns over large deal visibility. The stock is now down 13% for the week.
  • LTIMindtree Faces GST Demand Stay Amid Sell Call - 17 Dec, 2024

    LTIMindtree received an interim stay on an Rs 88 crore GST demand from the Karnataka High Court while Citi issued a sell call due to weak demand visibility.
  • LTIMindtree Launches Cyber Center Amid Mixed Market Sentiment - 16 Dec, 2024

    LTIMindtree launched its Cyber Defense Resiliency Center in Bengaluru, leveraging AI for enhanced cybersecurity. However, Citi maintains a sell rating due to margin concerns, despite positive technical indicators suggesting potential upside.
  • LTIMindtree Targets $10 Billion Revenue by FY32 - 14 Dec, 2024

    LTIMindtree sets an ambitious goal of reaching $10 billion in revenue by FY32, focusing on margin improvement and leveraging client transformation projects. Analysts have mixed views on this plan, citing potential risks and opportunities in the current market environment.
  • Analyst Recommends LTIMindtree with Target Price - 13 Dec, 2024

    LTIMindtree shares traded up 0.29% to Rs 6648.85. Analyst Nooresh Merani forecasts 5-6% near-term returns, setting a target price of Rs 7100.
  • LTIMindtree Shares Rise Amid Strong Trading Activity - 12 Dec, 2024

    LTIMindtree Ltd. shares increased by 1.87% to Rs 6723.45, with a market cap of Rs 198495.05 crore and notable trading volume on December 12, 2024.
  • LTIMindtree Partners with GitHub, Shares Slightly Down - 11 Dec, 2024

    LTIMindtree has formed a strategic partnership with GitHub to accelerate AI-driven software engineering. Shares are down 0.2% at Rs 6561.30, with a 52-week high of Rs 6670.45.
  • LTIMindtree Partners with GitHub, Shares Hit New High - 10 Dec, 2024

    LTIMindtree's stock surged after HSBC upgraded it to 'Buy', predicting industry growth. The company also announced a strategic partnership with GitHub to enhance software development using AI tools.
  • LTIMindtree Dissolves Wholly-Owned Subsidiary in France - 06 Dec, 2024

    LTIMindtree has announced the dissolution of its wholly-owned subsidiary, Syncordis SARL, in France, effective November 29, 2024, as part of an internal reorganization.
  • LTIMindtree Partners with Voicing.AI for AI Investment - 04 Dec, 2024

    LTIMindtree USA has announced a strategic partnership and investment in Voicing.AI, focusing on AI-driven voice technology to improve customer engagement and business processes.

Insights on LTIMindtree Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 9.10K Cr → 9.73K Cr (in ₹), with an average increase of 3.3% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 1.09K Cr → 1.25K Cr (in ₹), with an average increase of 6.2% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 7.28% to 7.39% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, HCL Technologies Ltd has given 37.1% return, outperforming this stock by 39.4%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 68.60% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, HCL Technologies Ltd has given 46.0% return, outperforming this stock by 70.2%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, LTIM stock has moved down by -7.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 9.85% to 9.10% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 5.44% to 5.38% in Sep 2024 quarter

LTIMindtree Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹8,905.40Cr (-)₹9,016.60Cr (↑1.25%)₹8,892.90Cr (↓1.37%)₹9,142.60Cr (↑2.81%)₹9,432.90Cr (↑3.18%)
Net Income₹1,162.30Cr (-)₹1,169.30Cr (↑0.60%)₹1,100.70Cr (↓5.87%)₹1,135.10Cr (↑3.13%)₹1,251.60Cr (↑10.26%)
Net Profit Margin13.05% (-)12.97% (↓0.61%)12.38% (↓4.55%)12.42% (↑0.32%)13.27% (↑6.84%)
Value in ₹ crore
Details2021202220232024
Total Assets₹9,988.50Cr (-)₹19,816.00Cr (↑98.39%)₹22,437.00Cr (↑13.23%)₹26,457.70Cr (↑17.92%)
Total Liabilities₹3,046.70Cr (-)₹5,940.90Cr (↑94.99%)₹6,460.00Cr (↑8.74%)₹7,159.20Cr (↑10.82%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹1,644.10Cr (-)₹2,179.30Cr (↑32.55%)₹3,206.10Cr (↑47.12%)₹2,886.50Cr (↓9.97%)₹5,529.60Cr (↑91.57%)

Index Inclusions

S&P BSE Largecap

₹9,336.33

-0.58 (-54.15%)

BSE Tech

₹19,730.47

-1.13 (-225.51%)

BSE 200

₹11,097.27

-0.53 (-59.16%)

BSE 100

₹25,460.25

-0.6 (-152.78%)

Nifty100 Eq Weig

₹31,981.25

0.03 (9.8%)

BSE 500

₹35,702.07

-0.49 (-176.59%)

Nifty 500

₹22,708.15

-0.49 (-111.6%)

Nifty100 Quality

₹5,635.70

-0.59 (-33.4%)

Nifty 200

₹13,610.50

-0.54 (-74.55%)

NIFTY IT

₹43,726.55

-1.41 (-625.2%)

S&P BSE 100 LargeCap TMC

₹8,964.80

-0.61 (-54.71%)

Nifty Next 50

₹69,192.45

0.13 (88.85%)

Nifty Services Sector

₹31,697.60

-1.15 (-368.1%)

S&P BSE Dividend Stability

₹1,009.92

0.05 (0.46%)

S&P BSE 250 LargeMidCap

₹10,540.65

-0.51 (-54.41%)

BSE IT Sector

₹43,679.26

-1.31 (-580.31%)

NIFTY 100

₹24,879.85

-0.6 (-148.95%)

Nifty LargeMidcap 250

₹15,941.35

-0.42 (-67.7%)

S&P BSE SEN. N50

₹83,326.86

0.32 (262.35%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

LTIMindtree Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
68.6%
-0.01
Foreign Institutions
7.39%
1.50
Mutual Funds
5.38%
-1.19
Retail Investors
9.1%
-7.65
Others
9.54%
8.09

LTIMindtree Ltd Key Indicators

Details20202021202220232024
Return On Equity %31.2329.3937.5928.4625.43
Details20202021202220232024
Return On Assets %18.119.3819.9219.6517.32
Details20202021202220232024
Book Value Per Share (₹)310.57417.34482.68560.54676.25
Details20202021202220232024
Earning Per Share (₹)87.39110.75133.45149154.89

LTIMindtree Ltd Valuation

LTIMindtree Ltd in the last 5 years

  • Overview

  • Trends

Lowest (15.25x)

March 23, 2020

Today (36.47x)

January 3, 2025

Industry (41.09x)

January 3, 2025

Highest (61.22x)

November 17, 2021

LowHigh

LTIMindtree Ltd Earnings and Dividends

  • LTIMindtree Ltd Earnings Results

    LTIMindtree Ltd’s net profit jumped 7.68% since last year same period to ₹1,251Cr in the Q2 2024-2025. On a quarterly growth basis, LTIMindtree Ltd has generated 10.34% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • LTIMindtree Ltd Dividends October,2024

    In the quarter ending September 2024, LTIMindtree Ltd has declared dividend of ₹20 - translating a dividend yield of 1.48%.

    Read More about Dividends

LTIMindtree Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

LTIMindtree Ltd is currently in a Bearish trading position according to technical analysis indicators.

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LTIMindtree Ltd (LTIM) share price today is ₹5733.4

LTIMindtree Ltd is listed on NSE

LTIMindtree Ltd is listed on BSE

  • Today’s highest price of LTIMindtree Ltd is ₹5780.
  • Today’s lowest price of LTIMindtree Ltd is ₹5700.

PE Ratio of LTIMindtree Ltd is 36.47

PE ratio = LTIMindtree Ltd Market price per share / LTIMindtree Ltd Earnings per share

Today’s traded volume of LTIMindtree Ltd(LTIM) is 2.85L.

Today’s market capitalisation of LTIMindtree Ltd(LTIM) is ₹170454.55Cr.

LTIMindtree Ltd(LTIMPrice
52 Week High
₹6767.95
52 Week Low
₹4513.55

LTIMindtree Ltd(LTIM) share price is ₹5733.4. It is down -15.29% from its 52 Week High price of ₹6767.95

LTIMindtree Ltd(LTIM) share price is ₹5733.4. It is up 27.03% from its 52 Week Low price of ₹4513.55

LTIMindtree Ltd(LTIMReturns
1 Day Returns
-19.65%
1 Month Returns
-7.85%
3 Month Returns
-6.23%
1 Year Returns
-2.27%