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LTIMindtree Ltd Performance

Today's Low
4,677.00
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Today's High
4,722.90
52 Wk Low
4,132.20
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52 Wk High
6,442.00


Open

4722.9

Traded Value (Cr)

20.63 Cr

Prev. Close

4662.85

VWAP

4682.14

Volume

13,37,626

Face Value

1

LTIMindtree Ltd Fundamentals

Market Cap
₹ 1,44,863 Cr
P/E Ratio (TTM)
31.52
P/B Ratio
8.02
Debt to Equity
0.10
ROE
24.51 %
EPS (TTM)
155.18
Dividend Yield
1.23%
Book Value
609.95

Click here to know more about Fundamentals

LTIMindtree Ltd F&O

LTIMindtree Ltd Option Chain

LTIMindtree Ltd Financials

LTIMindtree Ltd Financials

LTIMindtree Ltd Shareholding Pattern

Held By Dec 2023 Sep 2023 Jun 2023 Mar 2023
Promoters 68.64 % 68.66 % 68.66 % 68.68 %
FII 8.65 % 8.11 % 8.21 % 8.41 %
Others 8.56 % 8.51 % 8.35 % 7.96 %
Retail 7.09 % 7.48 % 7.77 % 8.13 %
Mutual Funds 7.06 % 7.23 % 7.01 % 6.82 %

Promoters

68.64%

FII

8.65%

Others

8.56%

Retail

7.09%

Mutual Funds

7.06%

Promoters

68.66%

FII

8.11%

Others

8.51%

Retail

7.48%

Mutual Funds

7.23%

Promoters

68.66%

FII

8.21%

Others

8.35%

Retail

7.77%

Mutual Funds

7.01%

Promoters

68.68%

FII

8.41%

Others

7.96%

Retail

8.13%

Mutual Funds

6.82%

Resistance and Support

₹5,161.07

PIVOT

resistance-arrow
Resistance
First Resistance₹5,191.833
Second Resistance₹5,223.767
Third Resistance₹5,254.533
support-arrow
Support
First Resistance₹5,129.133
Second Resistance₹5,098.367
Third Resistance₹5,066.433
RSI20.679
MACD-130.714
ADX41.926
CCI-180.137

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day1,337,626755,27556.46
Week540,781396,31467.15
1 Month517,451319,42261.28
6 Months335,329335,329100.00

About LTIMindtree Ltd

Larsen & Toubro Infotech Limited (L&T Infotech) is a global technology consulting and digital solutions companies helping more than 728 clients to succeed in a converging world. L&T Infotech, incorporated in 1997, is a subsidiary of Larsen & Toubro Limited. Presently, the Company offers extensive range of IT services like Agile, Analytics and Information Management, Application Development, Maintenance and Outsourcing, Enterprise Solutions, Infrastructure Management Services, Testing, Digital Solutions, and Platform-based Solutions to the clients in diverse industries. The Company is an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services. It operates in over 50 countries worldwide. The Company is engaged in core, high impact sectors of the economy and its integrated capabilities span the entire spectrum of design to delivery'. Its manufacturing footprint extends across 8 countries in addition to India. Apart from this, it has several international offices and a supply chain that extends around the globe. LTI has offerings across the following service lines includes, Application Development & Maintenance and Testing, Enterprise Solutions, Cloud Infrastructure & Security, Analytics, AI & Cognitive and Enterprise Integration & Mobility. During the year 2001-2002, the company's name was changed from L&T Information Technology Limited to Larsen & Toubro Infotech Limited, and in the same year the company achieved the assessed level of SEI Level 5. The Company set up a fully functional and comprehensive Network Operations Centre (NOC) using CA Unicentre platform, which is being used at six locations and with 2000 workstations and the company developed capabilities in comprehensive billing solutions for Telcos comprising of subscriber hierarchy management, tariff and billing engine, debt escalation engine etc., it also developed capabilities in setting up Fraud Management Control Centres (FMCC). During in the same year, the Company caters to a wide range of both discrete and process manufacturing companies. It acquired significant depth in E-Procurement & Internet based E marketplaces and integration of the same with backend Enterprise Solutions like SAP. During the year 2002-2003, the company achieved the SEI CMM Level 5 for all verticals and development centers and in the same year The Company has been successful in positioning itself for certain large outsourcing deals notwithstanding the size handicap, primarily by leveraging its parentage of the L&T Group. Also the thrust on the ERP segments vastly increased to gear up for the anticipated availability of business. During the year 2004-2005, the company acquired some key clients in ERP practices; financial services further consolidated its presence in the Manufacturing Communications and Embedded Systems space. During the year the Company registered a significant growth in Exports Revenue (61%) and USA continues to be the leading destination contributing 63% to the total software exports. During the year 2005-2006, the company launched CMMi initiative, while continuing select programmes of six-sigma implementation. The launch and Certification of PCMM 5 enables the company in vastly enhancing the capability to deal optimally with the human resources, which constitute practically the entire value-adding constituency in this industry. During the year 2006-2007, the company acquired by 'GDA Technologies Inc.', USA (GDA) for USD 27 million and in the same year the company continued to focus on the chosen verticals; Banking, Financial Services and Insurance, Energy and Petrochemicals, Product Engineering services (comprising of Communications and Embedded Software) and Manufacturing. During the year 2007-2008, the company made significant efforts for 'Campus Branding' in order to attract talent from the campuses. The Company also launched its new website and other marketing collaterals which are in line with its brand message of 'Business-to-IT Connect'. During the year the Company expanded its infrastructure with the addition of two new development centers, one each in Navi Mumbai and Bangalore. During the year 2008-2009, the company launched two new series lines- consulting service line and testing service line, in order to transform the company into a full service IT provider. In 2010, L&T Infotech was appraised at Maturity Level 5 (Optimizing) of CMMI for Development v1.2 for the units at Mumbai, Navi Mumbai, Pune, Bengaluru, Mysuru and Chennai. In 2011, the company acquired transfer agency business unit of Citigroup Fund Services Canada Inc. and renamed it as L&T Infotech Financial Services Technologies Inc. (LTIFST). In 2013, the company's business verticals were re-cast into two clusters- industrials and services. In 2014, L&T Infotech transferred its product engineering services (PES) business unit to L&T Technology Services Limited (LTTSL). In 2015, L&T Infotech acquired Information Systems Resource Centre Private Limited (ISRC) from Otis Elevator Company, USA and Otis Elevator Company (India) Limited, units of United Technologies Corporation. In 2016, L&T Infotech was assessed at maturity Level 5 CMMI-SVC v1.3 for the units at Mumbai, Navi Mumbai, Pune, Bengaluru and Chennai. In July 2016, L&T Infotech was listed on the bourses after promoter L&T sold 1.75 crore shares of the company through an initial public offer during the period from 11 to 13 July 2016 via book building. On 25 October 2016, L&T Infotech (LTI) announced that it will acquire Pune based AugmentIQ Data Sciences Pvt. Ltd., an innovative start-up offering IP-based, big data and analytics solutions that help enterprises derive business benefits from big data. As a result of this acquisition, LTI will gain access to MAXIQ, the big data platform developed by AugmentIQ, which is currently servicing one of the world's largest credit bureaus, large banks as well as regulatory agencies. Also, the proprietary identity resolution technology from AugmentIQ is among the best in its class and can be adopted to solve the emerging needs of regulatory authorities across all markets. On 14 November 2017, L&T Infotech (LTI) announced the signing of definitive agreements to acquire Luxembourg based Syncordis S.A., a leading core banking implementation services provider, alongwith its identified subsidiaries in France, UK, Luxembourg and India. Founded in 2004, Syncordis has an exclusive focus on Temenos Digital Suites that positions it as a leading independent pure play Temenos specialist. Syncordis has developed industry-leading accelerators that help with faster and consistent Temenos implementations and capture the fast-growing market opportunities for core banking product modernization services. Europe is a growth market for LTI and addition of these niche capabilities bring stronger synergies with company's deep expertise in Banking and Financial services segment. On 15 December 2017, L&T Infotech (LTI) announced that it has completed acquisition of 100% shareholding of Syncordis S.A., Luxembourg along with its identified subsidiaries, comprising of Syncordis Support Services S.A., Luxembourg, Syncordis Limited, UK and Syncordis SARL, France through Larsen & Toubro Infotech GmbH, its wholly owned subsidiary in Germany. With this acquisition, Syncordis S.A. and its identified subsidiaries are now wholly owned step-down subsidiaries of the company. On 20 March 2018, Larsen & Toubro Infotech (LTI) announced that it has been selected by Accudyne Industries, LLC (Accudyne Industries) as the transformation partner to provide IT Infrastructure & Security Management Services. On 17 April 2018, Larsen & Toubro Infotech (LTI) announced that it has joined the Enterprise Ethereum Alliance (EEA), the world's largest open source blockchain initiative. On 19 May 2018, Lymbyc Solutions Pvt Limited, one of the country's leading-edge innovator and Artificial Intelligence-based analytics solution provider, announced that it has partnered with Larsen & Toubro Infotech (LTI), a leading global technology consulting and digital solutions company. The two companies signed a Memorandum of Understanding to tap the growing shift in market demand from an IT-led, system of record reporting to business-led, agile analytics, including self-service. The partnership will focus on enabling analytics solutions and digital transformation initiatives of global customers through jointly developed industry-focused offerings. On 27 June 2018, L&T Infotech Ltd. inaugurated its latest global delivery center in Johannesburg. On 1st May 2018, the Company signed definitive agreements with Schneider Electric, a global player in energy management and automation for strategic divestment of its Electrical and Automation (E&A) business for an all-cash consideration of Rs. 14,000 crore. Schneider Electrichad received approval from Competition Commission of India for the proposed combination, vide letter dated 18th April 2019. The Company had filed a petition for merger of L&T Shipbuilding Limited with the Company. The amalgamation was approved by National Company Law Tribunals at Mumbai & Chennai. L&T Shipbuilding Limited has thus merged with the Company with the Appointed date 1st April 2019 and effective date 18th May 2020. In 2020-21, the Company divested Electrical and Automation (E&A) business undertaking on 31st August 2020. During the year 2020-21, the Company became an Elite Services Partner of Snowflake, the Data Cloud company. It also became the maiden partner for Snowcase, to accelerate the cloud data transformation journey of enterprises. It launched The Grit Alliance' framework to help clients navigate the new normal'. Leveraging LTI's strengths and IP to co-create material outcomes. During FY 2022, the Company sold its digital transformation business, incubated and operated as L&T NxT, to Mindtree Limited, a listed subsidiary of the Company, for a consideration of Rs. 198 crore. During the year 2021-22, L&T Hydrocarbon Engineering Limited, a wholly-owned subsidiary company was merged with the Company. The Scheme was to create cost effectiveness by integrating Hydrocarbon business of LTHE and Engineering, Projects and Construction (EPC) power business of the Company. The Scheme of Arrangement was approved by the Hon'ble National Company Law Tribunal, Mumbai Bench, which became effective from 7th February 2022 with Appointed date of April 1, 2021. Subsequently all the subsidiaries of LTHE became direct subsidiaries of the Company. During the year 2021-22, the Company acquired 6,82,25,347 equity shares of L&T Finance Holdings Limited (LTFHL) and presently holds 163,92,29,920 equity shares representing 66.26% of the total share capital of LTFHL. During the year 2022-23, Larsen & Toubro Infotech Limited (LTI) amalgamated with Mindtree Limited (Parent Company) through the Scheme of Amalgamation and Arrangement which became effective from November 14, 2022. Accordingly, name of the Company was changed from Larsen & Toubro Infotech Limited' (LTI) to LTIMindtree Limited', w.e.f. November 15, 2022. As per the Share Exchange Ratio enshrined in the Scheme, during 2022-23, the Company allotted its 12,04,17,607 equity shares of Re 1/- each on November 25, 2022 to the Shareholders of Mindtree and the Shares were listed on BSE Limited (BSE) and National Stock Exchange of India Limited (NSE) on December 5, 2022. The Company opened Digital Experience Centre in Hyderabad, Insurance Data and Analytics Innovation Center in Kolkata, and a Delivery Center in Poland in 2022-23.

Managing Director

Debashis Debiprasad Chatterjee

Founded

1996

NSE Symbol

LTIM

LTIMindtree Ltd Management

NameDesignation
A M NaikFounder Chairman
S N SubrahmanyanVice Chairman
R Shankar RamanDirector
Sanjeev AgaIndependent Director
Sudhir ChaturvediPresident & Whole-time Dir.
Nachiket DeshpandeWhole Time Director & COO
JAMES VARGHESE ABRAHAMIndependent Director
Rajnish KumarIndependent Director
Vinayak ChatterjeeIndependent Director
Debashis Debiprasad ChatterjeeManaging Director & CEO
APURVA PUROHITIndependent Director
Bijou KurienIndependent Director
Chandrasekaran RamakrishnanIndependent Director
Angna Arora.Company Sec. & Compli. Officer

LTIMindtree Ltd News

LTIMindtree announces change in senior management
With effect from 15 April 2024
LTIMindtree introduces Composable Storefront Quick Launch on Salesforce
To help retailers speed up go-to-market timeline
LTIMindtree to hold board meeting
On 24 April 2024
LTIMindtree join hands with Afroza to setup training academy
LTIMindtree said that it has announced strategic partnership to deliver digital transformation in Customer relationship management (CRM) & Trade promotion management (TPM) across the consumer products industry.
LTIMindtree partners with Aforza
To deliver digital transformation in CRM & TPM across consumer products industry
LTIMindtree appoints Vipul Chandra as CFO
LTIMindtree said that its board has approved the appointment of Vipul Chandra as the chief financial officer (CFO) of the company with effect from 25 April 2024.
LTIMindtree appoints Vipul Chandra as CFO
With effect from 25 April 2024
LTIMindtree CFO resigns
With effect from 24 April 2024
Aramco Digital and LTIMindtree collaborate to launch IT services company in KSA
LTIMindtree to set up JV with Saudi Aramco's subsidiary Global Digital

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LTIMindtree Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase LTIMindtree Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. LTIMindtree Ltd's share price is ₹4,700.75 as of April 18, 2024

LTIMindtree Ltd's P/E ratio is 31.52 times as of April 18, 2024.

LTIMindtree Ltd's most recent financial reports indicate a price-to-book ratio of 8.02, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. LTIMindtree Ltd's market is 144,864 Cr as on April 18, 2024.

The current financial records of LTIMindtree Ltd show a 24.51% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a LTIMindtree Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. LTIMindtree Ltd's 52-week high and low as of April 18, 2024 are ₹4722.9 and ₹4677 respectively.

As of the Dec 2023 quarter, the promoter shareholding in LTIMindtree Ltd stands at 68.64%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 8.11% to 8.65%.