Accumulate LTIMindtree, target price Rs 5910: Prabhudas Lilladher
LTIMindtree with a target price of Rs 5910. The current market price of LTIMindtree Ltd. is Rs 5475.5.
LTIMindtree Ltd., incorporated in the year 1996, is a Large Cap company (having a market cap of Rs 162404.15 Crore) operating in IT Software sector.
LTIMindtree Ltd. key Products/Revenue Segments include Software Development Charges & Other Services for the year ending 31-Mar-2023.
Financials For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 9100.50 Crore, down -1.47 % from last quarter Total Income of Rs 9236.10 Crore and up 3.92 % from last year same quarter Total Income of Rs 8757.40 Crore. Company reported net profit after tax of Rs 1100.70 Crore in latest quarter.
Promoter/FII Holdings Promoters held 68.6 per cent stake in the company as of 31-Mar-2024, while FIIs owned 7.86 per cent, DIIs 13.39 per cent.
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