LTI Mindtree Shares Show 36% Upside Potential: Brokerages Issue 'BUY' Ratings Post Q4 Results. A Favorable Opportunity for Investors. Learn More and Invest.
IT Stocks: LTI Mindtree Limited, a leading IT services company, is currently experiencing a bullish outlook. Following the release of its fourth-quarter (Q4) results, brokerage firms have projected an upside potential of up to 36% for the company's shares.
Q4 Results Summary:
LTI Mindtree's profit increased by 2.5% to ₹1,128.6 crore in the March quarter (2025), representing a 3.9% rise compared to the previous quarter. However, the company's standalone net profit decreased by 1.37% to ₹1,078.6 crore in the March quarter.
Brokerage Firm Recommendations:
Nuvama: Target Price ₹5,200 | Rating: BUY
Nuvama lowered its target price from ₹5,350 to ₹5,200 but maintained its 'BUY' rating on the company. This suggests a potential 15% upside in the share price.
Antique Broking: Target Price ₹5,600 | Rating: BUY
Antique Broking upgraded LTI Mindtree's rating from 'HOLD' to 'BUY'. However, they reduced the target price from ₹5,800 to ₹5,600, indicating a potential increase of up to 23%.
Centrum Broking: Target Price ₹6,177 | Rating: BUY
Centrum Broking suggests that despite the company's b deal bookings and performance, the stock could still see a significant increase of up to 36%.
Stock Performance:
LTI Mindtree's share is currently trading 33% below its all-time high. The 52-week high was ₹6,764, and the low was ₹3,841.05. However, the share price has increased by 9.71% in the last two weeks, while experiencing a 24.74% decline over the past three months.
Investor Action:
Brokerage firms believe that LTI Mindtree shares offer considerable upside potential from current levels. For those interested in investing in this company, experts recommend buying on dips, despite market volatility.
(Disclaimer - If you are considering investing in LTI Mindtree, please consult your financial advisor before making any investment decisions.)
