Analyst Meet Update - Larsen & Toubro Infotech - ICICI Direct

The company has hit quarterly annualised revenue run rate of US$2bn in Q2FY22. It is aspiring to reach US$4bn annual revenue rate at faster pace than its precedent time period. The company has reported industry leading growth in last 5 years and expect the same to continue going forward. LTI's large deal size is US$2.07bn, out of which new logos contribute 44% of the deal size. The company is looking to re-invest the growth back to build up capabilities and talent and hence maintained PAT margin guidance band of 14-15%.

For details, click on the link below: Link to the report

Shares of Larsen & Toubro Infotech Limited was last trading in BSE at Rs. 6619.40 as compared to the previous close of Rs. 6597.80. The total number of shares traded during the day was 12489 in over 2987 trades.

The stock hit an intraday high of Rs. 6631.90 and intraday low of 6465.00. The net turnover during the day was Rs. 81682976.00.

Source : Equity Bulls

Keywords

LarsenandToubroInfotech INE214T01019 LTI ICICIDirect AnalystMeetUpdate