India's L&T Technology rises after quarterly results; brokerages flag steady performance
15/07/2026 05:34
BUZZ-India's L&T Technology rises after quarterly results; brokerages flag steady performance ** Shares of Indian engineering R&D firm L&T Technology Services LTEH.NS rise 5.3% to 3,467 rupees
** Co on Tuesday reported 13% rise in Q1 net profit y/y; rev up 11.5% y/y
** Emkay Global ("add", PT 3800 rupees) says operating performance steady, adds that consistent delivery on medium-term growth ambitions key to monitor
** Centrum Broking ("neutral", PT 3544 rupees) says margin expansion aided by operational discipline, favourable business mix and improved execution
** More than 369, 000 shares traded by 9:57 a.m., nearly 3x the 30-day avg
** Stock on avg rated "hold" by 27 analysts; median PT is 3,500 rupees - data compiled by LSEG
** LTEH down 22.4% YTD
(Reporting by Abhirami G in Bengaluru)
Recent news on L&T Technology Services
See all newsIndia's L&T Technology rises after co expects better second half on deal ramp up
India’s L&T Technology expects robust second half as deals ramp up; quarterly revenue rises
Brief: L&T Tech Says Expect Revenue Momentum To Strengthen Further In H2 While Sustaining Healthy EBIT Margins
Brief: L&T Technology Services Q2 Consol Net Profit 5.48 Billion Rupees
Brief: L&T Tech Secures Engagement Valued At Over $75 Million