India's LTIMindtree set for biggest two-day slump in over 1 year

LTM

21/01/2026 04:38

** India's LTIMindtree LTIM.NS slides 2.6% to 5,804.50 rupees, taking its two-day slump to 9.1%

** Stock set for biggest two-day slump since December 2024

** Drop after India's no. 6 IT firm reports lower Q3 profit with analysts flagging growth pressures and limited scope for margins expansion over FY26-28

** Citi analysts forecast 100 bps impact on LTIM's Q4 and Q1 margins due to wage hikes

** LTIM down 4.3% in January vs IT index's 0.6% drop

(Reporting by Kashish Tandon in Bengaluru)

((Kashish.tandon@thomsonreuters.com))