LTIMindtree shares jump 5% post Q2; here’s why
The board of LTIMindtree has declared an interim dividend of ₹20 per equity share of ₹1 each.
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Hitting The Refresh Button At L&T
S.N. Subrahmanyan is increasing the share of services — financial & IT — in order to increase the margins of the conglomerate.
Driving Transition At LTIMindtree
Debashis Chatterjee has leveraged the strengths of both L&T Infotech and Mindtree, and led the merged entity to cash in on the technology boom.
LTIMindtree Q4 results: Profit flat at ₹1,114 cr; declares dividend of ₹40
In dollar terms, net profit dropped 7.8% YoY to $135.6 million, while revenue rose 11.9% YoY to $1,057.5 million.
L&T wins order for renovation of New Delhi railway station; stock hits record high
L&T submitted a bid of ₹8,740 crore for the New Delhi Station redevelopment project, which is over ₹3,000 crore higher than the government’s estimate.
LTIMindtree Q3 profit drops 5%; declares dividend of ₹20
The consolidated revenue from operations grew 25.3% to ₹8,620 crore as against ₹6,880.7 crore in the same quarter last fiscal.
LTIMindtree share drops 10% in four days after listing
Extending losing streak for the fourth straight session, LTIMindtree shares declined as much as 2.4% to hit an intraday low of ₹4,575 on the BSE
LTI-Mindtree merged entity ‘LTIMindtree’ falls 2% on listing
Last month, L&T Group announced the merger of its IT subsidiaries in a share swap deal at a ratio of 73 shares of LTI for every 100 shares of Mindtree.
Sensex, Nifty to open in red; L&T, LIC Housing, Infosys, IIFL Finance, NTPC shares in focus
The Sensex and Nifty are set to fall in opening trade on Tuesday, in line with global equities and negative trends on SGX Nifty Futures.
Mindtree terms report claiming merger with L&T Infotech 'speculative'
The two sister concerns are quite distinct in terms of business and clientele, with L&T Infotech more focussed on banking, insurance, etc, whereas Mindtree is predominant in retail and hospitality.
