LTIMindtree - Another Weak Quarter; Awaiting Growth Recovery
EBITM declined by 70bps QoQ to 14.7%, also falling short of our expectations of 15%, hit by headwinds from project cancellations, higher SG&A...
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LTIMindtree (Q4FY24): Uninspiring Q4. Maintain ADD
LTIMindtree (LTIM) delivered a muted print, impacted by project cancellations in BFSI The company has been impacted by higher exposure to BFSI...
237 Views
IT Sector (Q4FY24E Results Preview): Transition period from ‘gradually’ to ‘eventually’
IT sector (coverage universe) growth is expected to bottom out in Q4FY24 and recover ‘gradually’ in FY25E. The slowdown in macro is still a...
367 Views
LTIMindtree: Deferred Gratification. Maintain ADD
LTIMindtree’s (LTIM) growth deceleration has been impacted by higher exposure to BFSI (with potential for deterioration due to client-specific...
350 Views
HSIE Results Daily: Asian Paints, LTIMindtree
Asian Paints: APNT’s revenue grew 5.4% in Q3 to INR 91.0bn (HSIE: INR 91.9bn). Decorative clocked 12/5.5% volume/value growth and industrial...
367 Views