May 1, 2025
Home » I-Sec maintains Hold call on LTIMindtree, lowers target price to Rs 4,410 Jobbery Stock Market update New
I-Sec maintains Hold call on LTIMindtree, lowers target price to Rs 4,410 Jobbery Stock Market update New

ICICI Securities maintains a Hold call on LTIMindtree, revising the target price to Rs 4410 due to a muted performance in the last quarter. Revenue growth was below expectations, impacted by delayed deals, healthcare vertical ramp-down, and top client revenue decline. Despite a flat margin, growth drivers for FY26 appear weak, leading to EPS estimate cuts.

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