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LTIMindtree
LTIMindtree Shares Slide As Brokerages Zero In On Weak Outlook Despite In-Line Q2 Results
Brokerages mixed on LTIMindtree after weak commentary for Q3. Net profit up 7.7%, revenue up 5.92%. EPS estimates lowered, stock falls 3.43%.
LTIMindtree Q2 Results: Net Profit Up 7.7% To ₹1,251 Cr
How Did Adani Enterprises, Tata Consumer Products Perform After Nifty 50 Entry?
LTIMindtree Shares Slide As Brokerages Zero In On Weak Outlook Despite In-Line Q2 Results
LTIMindtree Q2 Results: Net Profit Up 7.7% To ₹1,251 Cr
How Did Adani Enterprises, Tata Consumer Products Perform After Nifty 50 Entry?
Accenture Results Brighten Mood Among TCS, Infosys, Wipro, Other IT Stocks, Brokerages Share Mixed Reactions
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While the rise of generative AI and strong project wins provide reasons for optimism, hurdles remain, according to the brokerages.
Be Selective In IT Stocks As Signs Of Demand Recovery Still Muted, Jefferies Warns
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Jefferies did point out that the U.S. Federal Reserve's larger-than-expected 50 basis points interest rate cut has shifted investors' focus toward the IT sector, as a weaker dollar could help revive client spending and reduce interest burdens on firms.
