LTTS reported a net profit of Rs 315.4 crore on Tuesday, up 5.2% over the year for the second quarter. In line with larger peers, Infosys and HCLTech, the company has also slashed its revenue growth guidance for the fiscal from 20% to 17.5-18.5%, due to “delayed decision making”.
HDFC Securities recommended reduce rating on Larsen and Toubro Technology Services with a target price of Rs 4100 in its research report dated October 17, 2023.
Motilal Oswal is bullish on Larsen and Toubro Technology Services recommended buy rating on the stock with a target price of Rs 5210 in its research report dated October 17, 2023.
In line with larger peers, Infosys and HCLTech, the company has also slashed its revenue growth guidance for the fiscal from 20% to 17.5-18.5%, due to “delayed decision making”.
/PRNewswire/ The Global Smart Building Market is projected to grow at a CAGR of 11.1% from 2023 to 2030, according to a new report published by Verified.