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Information Technology shares slide

Information Technology shares slide
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L&T Technology share price: Buy L&T Technology Services, target price Rs 3380: Motilal Oswal

Motilal Oswal has buy call on L&T Technology Services Ltd. with a target price of Rs 3380. The current market price of L&T Technology Services Ltd. is Rs 3201.25. Time period given by analyst is one year when L&T Technology Services Ltd. price can reach defined target. L&T Technology Services Ltd., incorporated in the year 2012, is a Mid Cap company (having a market cap of Rs 33483.70 Crore) operating in IT Software sector. Financials For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 1562.60 Crore, up 5.93 % from last quarter Total Income of Rs 1475.10 Crore and up 19.43 % from last year same quarter Total Income of Rs 1308.40 Crore. Company reported net profit after tax of Rs 217.00 Crore in latest quarter.

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