LTIMINDTREE EARNINGS
Buy, Sell or Hold: Motilal Oswal maintain sell on Wipro; retains buy on LTIMindtree post Q2 results
Brokerages show mixed views this earnings season — Motilal Oswal stays bullish on LTIMindtree, bearish on Wipro, while Morgan Stanley backs HPCL on strong refining margins and steady demand.
LTIMindtree shares in focus after Q2 PAT rises 12% YoY. Should you buy now?
LTIMindtree posted a 12% YoY rise in Q2 FY26 PAT to Rs 1,401 crore, driven by steady business momentum and cost optimizations. Revenue grew 10% YoY to Rs 10,394 crore. Brokerages Nuvama and Motilal Oswal maintained ‘Buy’ ratings, citing strong constant-currency growth, expanding EBIT margins, and robust total contract value, while projecting continued growth in H2 FY26.
Infy, Eternal Q2 report; Zepto's latest funding round
Happy Friday! As the earnings season progresses, IT giants Infosys and Wipro, and Eternal, reported their Q2 numbers. This and more in today's ETtech Morning Dispatch.
Stocks in news: RIL, Infosys, Wipro, Jio Financial, Tata Steel
Indian markets saw a strong rally on Thursday, with the Nifty 50 surpassing 25,600, driven by domestic earnings recovery optimism and positive global cues. Key companies like RIL, Infosys, and Wipro reported their second-quarter results, influencing trading activity. Analysts suggest a "buy on dips" strategy amidst sectoral rotation.
Infosys' strong Q2; Eternal triples revenue
Infosys announced a strong Q2 with high profit and revenue. This and more in today's ETtech Top 5.
LTIMindtree Q2 Results: Cons PAT jumps 12% YoY to Rs 1,401 crore, revenue up 10%
LTIMindtree reported a 12% year-on-year jump in consolidated Q2 net profit to Rs 1,401 crore, with revenue rising 10% to Rs 10,394 crore. The IT firm also declared a Rs 22 per share dividend.
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How Rs 78 lakh crore mutual fund industry tweaked portfolios after GST rate cut, before Q2 results
In September, mutual funds rebalanced portfolios, increasing exposure to banks, automobiles, and select sectors, while trimming technology and consumer stocks; key buying seen in HDFC Bank, ICICI Bank, Kotak, and Tata Steel.
Anand James on Nifty’s path to 26,000, sector trends, and top stock picks for the week
Geojit Investments' Anand James sees Nifty reaching 25,460 near-term and 26,000 as a realistic milestone, citing room for upside. He discusses banking and IT sector trends, tactical views on Tata Communications and BSE, and offers top trading ideas for Rajesh Exports and Intellect Design.
Largecap IT shows resilience amid regulatory headwinds: Sushovan Nayak
Largecap IT firms demonstrate resilience against regulatory challenges and demand uncertainties, with free cash flow yields between 5-6%. Analysts anticipate a 7% EPS CAGR from FY26-FY28, favoring Infosys, LTIMindtree, and HCL Tech for their stability and cash flow strength.
Tech Trouble: Nifty IT sinks, but Infosys and HCL Tech emerge as “BUY” opportunities
Nifty IT Index has dropped nearly 11% in the last three months as macro pressures, pricing challenges, and weak client demand weigh on the sector. Despite the broader slowness, HDFC Securities upgrades Infosys and HCL Tech to “BUY” on attractive valuations and AI-driven growth, while mid-tier IT companies may see muted performance in FY26.
Indian IT faces flat Q2 amid sluggish global tech spending
While the weakening rupee could cushion margins after a soft first quarter, at least three analyst reports warned that discretionary IT spending may remain muted as talk of potential US tariffs, along with uncertainty around inflation and policy shifts, continue to weigh on corporate budgets.
Infosys, other IT stocks slide up to 2% after Accenture reports Q4 results
Indian IT stocks experienced a decline following Accenture's Q4 results, which revealed a 7% year-on-year revenue growth. Despite this growth, Accenture's shares fell, impacting Indian IT ADRs. Concerns over muted demand, AI deflation, and H1B visa uncertainties are weighing on the Indian IT sector, although valuations are currently considered reasonable.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian markets ended lower as IT stocks slumped after the U.S. raised H-1B visa costs to $100,000. Analysts say the correction is healthy, with Nifty support at 25,050 and consumption-focused sectors expected to drive medium-term gains.
TCS to announce Q2 results on October 9, consider second interim dividend for FY26
TCS will announce Q2 results and consider a second interim dividend on October 9, with October 15 as record date. Shares slipped 3% amid Trump’s $100,000 H-1B visa fee shock, pressuring IT stocks.
Contra view: H1-B visa blow can be margin boon for IT companies. What’s next for tech stocks?
Indian IT stocks slid after Trump’s $100,000 H-1B visa fee order, but Motilal Oswal sees margin benefits from higher offshore work. Brokerages suggest selective bets on HCL Tech, Tech Mahindra, Coforge, Infosys, and TCS amid sector volatility.
IT stocks foot Rs 82,600 crore bill for $100,000 H-1B visa. Time to sell?
Indian IT stocks plunged up to 5% after Donald Trump hiked H-1B visa fees to $100,000, erasing Rs 82,600 crore market value. Analysts warn margin pressure, rising wages, and profitability risks could deepen challenges for software exporters.
H-1B math pegs cost at USD 500 mn for 5,000 new filings; may spur offshoring, local hiring: Experts
New H-1B visa fees may push IT firms to offshore expansion or local hiring. The USD 100,000 fee impacts FY27 petitions. Companies might avoid new filings. On-site revenues could fall, but margins may improve. The fee hike faces legal challenges. Indian IT reduces H-1B reliance. Nasscom notes minimal sector impact. Local hiring and upskilling increase.
Indian IT firms downplay impact of US H-1B fee hike, but analysts warn of medium-term cost pressure
Indian IT companies reassure investors about the 100,000 USD H-1B visa fee. Companies like Coforge and Persistent Systems state limited impact due to fewer visa applications. They are focusing on local hiring. Analysts predict potential cost increases in the future. Morgan Stanley suggests mid-cap firms may face more exposure. The regulation might accelerate the shift towards offshore delivery centers.
TCS or Infosys? Which IT company has the highest share of H-1B visa employees
Trump’s $100,000 H-1B fee will make sending Indian IT engineers to the US costly, hitting firms like Infosys, TCS, and Hexaware, which rely heavily on H-1B employees for US revenue.
US visa shocker: Indian industry says $100,000 H-1B fee hike a disruptor, cries foul over deadline
The US decision to hike H-1B visa application fees to USD 100,000 has sparked concerns for the Indian IT sector, potentially disrupting onshore projects and impacting business continuity. Nasscom has urged companies to bring back employees, while the Indian government engages with the US to find a solution.
H-1B fee deepens sell-off fears for already battered Indian IT stocks. What to expect on Monday?
Indian IT stocks came under pressure after US President Donald Trump announced a steep hike in H-1B visa fees to $100,000 per year. While the increase applies only to fresh applications, it has rattled investors given that over 70% of H-1B holders are Indians. ADRs of leading IT firms plunged immediately, underscoring the sector’s vulnerability.
US visa shocker: Indian industry says $100,000 H-1B fee hike a disruptor, cries foul over deadline
The US has hiked H-1B visa application fees to USD 100,000, sparking concerns for the Indian IT sector already grappling with global economic challenges. Nasscom warns of business disruptions, urging members to bring back employees in US. The move impacts Indian tech professionals significantly, potentially altering hiring strategies and accelerating offshoring, even as some industry leaders downplay the long-term effects.
H-1B visa application fee hike will hit Indian tech cos; 1-day deadline a concern, warns Nasscom
Nasscom has warned that the US decision to raise H-1B visa fees to USD 100,000 will disrupt India’s IT services sector, affecting business continuity for onshore projects. The industry body flagged the September 21 one-day implementation deadline as creating uncertainty for businesses, professionals, and students.
India's most hated stocks now contra bets for Rs 75 lakh crore mutual fund industry. Here's why
Indian fund managers are investing in IT stocks despite market concerns. Mutual funds increased IT sector allocation amidst a downturn. Infosys is a top pick, attracting significant investment. The sector's decline has led to attractive dividend yields. Experts see potential for improvement in the IT sector. However, AI poses a significant threat to revenue.
IT stocks rally up to 8%: Here’s what is fueling the surge
Indian IT stocks continued their rebound on Tuesday, with the Nifty IT index posting gains for the second straight session. Broad-based buying lifted both large- and mid-cap stocks, driven by renewed sector optimism.
IT expands Australia, Middle East, Nordic revenue streams to cut US drama
Indian IT firms are strategically diversifying revenue streams beyond the US market, targeting regions like Australia, the Middle East, and the Nordics through new centers and acquisitions. This expansion addresses rising technology spending in these areas and mitigates risks associated with US market volatility and visa challenges. Companies are also bolstering cybersecurity and consulting capabilities to meet growing regional demands.
LTIMindtree shares drop 2% after Q1 show fails to cheer D-Street
LTIMindtree posted an 11% YoY rise in Q1FY26 profit to Rs 1,255 crore, with revenue up 8% YoY to Rs 9,841 crore. Margins expanded 50 bps, and dollar revenue grew 5.2%.
LTIMindtree Q3 Results: Cons PAT falls 7% YoY to Rs 1,085 crore, revenue rises 7%
LTIMindtree Q3 Results: Revenue from operations in Q3 FY25 stood at Rs 9,661 crore, a 7.1% increase from Rs 9,017 crore in the same period last year. However, profit after tax declined 13.2% sequentially to Rs 1,251 crore compared to Q2 FY25.
LTIMindtree Q2 Results: Net profit falls 2% YoY; dividend declared at Rs 20/ share
LTIMindtree's revenue from operations, meanwhile, jumped 8% to Rs 8,905 crore in the second quarter. The same stood at Rs 8,228 crore in the last year quarter.The company's board has approved an interim dividend of Rs 20 per equity share. The record date for the same is fixed as October 27.
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