A director at L&T Technology Services Ltd sold after exercising options/sold 4,000 shares at 5,436.000INR and the significance rating of the trade was 55/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company...
The independent financial analyst theScreener just awarded an improved star rating to L&T TECHNOLOGY SERVICES (IN), active in the Heavy Construction industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 1 out of 4 possible stars. Given its market behaviour as moderately risky, theScreener considers that these elements allowing slightly upgrading its general evaluation to Neutral; the title, however, remains unattractive. As of the analysis date ...
L&T TECHNOLOGY: Structural theme remains on track (LTTS IN, Mkt Cap USD7.2b, CMP INR5123, TP INR5670, 11% Upside, Buy) Upward revisions on guidance front to continue L&T Technology Services (LTTS) reported 6% QoQ CC growth in 2QFY22, above our estimate of 5% QoQ CC, led by a broad-based performance across verticals. Operating leverage led to EBIT margin improvement of 110bp QoQ to 18.4% (above our estimate of 16.8%), despite strong employee additions (+6% QoQ) and lower utilization (-110...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
L&T TECHNOLOGY: Remain positive on improving demand outlook (LTTS IN, Mkt Cap USD4.1b, CMP INR2910, TP INR3380, 16% Upside, Buy) Upward revisions to its guidance to continue LTTS reported a 4.3% QoQ CC growth in 1QFY22, above our estimate of 2.8%. Industrial Products/Transportation (+7.8%/+4.3% QoQ) spearheaded this growth. EBIT margin improved by 70bp QoQ, despite a wage hike during 1QFY22, aided by efficiency improvement, better utilization, and ongoing rightsizing of the workforce. T...
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