Analyst Rating
based on 26 analysts
15.38%
Buy
19.23%
Hold
65.38%
Sell
Based on 26 analysts offering long term price targets for L&T Technology Services Ltd. An average target of ₹4865.19
Source: S&P Global Market Intelligence
L&T Technology Services Ltd Share analysis
L&T Technology Services Ltd price forecast by 26 analysts
Downside of
High
₹6600
Target
₹4865.19
Low
₹3330
L&T Technology Services Ltd target price ₹4865.19, a slight downside of -14.09% compared to current price of ₹5478.05. According to 26 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
L&T Technology Services Ltd revenue growth forecast
Expected growth rate Q1, FY2026:23.13%
Forecast
Actual
Including amortisation and stock based compensations
L&T Technology Services Ltd EPS growth forecast
EPS estimate Q1, FY2026:22.65%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹5,412.5₹5,686.5552 Week's Low
52 Week's High
₹4,111₹6,000
| Returns % | |
| 1 Month Return | + 7.18 % |
| 3 Month Return | + 16.45 % |
| 1 Year Return | + 21.45 % |
| Market Stats | |
| Previous Close | ₹5,663.40 |
| Open | ₹5,665.00 |
| Volume | 1.80L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹59,940.03Cr |
Key Statistics
| P/E Ratio | 45.84 |
| PEG Ratio | 6.53 |
| Market Cap | ₹59,940.03 Cr |
| P/B Ratio | 11.5 |
| EPS | 123.24 |
| Dividend Yield | 0.91 |
| Sector | IT - Software |
| ROE | 27.19 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| ₹59,940.03 Cr | 50.23% | 0.56 | ₹1,306 Cr | ₹9,647 Cr | ||
| BUY | ₹22,015.60 Cr | 145.39% | 0.50 | ₹297 Cr | ₹1,842 Cr | |
| ₹48,002.64 Cr | 221.5% | 0.55 | NA | NA | ||
| BUY | ₹46,675.97 Cr | 82.76% | 0.57 | ₹835 Cr | ₹9,179 Cr | |
| HOLD | ₹82,829.77 Cr | 344.13% | 0.52 | ₹1,093 Cr | ₹9,821 Cr |
Company Information
Share Price: ₹5478.05 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹59,940.03Cr as of today
Revenue: ₹2,461.90Cr as on June 2024 (Q2 24)
Net Profit: ₹313.90Cr as on June 2024 (Q2 24)
Listing date: 23 Sep, 2016
Chairperson Name: A M Naik
| Organisation | L&T Technology Services Ltd |
| Headquarters | Vadodara |
| Industry | IT - Software |
| E-voting on shares | Click here to vote |
Key events for L&T Technology Services Ltd
L&T Technology Services Achieves Top Supplier Status - 03 Sep, 2024
L&T Technology Services has been recognized as a Partner-level supplier by John Deere for the fourth consecutive year, reflecting its commitment to quality and continuous improvement in engineering services.
L&T Technology Services Reports Strong Financial Growth - 02 Sep, 2024
L&T Technology Services Ltd shows robust financial performance with a 9.7% revenue increase and a 9.1% rise in net profit for FY24. The share price has appreciated by 31% over the past year.
L&T Technology Services Sees Strong Stock Performance - 01 Sep, 2024
L&T Technology Services and LTIMindtree have experienced significant stock gains of 14-18% over the past fortnight, outperforming the Nifty IT index. This positive trend is attributed to recovery in key verticals and a favorable medium-term outlook, leading to stock upgrades by brokerages.
L&T Technology Services Aims for $2 Billion Revenue - 30 Aug, 2024
L&T Technology Services (LTTS) aims to be among the Top 5 Global ER&D service companies, targeting $2 billion in revenue with improved EBIT margins. The company maintains a 'Buy' rating with a revised price target of Rs 6,500, focusing on growth in Mobility, Sustainability, and Tech segments.
L&T Technology Services Unveils Growth Strategy Amid Challenges - 29 Aug, 2024
L&T Technology Services recently launched its 'Go deeper to Scale' strategy, aiming for $2 billion in medium-term revenue. However, concerns over high valuations, competition, and reliance on technology exports pose risks to growth.
L&T Technology Services Targets $2 Billion Revenue Growth - 28 Aug, 2024
L&T Technology Services management aspires to achieve a $2 billion revenue run rate and EBIT margin of 17-18%. Brokerages maintain positive ratings, with Motilal Oswal setting a target price of Rs 6,300, indicating a 15% upside. The new go-to-market strategy focuses on Mobility, Sustainability, and Tech, aiming for each segment to generate $1 billion in revenue.
L&T Technology Services Partners with Thales for Growth - 22 Aug, 2024
L&T Technology Services announced a new contract with Thales, enhancing their collaboration to offer innovative business models and software monetization solutions, resulting in a 1.5% share price increase.
L&T Technology Services Partners with Thales for Innovation - 21 Aug, 2024
L&T Technology Services has signed a new contract with Thales, extending their collaboration to leverage Thales Sentinel for innovative business models in high-tech, sustainability, and mobility sectors.
L&T Technology Services Shows Strong Technical Momentum - 19 Aug, 2024
L&T Technology Services has gained momentum, trading above its 200-day exponential moving average. The stock has formed a Triple Bottom pattern and recently surpassed the Rs 5,200 resistance level, indicating potential for further gains. A buy recommendation is suggested in the Rs 5,200-5,210 range, targeting Rs 5,800-5,850, with a stop loss below Rs 4,800.
L&T Technology Services Partners with Shell - 13 Aug, 2024
L&T Technology Services has entered a multi-year framework agreement with Shell, providing integrated engineering, procurement, and digital project management services for Shell's global assets.
L&T Technology Services Shares Rise Amid Digital Innovations - 07 Aug, 2024
L&T Technology Services highlights its capabilities in digital twin technology, contributing to operational efficiency. Shares increased to ₹4,995.70, reflecting positive market sentiment.
Insights on L&T Technology Services Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 8.41% to 8.54% in Jun 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, LTTS stock has moved up by 27.2%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 2.85% to 3.61% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Rail Vikas Nigam Ltd has given 1628.2% return, outperforming this stock by 1601.0%
- NO EFFECT
Against Peers
In the last 1 year, Rail Vikas Nigam Ltd has given 220.9% return, outperforming this stock by 199.4%
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 2 quarters, 340.9 Cr → 313.6 Cr (in ₹), with an average decrease of 8.0% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 5.51% to 4.46% in Jun 2024 quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 73.74% to 73.69% in Jun 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 2.59K Cr → 2.52K Cr (in ₹), with an average decrease of 2.7% per quarter
News
L&T bags Rs 1000-2500 crore order for manufacturing automobile plant in Bengaluru
L&T bags Rs 1000-2500 crore order for manufacturing automobile plant in Bengaluru - New Delhi [India], July 31 : Larsen & Toubro's buildings and factories (B&F) business vertical has won an order ... Get Latest News on Business only on lokmattimes.com31 Jul, 2024 08:34 PMRamco Cements, LandT Finance among 5 stocks with short covering - What is short-covering?
Short covering refers to the buying of shares to close an existing short position, signaling a shift from extreme bearishness to bullishness. In Wednesday's trading session, five stocks saw short covering. Here's the list: What is short-covering?31 Jul, 2024 08:47 PML&T Share Price Target 2024: Company bags NEW order - BUY, SELL or HOLD? Brokerage views
L&T Share Price Target 2024: The company has expertise and experience to undertake all types of engineering, procurement and construction (EPC) projects for a variety of sectors., Markets News, ET Now01 Aug, 2024 12:53 AMCompany Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 73.69% | ||
| Foreign Institutions | 4.46% | ||
| Mutual Funds | 3.61% | 26.62 | |
| Retail Investors | 8.54% | 1.49 | |
| Others | 9.69% | 2.31 |
Key Indicators
L&T Technology Services Ltd Valuation
L&T Technology Services Ltd in the last 5 years
Lowest (13.16x)
March 23, 2020
Industry (40.93x)
September 17, 2024
Today (45.84x)
September 17, 2024
Highest (72.07x)
November 17, 2021
Earnings and Dividends
L&T Technology Services Ltd Earnings Results
L&T Technology Services Ltd’s net profit jumped 0.8% since last year same period to ₹313.60Cr in the Q1 2024-2025. On a quarterly growth basis, L&T Technology Services Ltd has generated -8.01% fall in its net profits since last 3-months.
Read More about Earnings ResultsL&T Technology Services Ltd Dividends April,2024
In the quarter ending March 2024, L&T Technology Services Ltd has declared dividend of ₹33 - translating a dividend yield of 1.41%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
L&T Technology Services Ltd is currently in a Neutral trading position according to technical analysis indicators.
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L&T Technology Services Ltd (LTTS) share price today is ₹5478.05
L&T Technology Services Ltd is listed on NSE
L&T Technology Services Ltd is listed on BSE
- Today’s highest price of L&T Technology Services Ltd is ₹5686.55.
- Today’s lowest price of L&T Technology Services Ltd is ₹5412.5.
PE Ratio of L&T Technology Services Ltd is 45.84
PE ratio = L&T Technology Services Ltd Market price per share / L&T Technology Services Ltd Earnings per share
Today’s traded volume of L&T Technology Services Ltd(LTTS) is 1.80L.
Today’s market capitalisation of L&T Technology Services Ltd(LTTS) is ₹59940.03Cr.
| L&T Technology Services Ltd(LTTS | Price |
|---|---|
52 Week High | ₹6000 |
52 Week Low | ₹4111 |
L&T Technology Services Ltd(LTTS) share price is ₹5478.05. It is down -8.70% from its 52 Week High price of ₹6000
L&T Technology Services Ltd(LTTS) share price is ₹5478.05. It is up 33.25% from its 52 Week Low price of ₹4111
| L&T Technology Services Ltd(LTTS | Returns |
|---|---|
1 Day Returns | -185.35% |
1 Month Returns | 7.18% |
3 Month Returns | 16.45% |
1 Year Returns | 21.45% |