Large Cap IT Stock Zoomed 281.62% In 5 Yrs, HDFC Securities Sees Upside, 
Buy For High Returns

Large Cap IT Stock Zoomed 281 .62 % In 5 Yrs, HDFC Securities Sees Upside, Buy For High Returns { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

The stock on Friday last traded at Rs 4,268.05 apiece on NSE, up 0 .69 % as compared to its previous close. { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

The stock hits a new 52 week low on 13 January 2023 at Rs 4,146.50 apiece.

Whereas it recorded a 52- week high last month on 5 December 2022 at Rs 5,107.75 apiece.

In terms of return on investment, the stock has continuously fallen over the past 1 year.

LTIMindtree ( LTIM) delivered its first quarterly performance as a combined entity clocking quarterly revenue of USD 1.05bn and recording deal bookings of USD 1.2bn. { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

"We believe that LTIM can take market share from tier- 1 IT is a 15% revenue CAGR and 17 % earnings CAGR over FY 22 - 25 E."

The stock has been picked from the brokerage report of HDFC Securities. { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

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