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LTIMindtree Share Price Live Updates: LTIMindtree's Trading Day Recap

LTIMindtree Share Price Live Updates: LTIMindtree's Trading Day Recap

Time of India22-07-2025
22 Jul 2025 | 08:55:11 AM IST Stay informed with the LTIMindtree Stock Liveblog, your comprehensive resource for real-time updates and in-depth analysis of a leading stock. Get the latest details on LTIMindtree, including: Last traded price 5154.0, Market capitalization: 152705.57, Volume: 182552, Price-to-earnings ratio 32.37, Earnings per share 159.24. Our liveblog combines fundamental and technical insights to provide a holistic view of LTIMindtree's performance. Stay ahead of the market with breaking news that can influence LTIMindtree's trajectory. Our expert analysis and stock recommendations empower you to make well-informed financial decisions. Trust the LTIMindtree Stock Liveblog for up-to-date information and expert insights. The data points are updated as on 08:55:11 AM IST, 22 Jul 2025 Show more
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Hiring dips sharply at major IT Firms in Q1; What's behind the slowdown in India's $283-billion outsourcing industry? Check details
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Representative AI image If job additions are the pulse check for India's $283-billion outsourcing sector, the June quarter showed worrying signs, with payroll data painting a less-than-ideal picture. These six leading IT companies added only 3,847 positions during April-June, representing a substantial 72% reduction from 13,935 recruitments in the previous quarter, according to recent financial reports. Only TCS and Infosys, the two largest software service providers, increased their workforce by 5060 and 210 personnel respectively between April and June. The other four companies - HCLTech, Wipro, TechM and LTIMindtree - collectively reduced their workforce by 1,423 individuals, ET This trend coincides with the outsourcing industry's revenue challenges, where growth typically correlates with employee numbers. Artificial Intelligence-driven efficiencies are enabling IT providers to accomplish technical work with reduced staff numbers. 'The current stagnancy in headcount additions potentially reflects a strategic recalibration. This shift is driven by the widespread adoption of AI, automation and cloud-based architectures, which have significantly reshaped hiring trends across the IT industry,' Milind Shah, managing director at recruitment firm Randstad Digital India told ET. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Indian Investors Are Buying These Dubai Apartments—Here's Why Binghatti Developers FZE Explore Undo The £283-plus billion revenue IT sector is experiencing a disconnect between revenue growth and talent acquisition due to AI implementation, leading to an emphasis on efficiency, innovation and strategic workforce planning. The integration of AI-powered automation is transforming operational models, necessitating organisations to focus on digital advancement, staff development and sophisticated recruitment approaches. 'As conventional roles evolve, hiring has become more selective and aligned with core business objectives. Simultaneously, organisations are transforming workforce strategies by redeploying existing talent through upskilling programs and capability development rather than expanding workforce numbers,' Shah added. Entry-level recruitment, previously the foundation of IT firms' pyramid-model workforce, has decreased by 50% compared to pre-pandemic levels, according to Teamlease data. "Over the last few quarters, when we added revenue, the headcount has not necessarily increased. So, there is a correlation or a non-linearity, but it is too early to call out to what extent it will happen," LTIMindtree chief Venugopal Lambu told ET after the Q1FY26 results, However, January to June 2025 showed positive workforce growth for the first time in three years. In contrast, the same period in 2024 and 2023 saw declines of 14,000 and 32,000 employees, respectively. Despite announcing strong fresher hiring plans, companies remain cautious with lateral hiring due to uncertain demand, global tariff pressures, and conservative client spending. Together, these firms now employ about 16.25 lakh people still lower than the 16.58 lakh workforce recorded in June 2022. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

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