logo
#

Latest news with #LTIMindtree

LTIMindtree Share Price Live Updates: LTIMindtree experiences a decline below its 20-day EMA
LTIMindtree Share Price Live Updates: LTIMindtree experiences a decline below its 20-day EMA

Time of India

time16 hours ago

  • Business
  • Time of India

LTIMindtree Share Price Live Updates: LTIMindtree experiences a decline below its 20-day EMA

24 Jul 2025 | 09:22:37 AM IST Stay up-to-date with the LTIMindtree Stock Liveblog, your trusted source for real-time updates and thorough analysis of a prominent stock. Explore the latest details on LTIMindtree, including: Last traded price 5266.5, Market capitalization: 157005.97, Volume: 15778, Price-to-earnings ratio 33.27, Earnings per share 159.24. Get a comprehensive understanding of LTIMindtree with our coverage of both fundamental and technical indicators. Stay informed about breaking news that can have a significant impact on LTIMindtree's performance. Our expert opinions and recommendations empower you to make well-informed investment choices. Trust the LTIMindtree Stock Liveblog to keep you informed and equipped in the dynamic market landscape. The data points are updated as on 09:22:37 AM IST, 24 Jul 2025 Show more

Nifty scales above 25,150; IT shares advance
Nifty scales above 25,150; IT shares advance

Business Standard

timea day ago

  • Business
  • Business Standard

Nifty scales above 25,150; IT shares advance

Domestic equity indices traded with modest gains in early-afternoon trade, supported by positive global cues. Investors will closely monitor IPO activity, the India-US trade deal, and developments on the tariff front. The Nifty traded above 25,150 mark. IT shares advanced after declining in the past two consecutive trading sessions. At 12:30 IST, the barometer index, the S&P BSE Sensex advanced 376.80 points or 0.46% to 82,574.42. The Nifty 50 index added 111.55 points or 0.44% to 25,167.45. In the broader market, the S&P BSE Mid-Cap index declined 0.15% and the S&P BSE Small-Cap index shed 0.10%. The market breadth was positive. On the BSE, 1,715 shares rose and 2,101 shares fell. A total of 195 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 1.90% to 10.55. The Nifty 31 July 2025 futures were trading at 25,201 at a premium of 33.55 points as compared with the spot at 25,167.45. The Nifty option chain for the 31 July 2025 expiry showed a maximum call OI of 63.3 lakh contracts at the 26,000 strike price. Maximum put OI of 63.8 lakh contracts was seen at 25,000 strike price. Buzzing Index: The Nifty IT index gained 0.49% to 37,041.05. The index fell 0.76% in the past two consecutive trading sessions. LTIMindtree (up 1.50%), Infosys (up 0.74%), HCL Technologies (up 0.55%), Oracle Financial Services Software (up 0.44%), Tata Consultancy Services (up 0.42%) and Wipro (up 0.06%) advanced. On the other hand, Mphasis (down 2.34%), Persistent Systems (down 1.23%) and Coforge (down 0.08%) edged lower. Stocks in Spotlight: Welspun Specialty Solutions (WSSL) declined 3.18% after the company reported a net loss of Rs 0.75 crore in Q1 FY26, compared to a net profit of Rs 1.95 crore posted in Q1 FY25. However, revenue from operations jumped 24.19% year-on-year (YoY) to Rs 201.32 crore in the quarter ended 30 June 2025. Aurionpro Solutions tumbled 6.47%. The company has reported a 14% increase in net profit to Rs 51 crore on a 29% rise in revenue to Rs 337 crore in Q1 FY26 as compared with Q1 FY25.

Nifty scale above 25,150; IT shares advance
Nifty scale above 25,150; IT shares advance

Business Standard

timea day ago

  • Business
  • Business Standard

Nifty scale above 25,150; IT shares advance

Domestic equity indices traded with modest gains in early-afternoon trade, supported by positive global cues. Investors will closely monitor IPO activity, the India-US trade deal, and developments on the tariff front. The Nifty traded above 25,150 mark. IT shares advanced after declining in the past two consecutive trading sessions. At 12:30 IST, the barometer index, the S&P BSE Sensex advanced 376.80 points or 0.46% to 82,574.42. The Nifty 50 index added 111.55 points or 0.44% to 25,167.45. In the broader market, the S&P BSE Mid-Cap index declined 0.15% and the S&P BSE Small-Cap index shed 0.10%. The market breadth was positive. On the BSE, 1,715 shares rose and 2,101 shares fell. A total of 195 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, slipped 1.90% to 10.55. The Nifty 31 July 2025 futures were trading at 25,201 at a premium of 33.55 points as compared with the spot at 25,167.45. The Nifty option chain for the 31 July 2025 expiry showed a maximum call OI of 63.3 lakh contracts at the 26,000 strike price. Maximum put OI of 63.8 lakh contracts was seen at 25,000 strike price. Buzzing Index: The Nifty IT index gained 0.49% to 37,041.05. The index fell 0.76% in the past two consecutive trading sessions. LTIMindtree (up 1.50%), Infosys (up 0.74%), HCL Technologies (up 0.55%), Oracle Financial Services Software (up 0.44%), Tata Consultancy Services (up 0.42%) and Wipro (up 0.06%) advanced. On the other hand, Mphasis (down 2.34%), Persistent Systems (down 1.23%) and Coforge (down 0.08%) edged lower. Stocks in Spotlight: Welspun Specialty Solutions (WSSL) declined 3.18% after the company reported a net loss of Rs 0.75 crore in Q1 FY26, compared to a net profit of Rs 1.95 crore posted in Q1 FY25. However, revenue from operations jumped 24.19% year-on-year (YoY) to Rs 201.32 crore in the quarter ended 30 June 2025. Aurionpro Solutions tumbled 6.47%. The company has reported a 14% increase in net profit to Rs 51 crore on a 29% rise in revenue to Rs 337 crore in Q1 FY26 as compared with Q1 FY25.

Europe revival helps IT survive quarter shocks
Europe revival helps IT survive quarter shocks

Time of India

time2 days ago

  • Business
  • Time of India

Europe revival helps IT survive quarter shocks

Academy Empower your mind, elevate your skills Robust outsourcing demand from Europe helped cushion revenue growth in at least three of India's top six software services exporters during the June quarter. LTIMindtree , and Tech Mahindra gained new business from European clients, marking a revival for the region after three quarters of deal slowdown. Overall revenues in these companies rose in low single digits in the three months ended June."Europe has become an interesting case of late. It is starting to build tech capabilities to maintain its tech sovereignty, which at the moment is heavily US is some regionality in the recovery of IT spend in Europe in the first half of calendar year 2025," said Ashutosh Sharma, vice president and research director at US-based research and advisory firm said UK, Ireland, and Benelux (Belgium, the Netherlands, and Luxembourg-three neighbouring countries in Western Europe) are doing fairly well even as other major economies such as France and Germany have stayed mostly flat or slowed momentum has picked up pace, especially in cloud, generative AI , digital and cybersecurity, experts said. In June, ET reported that deal activity in Europe increased about 5% sequentially after three quarters of sluggishness. Europe comprises around 20-30% of the global market for India's top-tier IT firms while the US is at 40-50%.The recovery in deal activity comes at a time when the US, the world's largest technology outsourcing market, navigates trade and tariff-led policy uncertainties. In Europe, after 17 deals signed during October to December 2024, the momentum accelerated to 30 in the March quarter, showed a BNP Paribas report based on publicly available key large deals. A total of 14 deals were signed in Europe this April and May. Based on Q1FY26 earnings, HCLTech, India's third-largest IT company, recorded a 9.6% growth in constant currency terms in Europe, the second-fastest pace among regions industry leader Tata Consultancy Services (TCS), while Europe contracted due to a slowdown in banking and financial services (BFS) sector, insurance demand improved. TCS also announced at least two large deals in the region-one each a large pharmaceutical and agrochemical company, and a transport company.

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

Time of India

time3 days ago

  • Business
  • Time of India

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

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

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store