Latest news with #NitinPadmanabhan
Business Insider
4 days ago
- Business
- Business Insider
New Buy Rating for Mphasis Limited (MPHASIS), the Technology Giant
In a report released today, Nitin Padmanabhan from Investec maintained a Buy rating on Mphasis Limited, with a price target of INR2,980.00. The company's shares closed last Friday at INR2,631.10. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Padmanabhan covers the Technology sector, focusing on stocks such as LTIMindtree Limited, L&T Technology Services Ltd., and Mphasis Limited. According to TipRanks, Padmanabhan has an average return of 8.3% and a 56.25% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Mphasis Limited with a INR2,908.11 average price target, a 10.53% upside from current levels. In a report released on July 25, Jefferies also upgraded the stock to a Buy with a INR3,100.00 price target.
Business Insider
20-07-2025
- Business
- Business Insider
LTIMindtree Limited (LTIM) was downgraded to a Sell Rating at Investec
LTIMindtree Limited received a Sell rating and a INR4,960.00 price target from Investec analyst Nitin Padmanabhan today. The company's shares closed last Friday at INR5,124.00. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Padmanabhan covers the Technology sector, focusing on stocks such as LTIMindtree Limited, L&T Technology Services Ltd., and Tech Mahindra Limited. According to TipRanks, Padmanabhan has an average return of 9.8% and a 64.52% success rate on recommended stocks. In addition to Investec, LTIMindtree Limited also received a Sell from Citi's Surendra Goyal in a report issued on July 18. However, on the same day, CLSA maintained a Hold rating on LTIMindtree Limited (NSE: LTIM).
Business Insider
28-06-2025
- Business
- Business Insider
L&T Technology Services Ltd. (LTTS): New Sell Recommendation for This Technology Giant
Citi analyst Rajiv Berlia maintained a Sell rating on L&T Technology Services Ltd. (LTTS – Research Report) yesterday and set a price target of INR4,055.00. The company's shares closed yesterday at INR4,385.60. Confident Investing Starts Here: Berlia covers the Technology sector, focusing on stocks such as Persistent Systems Limited, Tata Technologies Limited, and Coforge Limited. According to TipRanks, Berlia has an average return of 2.9% and a 62.50% success rate on recommended stocks. In addition to Citi, L&T Technology Services Ltd. also received a Sell from Investec's Nitin Padmanabhan in a report issued on June 23. However, on June 26, J.P. Morgan downgraded L&T Technology Services Ltd. (NSE: LTTS) to a Hold. Based on L&T Technology Services Ltd.'s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of INR29.82 billion and a net profit of INR3.11 billion. In comparison, last year the company earned a revenue of INR25.38 billion and had a net profit of INR3.41 billion
