LTIMindtree shares erase early gains despite Q1 profit beat

Shares of LTIMindtree erased early beneficial properties and shed 2 per cent on Friday regardless of posting a bit over 10 per cent revenue in Q1GY26. The brokerages supplied blended outlooks on the inventory.

Nuvama Institutional Equities continues to love LTIMindtree given its robust supply capabilities and clientele, and positioning in key verticals. The brokerage has maintained ‘purchase’ score at an elevated goal value from ₹5,200 to ₹6,200 per share. Nuvama additionally acknowledged progress in key initiatives below the brand new management, which has contributed positively to development and margins.

Relying on LTIMindtree’s capabilities in knowledge engineering and ERP modernisation, Motilal Oswal has maintained purchase at a goal value of ₹6,000 per share. The corporate’s first rate begin to FY26, together with the largest-ever TCV win and broad-based vertical efficiency, provides us confidence about our 5.6 per cent CC income development estimate, it mentioned.

Morgan Stanley has maintained equal-weight on the inventory at a goal value of ₹5,400. 

In the meantime, Selection Institutional Equities believes that the slower deal conversions because of unsure macro dynamics would delay the margin enchancment course of to an extent. The agency has retained scale back score at a revised goal value of ₹5,360.

ICICI Securities additionally retained scale back score at a trimmed goal value of ₹4,740, emphasising that the corporate has larger publicity to its discretionary portfolio, constraining its development within the present weak macro.

The digital options supplier posted a ten.6 per cent enhance in consolidated internet revenue to ₹1,254.1 crore in June 2025 quarter as in opposition to ₹1,133.8 crore within the year-ago interval. Its income from operations for the quarter below evaluate elevated 7.6 per cent to ₹9,840.6 crore, in comparison with ₹9,142.6 crore in Q1FY25.

After a constructive opening at ₹5,259.95 in opposition to the earlier shut of ₹5,190.95, the inventory hit a low of ₹5,078.05.As at 11.25 am, it was down 1.35 per cent to ₹5,121 on the BSE.

Revealed on July 18, 2025