LTIM

LTI Mindtree, a large-cap player in the IT software industry, This change is primarily attributed to a shift in the company's valuation grade from fair to attractive. The current price of LTI Mindtree stands at 4,341.70, down from a previous close of 4,477.00. The stock has experienced a 52-week high of 6,764.80 and a low of 4,240.00. Financially, LTI Mindtree has shown flat performance in the third quarter of FY24-25, with a reported PAT of Rs 1,085.40 crore, reflecting a decline of 7.1%. The company's return on equity (ROE) is recorded at 22.08%, while its price-to-book value is 6.10. Despite a challenging year, where the stock has returned -10.89%, LTI Mindtree maintains a healthy long-term growth trajectory, with net sales growing at an annual rate of 29.10%. The stock is currently trading at a discount compared to its peers, with high institutional holdings at 22.44%.