DSIJ Mindshare

In today's day trading session, LTIMindtree Ltd exhibited a slight decline, opening at Rs 5600 and experiencing fluctuations throughout the day. The stock reached a high of Rs 5615.95 but encountered a low of Rs 5515.6 before settling at a current market price (CMP) of Rs 5535. Closing below, the previous day's mark of Rs 5588.5, it was down by 0.96 per cent.

Companiy's equity derivatives market share has grown significantly from April to September 2023, reaching 7.4 per cent after the introduction of BANKEX derivatives contracts.

the company has secured a substantial Purchase Order worth Rs 17.64 Crores for supplying 1 KW HF and SATCOM Equipment, with the contract formalized on November 1, 2023. The esteemed client for this deal is M/s. Cochin Shipyard Limited.

Additionally, another notable Purchase Order, valued at Rs 1.61 Crore, has been received for Automatic Test Equipment (ATE) dedicated to Radar Equipment. This contract was also confirmed on November 1, 2023, with Satish Dhawan Space Centre – SHAR, ISRO, as the client.

The FII’s have increased their stake from 11.92 per cent to 18.16 per cent, witnessing the most aggressive FII buying in this period under banking space.   

The company’s net profit witnessed a three-fold jump to an all-time high level of Rs 412 crore