Larsen & Toubro Infotech Ltd
LTI

654.85

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653.80

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Accumulate
Reco. Price
Rs 631.00

Last updated on 30-Nov-2016

We recommend an ACCUMULATE on the stock based on inorganic growth in high end analytics and expansion of its geographical footprint. Revenue growth is also expected to be augmented by the addition of high-value clients. Stock is trading at 9.4x P/E of FY18E earnings. (Target Price: Rs 675)
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50 DMA (.)
626.27
100 DMA (.)
0.00
200 DMA (.)
0.00
Weekly Range (.)
635.00
659.45
Monthly Range (.)
598.00
659.45
52 Weeks Range (.)
598.00
715.00
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