L&T Technology Services Ltd
LTTS

768.25

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766.00

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Accumulate
Reco. Price
Rs 742.00
We recommend ACCUMULATE on expectations of company benefiting from growth in ER&D. Further, company’s strategy of T30 model is expected to drive revenue in coming fiscals. Stock is currently trading premium valuation of 13.2x P/E on FY18E earnings. (Target Price- Rs.795)
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50 DMA (.)
773.25
100 DMA (.)
793.94
200 DMA (.)
0.00
Weekly Range (.)
729.00
758.80
Monthly Range (.)
729.00
804.00
52 Weeks Range (.)
729.00
931.45
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