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ONE STOCK READY FOR BIG UPMOVE IN NEXT 1 TO 2 WEEK

POSSIBLE 10% TO 20% UC IN ONE GO

STOCK RECO IN LAST 1 TO 2 MONTHS

STAY TUNNED
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RIL AGAIN ON RADAR 22nd JAN RESULTS AFT RESULT IT WLD GET DIRECTION EXPECTED T0 CROSS ALL TIME HIGH IN NEXT 2 TO 4 MONTH
RIL

CROSSING IMPORTANT LEVEL OF 2030 AFTER HUGE CONSOLIDATION AND RANGE BOUND

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LTTS - Larsen & Toubro Infotech
CFO Ashok Kumar Sonthalia resigns
L&T Infotech (LTI) sees double digit growth in FY22 a high possibility , strong deal pipeline ahead

Sanjay Jalona, CEO & MD said, β€œWe are pleased to deliver a strong quarter with 5.8% QoQ growth in USD revenues. This has been driven by healthy growth momentum across our portfolio. We continue to see strong demand for cloud-based IT solutions. Our tier 1 level partnership with the hyperscalers enables us to work closely on client outcomes and go-to-market opportunities. We are happy to announce two large deals with cumulative net new TCV of USD 278 million. We remain focused on building and scaling differentiated capabilities. A healthy deal pipeline and sustained client mining make us optimistic about the future."

Jalona said that the IT company has closed 2 large deals of about USD 280 mn in Q3. He added that the company has announced the largest deal ever in December 2020 with Injazat, this will contribute revenues in the technology vertical. Another deal of USD 75 mn Net new TCV is in the area of Oil & gas vertical which will start contributing to revenues in the next two quarters. In terms of performance of verticals, Jalona said, Oil & gas vertical was impacted due to volatility in crude prices and covid impact. They are cautious of customer spends in the oil & gas vertical. Insurance has been a weak vertical for the 4-6 quarters. However, they are looking at closing some deals here.
L&T Technology Services

update

QOQ

REVENUE up 6% - 1449.5 cr vs 1370 cr

NP up 12% - 186cr vr 165.5cr





YOY Decreasing

Q3FY21

Rev Down 1.5% YOY
1400.7cr VS 1423cr

EBITDA 275 cr VS 286cr

EBITDA MARGIN # 18%

PAT Down 9% YOY
186 cr vs 204 cr,

EPS # 17.97 vs 18.79

QoQ

Reults is Improving

9M Ended EPS # 45.79 vs 56.85

Strong Cashflows

Concentration risk going down

Transportation & Plant engineering remain in stress (down 20%)
Telecom & Medical devices had a recovery.

During the quarter, LTTS won 7 deals with TCV of USD10 million plus, which includes a USD100 million plus deal and 2 USD15 million plus deals. Revenues from digital and leadingedge technologies stood at 49% during the quarter.

"We had a strong performance with sequential improvement in both revenue and operating margin. All five of our industry segments grew sequentially, with three segments recording growth of 5% plus. Deal wins were especially strong in the quarter helped by a marquee USD100M plus engagement with an O&G major - a validation of our best-in-class domain expertise and deep customer relationships.

The deal pipeline is healthy across segments as customers prioritize business transformation to improve efficiency and productivity. We are leveraging newer technologies like Digital Thread, IoT and AI to further our positioning as innovation partners to our customers. I would like to highlight that the strong uptick in Industrial Products has been led by deals involving digital led transformational programs", said Dr. Keshab Panda, CEO & Managing Director, L&T Technology Services Limited.
LTTS Q3 FY21
BROKRAGE HOUSE ON LTTS