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Re: L&T infotech

Posted: Sat Aug 04, 2018 11:17 pm
by Pee Vee
mjayaprakash wrote:
Sat Aug 04, 2018 8:32 am
BIG applause to you @VALUEPICKER, the stock has just doubled in less than an year after you posted in this forum.

Unfortunately I didn't buy when you shared the idea :idea: here for the group's benefit.
Agreed. Superb stock pick and that too a blue chip company with excellent credentials.

Re: L&T infotech

Posted: Sun Aug 05, 2018 8:10 pm
by valuepicker
Thanks it's an ugly ducking turning into swan. L&T group as part of the sebi mandate is diluting the stake. So L&T infotech has corrected despite excellent results. FII/FPIs have been increasing their exposure (current 8 pc) though mutual funds are not agressive buyers. Current correction is an excellent opportunity to buy. Once mutual funds notice this stock it will not be available at these price as it will shoot sharply.

Re: L&T infotech

Posted: Mon Aug 06, 2018 4:16 pm
by Pee Vee
valuepicker wrote:
Sun Aug 05, 2018 8:10 pm
Thanks it's an ugly ducking turning into swan. L&T group as part of the sebi mandate is diluting the stake. So L&T infotech has corrected despite excellent results. FII/FPIs have been increasing their exposure (current 8 pc) though mutual funds are not agressive buyers. Current correction is an excellent opportunity to buy. Once mutual funds notice this stock it will not be available at these price as it will shoot sharply.
Fantastic pick. It is up 122% over the past 12 months. And that too a blue-chip of impeccable credentials. Unfortunately, we have been looking for "hidden gems" and ignoring the gems which are out in the open.

Re: L&T infotech

Posted: Thu Nov 22, 2018 11:17 pm
by valuepicker
L&T infotech has corrected significantly along with TCS as many have switched from IT to Fallen NBFCs and corporate banks.. Good opportunity for all those who could not enter L&T infotech during it's uptrend. This year L&T infotech will achieve 20 pc growth as per the grapevine. Order book is strong and US business is growing fast with addition of new customers. This price won't last for long and it would surge again...

Re: L&T infotech

Posted: Fri Nov 23, 2018 1:49 pm
by Pee Vee
I would like to see research reports on L&T infotech to understand its business model and prospects.

Re: L&T infotech

Posted: Thu Dec 13, 2018 10:23 pm
by valuepicker
*CITI ON L&T INFOTECH: ET NOW*
LTI is on course to deliver higher revenue growth in FY19 vs. FY18
Large deal pipeline has increased by 25% yoy over last year
LTI is the 16th global partner in global strategic services partner for SAP
Maintain Buy target at 2100
LTI has pipeline of 28 large deals (TCV worth ~$1bn out of which 43% of the deals are digital in nature)

Re: L&T infotech

Posted: Fri Dec 14, 2018 12:17 am
by Pee Vee
L&T infotech was up 8% today! Great & safe stock with blue-chip pedigree.

Re: L&T infotech

Posted: Fri Dec 14, 2018 8:36 am
by valuepicker
Citi banks view is very important as Citi is L&T infotech's largest account around 200 m$. Citi outsources 5 billion USD IT work so there is a significant upside for the bigger share. Nachiket Deshpande, Coginizant banking head has joined L&T infotech as COO. Nachikent was instrumental in increasing Cogizant's share from CITI and enjoyes good rapport with Citi management. This development augers well for further acceleration of business in banking vertical.

Re: L&T infotech

Posted: Thu Jul 25, 2019 8:20 pm
by valuepicker
L&T infotech has corrected 25pc from peak as Q1 numbers were soft. Though Q1 numbers were 15pc topline growth was yoy it was 1 percent from qoq. This is temporary and would be compensated by one new deal announced of 45 m$ . There are few deals like carrier Corp which are not yet announced but are having 5 year contract of 125 m$ signed 2 weeks back. There is also one deal from gulf of similar size not yet announced. This ramp up will start August onwards but full effect will come in Q3.
5 aquisitions done by LTI have new customers in consulting space which are getting mined using digital offering. Investors who missed this in previous rally have good opportunity to buy. Merger of L&T infotech, L&T techhnology and Mindree will happen in 2 years. The combined entity is currently 3 billion USD and has gone In league of top tier.
Buy truckload of L&T infotech as it will be a great compounder for next 5 years