Is L and T Infotech a good buy?
4. Is Larsen & Toubro Infotech a good long term investment? Past 10 years financial track record analysis and assessment of future prospects by Moneyworks4me indicates that Larsen & Toubro Infotech Ltd is a good long term investment. However, you need to ensure you buy at a right price to earn good returns.
Should I buy LTI?
Sharekhan has maintained a ‘buy’ rating on LTI with a price target of Rs 3,500 on the expectation of industry-leading growth momentum post-COVID-19. “Q2 numbers beat expectations on all fronts, along with a robust deal pipeline and strong OCF generation; margin improvement remained impressive.
Is LTI overvalued?
Price to Book Ratio PB vs Industry: LTI is overvalued based on its PB Ratio (15.2x) compared to the IN IT industry average (2.4x).
What is the salary of CEO of LTI?
L Infotech CEO Sanjay Jalona received Rs 28.73 crore, an increase of 29% in his compensation in the financial year 2020-21, as compared to a 6% hike for the company’s employees in India and 2% abroad. His salary was at a median of 109.55 to the average salary across the company.
Is Infosys better than LTI?
Infosys scored higher in 6 areas: Overall Rating, Career Opportunities, Work-life balance, Senior Management, Culture & Values and % Recommend to a friend. LTI scored higher in 2 areas: Compensation & Benefits and CEO Approval.
Is L Infotech a mass recruiter?
L Technology Services is not a mass recruiter like TCS or Infosys. For 2017-18, L Technology Services had announced it would hire 2,500 engineers including 750 freshers. The company is on track to meet its recruitment target.
When is record date of Larsen and Toubro Infotech?
Larsen & Toubro Infotech Ltd., incorporated in the year 1996, is a Large Cap company (having a market cap of Rs 74845.41 Crore) operating in IT Software sector. Larsen & Toubro Infotech Ltd has informed BSE that the Company has fixed August 02, 2021 as the Record Date for the purpose of Payment of Special Dividend.
Who are the new hires of Larsen and Toubro?
The new hires include graduate engineers, post-graduate engineers, chartered accountants, diploma holders, management graduates and non-engineering graduates. Its group companies Larsen & Toubro Infotech (LTI), L Technology Services, Mindtree and L Financial Services have their separate recruitment for freshers.
When is sale of L & T Uttaranchal hydropower Limited completed?
Further to our intimation dated August 11, 2021, we wish to inform you that the Company has completed the sale of its entire stake in L Uttaranchal Hydropower Limited to ReNew Power Services Private Limited consequent to completion of customary conditions precedent agreed under the Securities Purchase Agreement dated August 11, 2021.
What is the market cap of Larsen and Toubro?
Larsen & Toubro Infotech Ltd., incorporated in the year 1996, is a Large Cap company (having a market cap of Rs 73139.25 Crore) operating in IT Software sector.
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