February 18, 2025
Home » Reduce L&T Technology Services, target price Rs 4,110: ICICI Securities Jobbery Stock Market update
Reduce L&T Technology Services, target price Rs 4,110:  ICICI Securities

ICICI Securities has a reduce call on L&T Technology Services with a target price of Rs 4110, citing a potential drop in margins due to the Intelliswift acquisition. Despite strong revenue growth, the mixed outlook for the auto sector leads to a cautious stance. Promoters hold a significant 73.69% stake in the company as of September 2024.

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