BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Medium (6M)
Elara Capital Initiates Coverage On L&T Infotech With ‘Buy’ Rating
According to Elara Capital, L&T Infotechs ability to develop differentiated sales proposition and mine accounts is unparalleled, which is expected to lead to growth. EBITDA margin improvement is likely for the company in the medium term even after excluding rupee depreciation benefits once SG&A (selling, general & administrative expense) leverage plays out, the brokerage adds.