Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1442.50
Change Change %
-63.95 -4.25%

Updated:26 Feb, 2021, 15:59 PM IST

BSE
1442.25
Change Change %
-64.35 -4.27%

Updated:26 Feb, 2021, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Motilal Oswal
N/A
20-01-2021 Hold 1388.00 3910.00
N/A
Open Long (1Y)
20-01-2022

Motilal Oswal Downgrades L&T Infotech To Neutral

L&T Infotech is up 130 per cent since its inclusion in our model portfolio (in 3QFY20) and is currently the most expensive (28x FY23 EPS) IT company within our coverage universe. While we continue to deem it among the best-in-class IT services companies on execution and management quality, we believe the stock more than factors in the potential; hence, we downgrade the stock to Neutral.  

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