Why L&T Technology shares jumped 11% to hit the Rs 4,000 level afterQ2 results
60-Word AI Digest
L&T Technology Services shares rose sharply past Rs 4,000 after Q2 results beat expectations, driven by margin expansion, AI-led deal wins and strong sustainability business growth. Management expects a stronger second half of FY27, while Motilal Oswal, Nuvama and Nomura raised their target prices but maintained cautious ratings.
Key Takeaways
- L&T Technology Services shares rose sharply past Rs 4,000 after Q2 results beat expectations, driven by margin expansion, AI-led deal wins and strong sustainability business growth.
- Management expects a stronger second half of FY27, while Motilal Oswal, Nuvama and Nomura raised their target prices but maintained cautious ratings.
- Full details and original dispatch available below.
L&T Technology Services shares rose sharply past Rs 4,000 after Q2 results beat expectations, driven by margin expansion, AI-led deal wins and strong sustainability business growth. Management expects a stronger second half of FY27, while Motilal Oswal, Nuvama and Nomura raised their target prices but maintained cautious ratings.
Original Publisher Attribution
This summary was curated from Economic Times.