L&T Technology Services: Medium-Term Aspirations Nearly Factored In. Maintain REDUCE
L&T Technology Services (LTTS) recently unveiled its medium-term growth aspirations. It aims to reach USD 2bn revenue over the medium term with...
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[ETP 2024/33] Oil Lost Gains to Demand Concerns and Unexpected Build in US Inventories
US crude inventories unexpectedly rose, while natural gas inventories fell for the first time since April. Major brokerages lowered target prices...
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IT: More of the same is good news
IT sector (coverage universe) continues to transition from a protracted IT upgrade cycle and low discretionary spending to some normalisation in...
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L&T Technology Services: Volatility to Persist. Maintain REDUCE
L&T Technology Services (LTTS) has strong credentials as a leading pure-play engineering services provider with low churn. Still, it faces...
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Tata Technologies IPO Lockup Expiry - US$1.5bn Lockup Release, Some Funds Are Sitting on 40x Gains
Tata Technologies raised around US$370m in its India IPO in Dec 2023. In this note, we talk about its upcoming US$1.5bn lockup release.
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