Nirmal Bang

Nirmal Bang, one of the leading stock broking companies in India, caters to retail and institutional clients by offering them a range of financial products and services, including equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS.

Nirmal Bang is drawn from a diversity of professional backgrounds, and blend of experience, skill and dedication is shared with its clients. Nirmal Bang emphasizes adequate, thorough research local and world-wide developments, balancing these with the astute discovery of intrinsic values, synergies and growth. The aim is simply to help the investors to maximize their returns.

A Relationship Beyond Broking

External broker reports(aggregated public sources), Nirmal Bang

External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>LTI and Mindtree announced their much-expected merger on 6th May, (LTIM) will be the new India heritage IT player.</li><li>If current execution of both companies holds up, we think it could outpace Tier-1 set growth over the next 10 years.</li><li>Also, with both revenue and cost synergies, we believe there is potential for net margin gap between LTIM and TCS/Infosys (currently at 300-500bps) to narrow, leading to faster than pe...(continued).</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

LTI and Mindtree announced their much-expected merger on 6th May, (LTIM) will be the new India heritage IT player.If current execution of both companies holds up, we think it could outpace Tier-1 set growth over the next 10 years.Also, with both revenue and cost synergies, we believe there is potential for net margin gap between LTIM and TCS/Infosys (currently at 300-500bps) to narrow, leading to faster than pe...(continued).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

LTI-Mindtree: To Eat More from Tier-2 Plate near Term

Mindtree Ltd

LTI-Mindtree: To Eat More from Tier-2 Plate near Term