External broker reports(aggregated public sources), Prabhudas Lilladhar

Prabhudas Lilladhar

Prabhudas Lilladher is one of India's leading research based financial services organisation.  

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Prabhudas Lilladher is one of India's leading research based financial services organisation.

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>Prabhudas Lilladher's research report onLTIMindtree LTIM reported revenue of USD1.07b, down 1.3% QoQ in CC and reported terms, below consensus of 0.9% CC decline.</li><li>The decline was led by project cancellations within BFS verticals, where the clients have reprioritized their spends.</li><li>Otherwise the growth was broad-based across verticals, while Mfg growth tapered off (down ~10% QoQ) over 3Q high base.</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>

Prabhudas Lilladher's research report onLTIMindtree LTIM reported revenue of USD1.07b, down 1.3% QoQ in CC and reported terms, below consensus of 0.9% CC decline.The decline was led by project cancellations within BFS verticals, where the clients have reprioritized their spends.Otherwise the growth was broad-based across verticals, while Mfg growth tapered off (down ~10% QoQ) over 3Q high base.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.

LTIMindtree - Small Blip, Recovery in Progress