LTIMindtree Shares Tumble on Weak Q3 Results | Stock Market News
Updated: January 18, 2024 01:21 PM IST
Shares of LTIMindtree plunged after its quarterly results missed expectations and management guidance raised concerns. Analysts highlighted elongated deal cycles, delayed ramp-ups, and margin target pushouts. LTIMindtree needs to show synergy benefits and justify its premium valuation, they stressed.