LTIMindtree Shares in Spotlight: LIC Boosts Stake to 7%!

LTIMindtree Shares in Spotlight: LIC Boosts Stake to 7%!

India’s largest institutional investor, Life Insurance Corporation of India (LIC), has raised its stake in the renowned IT services provider LTIMindtree. Through open market acquisitions, LIC increased its ownership of the company from 5.033% to 7.034% of its paid-up capital, according an exchange filing. Between March 20, 2024, and November 19, 2024, LIC holdings grew … Read more

LTIMindtree Q2 Profit Surges 8% YoY to Rs 1,251 Crore โ€“ Whatโ€™s Driving the Growth?

LTIMindtree Q2 Profit Surges 8% YoY to Rs 1,251 Crore โ€“ Whatโ€™s Driving the Growth?

LTIMindtree, a provider of IT solutions, announced on Thursday that its consolidated net profits for the second quarter ended September 2024 increased by 7.75% year over year to Rs 1,251 crore. In the same time last year, it reported a profit of Rs 1,161 crore, according a regulatory filing. LTIMindtree Q2 results 2024 LTIMindtree announced … Read more