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L&T Technology Services Limited is currently in a long term uptrend where the price is trading 23.0% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Technology sector with a price to sales ratio of 5.3.
L&T Technology Services Limited's total revenue sank by 1.6% to $14B since the same quarter in the previous year.
Its net income has dropped by 8.8% to $2B since the same quarter in the previous year.
Finally, its free cash flow grew by 150.4% to $7B since the same quarter in the previous year.
Based on the above factors, L&T Technology Services Limited gets an overall score of 3/5.
Exchange | NSE |
---|---|
CurrencyCode | INR |
Sector | Technology |
Industry | Information Technology Services |
ISIN | INE010V01017 |
Market Cap | 458B |
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PE Ratio | 35.97 |
Target Price | 4614.4194 |
Dividend Yield | 1.3% |
Beta | 0.32 |
L&T Technology Services Limited operates as an engineering research and development services company in India, North America, Europe, and internationally. It operates through three segments: Mobility, Sustainability, and Tech. The company offers digital engineering and consulting services, including artificial intelligence, cybersecure, immersive experiences, industry 4.0 consulting, product consulting, sustainability engineering, 5G, and sustainable smart world solutions; and product engineering solutions, such as computer aided engineering, computation fluid dynamics, CAx automation, DevOps, engineering and manufacturing analytics, lab as a service, product testing and validation, testing, VLSI design, and Alexa consulting and professional services, as well as software, cloud, embedded, sustenance, experience, and wearables engineering solutions. It also provides manufacturing engineering solutions, including accelerated operations, agile supply chain, content engineering, digital factory and simulations, line expansion and transfer, manufacturing automation, new product development, PLM on cloud, plant design and engineering, and sourcing and procurement solutions; and plant engineering solutions, such as CAPEX project E/EPCM services, material and parts management, operational excellence, plant sustenance and management, sourcing and procurement, and regulatory compliance engineering solutions. It serves automotive, aerospace engineering, rail transportation, trucks and off-highway vehicles, discrete manufacturing and industrial products, process manufacturing, Hi-tech, MedTech, public infrastructure and smart cities, and software and platforms. The company was formerly known as L&T Integrated Engineering Services Limited and changed its name to L&T Technology Services Limited in September 2012. The company was incorporated in 2012 and is headquartered in Vadodara, India. L&T Technology Services Limited is a subsidiary of Larsen & Toubro Limited.
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