IT company LTIMindtree Ltd The shares saw a rise of about 6 percent during the day on Friday, January 16. The share reached a high of Rs 6373.20 on BSE. Actually, the company has received Insight 2.0 project worth Rs 3000 crore from the Central Board of Direct Taxes (CBDT). This project aims to create an AI-powered program for the modernization of India’s National Tax Analytics Platform.
According to LTIMindtree, this contract is for 7 years. It reinforces the company’s leadership in driving digital transformation using advanced digital architecture and data analytics.
LTIMindtree shares rose 13 percent in 3 months
The market cap of the company has increased to Rs 1.88 lakh crore. The face value of the share is Rs 1. The stock has risen 13 percent in 3 months. Promoters held 68.54 percent stake in the company by the end of September 2025. The company’s 52-week adjusted high on BSE is Rs 6378 and adjusted low is Rs 3841.05. Motilal Oswal had set a target price of Rs 6650 per share with a ‘buy’ rating for the stock in October 2025.
Financial health of the company
LTIMindtree’s July-September 2025 quarter earnings were better than expected. The company’s consolidated net profit increased by 10.1 percent on quarterly basis to Rs 1381.2 crore. A quarter ago it was Rs 1254.6 crore. Revenue stood at Rs 10,394.3 crore, which is 5.6 percent more than the June 2025 quarter. Operating profit rose 17 per cent quarter-on-quarter to Rs 1,648 crore in the September 2025 quarter. Operating margin also increased to 15.9 percent. LTIMindtree will release its December quarter results on Monday, January 19.