# LTTS (LTTS) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/ltts

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹4,250
- Change: +0.58%
- As of: 2026-11-06
- 1D return: +0.58%
- 5D return: -0.71%
- 1M return: +33.79%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

LTTS (₹4,250) exhibits a strong daily uptrend with price trading above all key moving averages and the Supertrend, supported by a robust ADX of 51.31. However, this short-term momentum conflicts with the monthly structure, where the Supertrend remains bearish despite the price being above moving averages, suggesting underlying longer-term resistance. The stock is positioned near the upper end of its recent ranges (+91.6% in the 20-day range), indicating potential exhaustion or consolidation needs. Recent extreme volume anomalies on both upward (Oct 30) and downward (Oct 23) moves highlight heightened participation and volatility. A monthly Harami pattern has formed as of Nov 6, signaling indecision after significant gains (+30.9% over the last month). Risk remains elevated with an annualized volatility of 35.3% and a current drawdown of -24.3%.

- Trend Divergence: Daily trend is strongly bullish (ADX 51.31, price above Supertrend), while monthly trend shows mixed signals (price above MAs but below monthly Supertrend).
- Range Positioning: Price is at +91.6% of the 20-day range and +72.3% of the 252-day range, sitting near immediate resistance at ₹4,268.70.
- Volatility & Participation: Extreme volume anomalies detected on Oct 30 (+2.3%, volume ratio 4.96) and Oct 23 (-1.1%, volume ratio 16.29), indicating active institutional or large-player involvement.
- Risk Metrics: Current drawdown stands at -24.3% from highs, with annualized volatility at 35.3%; support levels are noted at ₹4,224.80 (pivot) and ₹4,181.70.

- Harami
- Inside Bar
- Doji
- Bullish Engulfing Reversal

### News Context

In the seven-day window ending 2 November 2026, L&T Technology Services (LTTS) is positioned within a broader strategic push by its parent, Larsen and Toubro (L&T), to accelerate growth in its services arms. On 1 November 2026, L&T management highlighted that LTTS and its sister entity, L&T Technology Management (LTM), currently grow at approximately 10–11% annually but are targeted to exceed 15%. This shift aims to scale services operations and access new markets, with AI-led disruption cited as a potential catalyst to level the competitive playing field.

Separately, on 31 October 2026, BL Research Bureau provided technical analysis suggesting bullish trends for LTTS, identifying upward price targets based on chart patterns and support/resistance levels. While this indicates positive technical sentiment from an external analyst, it remains a third-party opinion rather than a fundamental corporate development.

- Parent company L&T has set a growth target of over 15% for LTTS, up from the current 10–11% annual run rate, focusing on scaling services and accessing new markets.
- Management identifies AI-led disruption as a key factor in achieving accelerated growth and leveling the competitive landscape.
- BL Research Bureau issued a bullish technical outlook on 31 October 2026, citing specific chart patterns and support/resistance levels for upward price movement.

- [L&T pushes IT and engineering arms to accelerate growth beyond 15%](https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/lt-pushes-it-and-engineering-arms-to-accelerate-growth-beyond-15/articleshow/135427194.cms)
- [Movers & Shakers: Stocks that will see action this week](https://www.thehindubusinessline.com/portfolio/technical-analysis/movers-amp-shakers-stocks-that-will-see-action-this-week/article71646123.ece)

### Official Filings

L&T Technology Services (LTTS) has announced an interim dividend of ₹20 per share, with a record date of October 27, 2026. This payout follows the company's Q2 FY27 earnings results, where it reported revenue of ₹3,040 crores ($317.1 million), representing a 12.1% year-on-year increase, and EBIT margins of 16.3%. The financial period also saw the completion of the divestment of the Smart World Corporation business, generating a one-time gain of ₹165 crores, alongside large deal wins totaling $203 million, over half of which were AI-led.

In parallel, LTTS disclosed a five-year engineering and R&D contract with Nokia, effective as of October 26, 2026. Under this agreement, LTTS will establish a dedicated Offshore Development Center in India to support Nokia’s global Technology Center, focusing on 5G networks, intelligent automation, and AI infrastructure. Management has reiterated long-term aspirations for 13-15% revenue CAGR and 16-17% EBIT margins, while noting that wage hikes effective in Q3 are expected to impact margins by 50-80 basis points.

- Interim Dividend: ₹20 per share declared; record date is October 27, 2026.
- Q2 FY27 Financials: Revenue reached ₹3,040 crores (+12.1% YoY) with EBIT margins at 16.3%; included a ₹165 crore one-time gain from the Smart World Corporation divestment.
- Nokia Partnership: Five-year contract signed on October 26, 2026, for engineering/R&D support via a new Indian Offshore Development Center focused on 5G and AI.
- Margin Outlook: Wage hikes effective in Q3 may compress margins by 50-80 basis points, against a backdrop of $203 million in recent deal wins.

- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 20 PER SHARE |FACE VALUE:2 |RECORD DATE:27-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 20 PER SHARE |FACE VALUE:2 |RECORD DATE:27-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [L&T Technology Services Limited has informed the Exchange regarding a press release dated October 26, 2026, titled "L&T Technology Services and Nokia Forge Engineering Collaboration". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/LTTS_26102026090847_25102026LTTSPRessreleasesd.pdf)
- [L&T Technology Services Limited has informed the Exchange about Transcript of Q2 FY27 Earnings Call held on October 19, 2026. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/LTTS_25102026172339_LTTSQ2FY27EarningsCallTranscriptsd.pdf)
- [L&T TECHNOLOGY SERVICES LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_14235_WebXMLFile_20261025_173544680.xml)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 20 PER SHARE |FACE VALUE:2 |RECORD DATE:27-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)

### Fundamentals

L&T Technology Services demonstrated a significant acceleration in financial performance for Q2 FY2026-27, with revenue from operations rising sequentially to ₹3,040 crore and net profit jumping to ₹549 crore. This marks a sharp improvement from Q1’s ₹357 crore net profit, driven by higher operating profits of ₹514 crore against expenses of ₹2,558 crore. The quarter also saw a notable increase in other income to ₹200 crore (from ₹77 crore in Sep 2025), contributing to the earnings beat. Balance sheet health remains robust; cash and equivalents grew to ₹1,439 crore as of September 2026, while trade receivables decreased to ₹2,105 crore, indicating improved working capital management. Cash flow conversion (CFO/EBITDA) dipped slightly to 96% in Mar 2026 from 110% in Mar 2025, though it remains above historical averages. Return on Capital Employed (ROCE) stabilized at 27% in Mar 2026 after declining from 32% in Mar 2024. Promoter holding remained stable at 73.51% in Sep 2026. The key checkpoint is whether this sequential profit surge sustains into subsequent quarters without margin erosion, given the rise in expenses.

- Q2 FY2026-27 Net Profit surged to ₹549 crore (up from ₹357 crore in Q1), with Revenue reaching ₹3,040 crore.
- Trade Receivables decreased to ₹2,105 crore (Sep 2026) from ₹2,646 crore (Sep 2025), improving working capital efficiency.
- Cash and Cash Equivalents increased to ₹1,439 crore (Sep 2026) from ₹1,199 crore (Sep 2025).
- ROCE stabilized at 27% in Mar 2026, down from 32% in Mar 2024, while CFO/EBITDA ratio fell to 96% from 110%.

### Bull Case

L&T Technology Services presents a conditional upside case anchored by its parent company’s strategic directive to accelerate growth in its services arms beyond the current 10-11% annual run rate. Management has identified scaling up services and accessing new markets as key priorities, with AI-led disruption viewed as a potential equalizer among competitors. This strategic push provides a fundamental catalyst for revenue expansion if successfully executed.

Technically, the stock shows divergent signals across timeframes that may support near-term momentum. On the daily chart, the Supertrend is bullish with strong directional movement (ADX 51.31) and a positive slope on both EMA and SMA indicators. The weekly trend also aligns with this bullish structure, featuring a high Plus DI (31.96) versus Minus DI (14.14). However, this constructive technical setup must be weighed against the monthly trend, which remains bearish with a lower Plus DI (14.84) compared to Minus DI (22.69), and significant historical volatility (annualized volatility +35.3%) and drawdown (-24.3%).

The constructive interpretation holds only if the company can translate L&T’s growth mandates into tangible order inflows and market share gains, while navigating the resistance levels clustered between ₹4,268 and ₹4,355. Investors should monitor whether the daily bullish momentum can sustain itself against the broader monthly bearish context.

- Parent company L&T is pushing LTTS to accelerate growth beyond the current 10-11% annual rate, targeting new market access and leveraging AI-driven opportunities.
- Daily and weekly technical trends are bullish, with daily ADX at 51.31 and weekly Plus DI (31.96) significantly outpacing Minus DI (14.14).
- Monthly trend remains bearish (Plus DI 14.84 vs Minus DI 22.69), creating a divergence that requires confirmation of sustained upward momentum.
- Stock faces immediate resistance near ₹4,268 (0.44% above) and ₹4,311 (1.45% above), with recent 1-month returns of +30.9% indicating high volatility.

- [L&T pushes IT and engineering arms to accelerate growth beyond 15%](https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/lt-pushes-it-and-engineering-arms-to-accelerate-growth-beyond-15/articleshow/135427194.cms)
- [Movers & Shakers: Stocks that will see action this week](https://www.thehindubusinessline.com/portfolio/technical-analysis/movers-amp-shakers-stocks-that-will-see-action-this-week/article71646123.ece)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 20 PER SHARE |FACE VALUE:2 |RECORD DATE:27-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 20 PER SHARE |FACE VALUE:2 |RECORD DATE:27-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [L&T Technology Services Limited has informed the Exchange regarding a press release dated October 26, 2026, titled "L&T Technology Services and Nokia Forge Engineering Collaboration". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/LTTS_26102026090847_25102026LTTSPRessreleasesd.pdf)
- [L&T Technology Services Limited has informed the Exchange about Transcript of Q2 FY27 Earnings Call held on October 19, 2026. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/LTTS_25102026172339_LTTSQ2FY27EarningsCallTranscriptsd.pdf)
- [L&T TECHNOLOGY SERVICES LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_14235_WebXMLFile_20261025_173544680.xml)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 20 PER SHARE |FACE VALUE:2 |RECORD DATE:27-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)

### Bear Case

LTTS faces notable downside risk as the stock trades near its recent highs while exhibiting significant structural weakness over longer horizons. The share price has declined 9.5% since the start of the tracking period and is down 3.0% year-to-date, despite a strong one-month rally of 30.9%. This divergence suggests that short-term momentum may be masking underlying pressure, confirmed by a monthly technical trend that is bearish with an ADX of 58.56 indicating strong directional movement against the current price. Furthermore, the stock remains in a deep correction phase, with a current drawdown of -24.3% and a maximum historical drawdown of -45.7%, highlighting substantial volatility (annualized at 35.3%) and potential for further erosion if support levels fail. Management’s acknowledgment that growth needs to accelerate beyond the current 10-11% to meet targets above 15% introduces execution risk, particularly amid AI-led market disruption.

- Long-term performance remains negative: -9.5% since period start and -3.0% YTD, contrasting with a +30.9% one-month gain.
- Monthly trend is bearish (ADX 58.56), signaling strong downward directional pressure despite daily bullish signals.
- High volatility and drawdown risk: Current drawdown is -24.3% with a maximum drawdown of -45.7% and annualized volatility of 35.3%.
- Growth acceleration required: Management identified a need to raise revenue growth from ~10-11% to 15% to scale services effectively.

- [L&T pushes IT and engineering arms to accelerate growth beyond 15%](https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/lt-pushes-it-and-engineering-arms-to-accelerate-growth-beyond-15/articleshow/135427194.cms)
- [Movers & Shakers: Stocks that will see action this week](https://www.thehindubusinessline.com/portfolio/technical-analysis/movers-amp-shakers-stocks-that-will-see-action-this-week/article71646123.ece)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 20 PER SHARE |FACE VALUE:2 |RECORD DATE:27-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 20 PER SHARE |FACE VALUE:2 |RECORD DATE:27-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [L&T Technology Services Limited has informed the Exchange regarding a press release dated October 26, 2026, titled "L&T Technology Services and Nokia Forge Engineering Collaboration". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/LTTS_26102026090847_25102026LTTSPRessreleasesd.pdf)
- [L&T Technology Services Limited has informed the Exchange about Transcript of Q2 FY27 Earnings Call held on October 19, 2026. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/LTTS_25102026172339_LTTSQ2FY27EarningsCallTranscriptsd.pdf)
- [L&T TECHNOLOGY SERVICES LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_14235_WebXMLFile_20261025_173544680.xml)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 20 PER SHARE |FACE VALUE:2 |RECORD DATE:27-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)

### FAQs

**What recent corporate actions and partnerships have been announced for LTTS?**

On October 27, 2026, LTTS declared an interim dividend of Rs 20 per share with a record date of October 27, 2026. Additionally, on October 26, 2026, the company signed a five-year contract with Nokia to establish a dedicated Offshore Development Center in India, focusing on 5G networks, AI-driven operations, and system integration.

**How is L&T Technology Services positioned regarding its growth targets within the Larsen & Toubro group?**

Larsen & Toubro aims to accelerate revenue growth in its services arms, including LTTS, from the current rate of approximately 10-11% per year to beyond 15%. Management highlights that scaling up services and accessing new markets, potentially aided by AI-led disruption, are key strategies to achieve this accelerated growth trajectory.

**What are the key technical levels and performance metrics for LTTS as of November 6, 2026?**

As of November 6, 2026, LTTS closed at ₹4,250.00. The daily trend is bullish with resistance near ₹4,268.70 and support at ₹4,224.80. Over the past month, the stock returned +30.9%, though it remains down -3.0% year-to-date. Annualized volatility stands at +35.3%, with a current drawdown of -24.3%.

- [L&T pushes IT and engineering arms to accelerate growth beyond 15%](https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/lt-pushes-it-and-engineering-arms-to-accelerate-growth-beyond-15/articleshow/135427194.cms)
- [Movers & Shakers: Stocks that will see action this week](https://www.thehindubusinessline.com/portfolio/technical-analysis/movers-amp-shakers-stocks-that-will-see-action-this-week/article71646123.ece)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 20 PER SHARE |FACE VALUE:2 |RECORD DATE:27-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 20 PER SHARE |FACE VALUE:2 |RECORD DATE:27-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [L&T Technology Services Limited has informed the Exchange regarding a press release dated October 26, 2026, titled "L&T Technology Services and Nokia Forge Engineering Collaboration". |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/LTTS_26102026090847_25102026LTTSPRessreleasesd.pdf)
- [L&T Technology Services Limited has informed the Exchange about Transcript of Q2 FY27 Earnings Call held on October 19, 2026. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/LTTS_25102026172339_LTTSQ2FY27EarningsCallTranscriptsd.pdf)
- [L&T TECHNOLOGY SERVICES LIMITED has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_14235_WebXMLFile_20261025_173544680.xml)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 20 PER SHARE |FACE VALUE:2 |RECORD DATE:27-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Strong Uptrend
- Weekly trend: Weak Uptrend
- Pivot point: ₹4,224.8
- Risk regime: Price Risk Requires Attention

### Support levels
- 4128.778125
- 4042.1125
- 3937.025

### Resistance levels
- 4340.924999999999
- 4498.5
- 4576

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.58% |
| return_10 | +8.69% |
| return_1m | +30.93% |
| return_1y | +3.64% |
| return_20 | +33.79% |
| return_3m | +19.54% |
| return_5 | -0.71% |
| return_6m | +11.70% |
| return_since_start | -9.54% |
| return_ytd | -2.97% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -45.73% |
| annualized_volatility | +35.34% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# L&T Technology Services Limited FY2026-27 Q2: Continuing profit rises 8%

L&T Technology Services (LTTS) reported Q2 FY2026-27 revenue from operations of ₹3,040 crore, up 3.4% sequentially and 2.0% year on year. Profit from continuing operations increased 7.9% sequentially to ₹380 crore, while total profit rose 53.7% to ₹549 crore, reflecting ₹169 crore of after-tax profit from discontinued operations.

## Revenue and expenses

Revenue from operations increased from ₹2,940 crore in Q1 FY2026-27 and ₹2,980 crore in Q2 FY2025-26. The sequential increase outpaced the 2.6% rise in expenses, which reached ₹2,558 crore. Total income was ₹3,071 crore, including ₹31 crore of other income.

Employee benefit expense was ₹1,752 crore. Other expenses rose 3.5% sequentially to ₹703 crore, while finance costs declined to ₹13.9 crore from ₹14.4 crore in Q1 FY2026-27.

## Continuing-operations earnings

Profit before tax increased 7.9% sequentially to ₹514 crore and was 14.6% higher than the ₹448 crore reported in Q2 FY2025-26. Tax expense rose 7.8% from Q1 to ₹133 crore. Profit from continuing operations reached ₹380 crore, up from ₹352 crore in Q1 FY2026-27 and ₹329 crore a year earlier.

Basic EPS from continuing operations was ₹35.78, compared with ₹33.17 in Q1 FY2026-27 and ₹31.02 in Q2 FY2025-26. The growth in continuing profit and EPS shows that the quarter’s earnings improvement was not solely due to discontinued operations.

## Discontinued operations and reported earnings

After-tax profit from discontinued operations was ₹169 crore, compared with ₹4.8 crore in Q1 FY2026-27. Total profit consequently increased to ₹549 crore from ₹357 crore, a 53.7% sequential rise. Profit attributable to owners of the parent was ₹548 crore; non-controlling interests accounted for ₹50 lakh.

Basic EPS from continuing and discontinued operations was ₹51.67, up from ₹33.62 in Q1 FY2026-27 and ₹31.02 in Q2 FY2025-26. Discontinued operations contributed ₹15.89 per share in the quarter.

## Balance sheet at 30 September 2026

Cash and cash equivalents were ₹1,439 crore at 30 September 2026, down from ₹1,650 crore at 31 March 2026 but above ₹1,199 crore at 30 September 2025. Current investments stood at ₹2,149 crore, compared with ₹1,429 crore at 31 March 2026 and ₹844 crore a year earlier. Together, cash and current investments totalled about ₹3,589 crore, up from ₹2,043 crore at 30 September 2025.

Trade receivables were ₹2,105 crore, versus ₹2,015 crore at 31 March 2026 and ₹2,646 crore at 30 September 2025. Trade payables were ₹880 crore, down from ₹937 crore and ₹1,721 crore at those respective dates.

Property, plant and equipment was ₹369 crore at quarter-end, compared with ₹859 crore at 31 March 2026. Investment property was ₹482 crore, versus nil at both comparison dates. Goodwill stood at ₹1,211 crore, and total assets were ₹10,371 crore.

## Key Takeaway

LTTS delivered sequential growth in revenue and continuing-operations profit, with continuing EPS also higher than in Q1 FY2026-27 and Q2 FY2025-26. The much larger increase in total profit reflected the ₹169 crore contribution from discontinued operations, so continuing earnings provide the clearer measure of the quarter’s operating progress. Cash and current investments together were about ₹3,589 crore at quarter-end.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +73.52%
- FII holding: +4.13%
- DII holding: +14.05%
- Mutual fund holding: +3.69%
- Retail holding: +6.58%
- Promoter pledged: +0.00%

### Major reported shareholders

- LARSEN AND TOUBRO LIMITED — +73.52% (Bodies Corporate)
- LIFE INSURANCE CORPORATION OF INDIA — +6.91%
- SBI ESG EXCLUSIONARY STRATEGY FUND — +1.68%
- SEAFARER OVERSEAS GROWTH & INCOME FUND — +1.21%

## Official filings

- 2026-10-27 — Corporate Action Notice: L&T Technology Services Limited - Ex-Date: 27-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-27 — Corporate Action Notice: L&T Technology Services Limited - Ex-Date: 27-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-27 — Corporate Action Notice: L&T Technology Services Limited - Ex-Date: 27-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-26 — Corporate Action Notice: L&T Technology Services Limited - Ex-Date: 27-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-26 — Press Release: L&T Technology Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LTTS_26102026090847_25102026LTTSPRessreleasesd.pdf)
- 2026-10-26 — Corporate Action Notice: L&T Technology Services Limited - Ex-Date: 27-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-26 — Corporate Action Notice: L&T Technology Services Limited - Ex-Date: 27-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-25 — Generic Announcement: L&T Technology Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LTTS_25102026172339_LTTSQ2FY27EarningsCallTranscriptsd.pdf)
- 2026-10-25 — Generic Announcement: L&T Technology Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_14235_WebXMLFile_20261025_173544680.xml)
- 2026-10-23 — Corporate Action Notice: L&T Technology Services Limited - Ex-Date: 27-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-21 — Shareholding Disclosure: L&T Technology Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1742896_21102026034709_WEB.xml)
- 2026-10-20 — Generic Announcement: L&T Technology Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LTTS_20102026164715_LTTS_Newspaperadv_19-10-2026sd.pdf)
- 2026-10-19 — Generic Announcement: L&T Technology Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LTTS_19102026133926_LTTSIntimationofESOPAllotment19102026.pdf)
- 2026-10-19 — Generic Announcement: L&T Technology Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_14235_WebXMLFile_20261019_134236983.xml)
- 2026-10-19 — Generic Announcement: L&T Technology Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LTTS_19102026155807_LTTSBMOutcome19102026signed.pdf)
- 2026-10-19 — Generic Announcement: L&T Technology Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LTTS_19102026155906_LTTSBMOutcome19102026signed.pdf)
- 2026-10-19 — Generic Announcement: L&T Technology Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LTTS_19102026160628_LTTSBMOutcome19102026signed.pdf)
- 2026-10-19 — Press Release: L&T Technology Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LTTS_19102026161237_LTTSPressReleaseandInvestorPresentation19102026sd.pdf)
- 2026-10-19 — Earnings Presentation: L&T Technology Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LTTS_19102026161427_LTTSPressReleaseandInvestorPresentation19102026sd.pdf)
- 2026-10-19 — Generic Announcement: L&T Technology Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_14235_WebXMLFile_20261019_162113064.xml)
- 2026-10-19 — Financial Results Filing: L&T Technology Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1741575_19102026043345_WEB.xml)
- 2026-10-19 — Financial Results Filing: L&T Technology Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1741576_19102026043350_WEB.xml)
- 2026-10-19 — Generic Announcement: L&T Technology Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LTTS_19102026191732_LTTSEarningsCallRecording19102026sd.pdf)
- 2026-10-19 — Generic Announcement: L&T Technology Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_14235_WebXMLFile_20261019_192546969.xml)
- 2026-10-14 — Generic Announcement: L&T Technology Services Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LTTS_14102026171607_Reg30EarningsCallQ2sd.pdf)

## News and market events

- 2026-11-07 — Economic Times: **Diwali Muhurat Trading 2026: Samco Securities picks 12 stocks and ETFs for investors; BSE, Adani Power among top bets** — Samco Securities has unveiled a basket of 12 investment picks for the Diwali Muhurat Trading session on November 8, 2026, comprising 10 Indian stocks and two US-listed ETFs. The recommendations span sectors including power, IT services, aerospace, and commodities, with specific technical entry levels, stop-losses, and target prices provided for each asset. The international ETF selections are intended to offer exposure to energy and healthcare while hedging against risks such as rising crude oil prices and a weakening rupee. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/diwali-muhurat-trading-2026-samco-securities-picks-12-stocks-and-etfs-for-investors-bse-adani-power-among-top-bets/articleshow/135627545.cms)
- 2026-11-07 — Mint: **Muhurat Trading 2026 Diwali stocks to buy for upto 109% upside: BSE, Adani Power, HFCL, TechM - SAMCO's 10 shares | List** — Samco Wealth has recommended 10 stocks across sectors such as power, IT, and defense for Muhurat Trading on November 7, emphasizing diversification following a volatile market year. The brokerage highlighted companies including Azad Engineering, Adani Power, HFCL, Tech Mahindra, and BSE, citing strong quarterly earnings growth and order book visibility as key drivers for the new Samvat. — [Source](https://www.livemint.com/market/stock-market-news/muhurat-trading-2026-diwali-stocks-to-buy-for-upto-109-upside-bse-adani-power-hfcl-techm-samcos-10-shares-list-11794024034171.html)
- 2026-11-01 — Economic Times: **L&T pushes IT and engineering arms to accelerate growth beyond 15%** — Larsen and Toubro is focusing on raising revenue growth in its services arms, LTM and LTTS. Currently, these companies grow at about 10-11 percent per year, which needs to increase. The management highlighted the importance of scaling up their services and accessing new markets. The recent AI-led disruption may help achieve this growth by leveling the playing field among competitors. — [Source](https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/lt-pushes-it-and-engineering-arms-to-accelerate-growth-beyond-15/articleshow/135427194.cms)
- 2026-10-31 — The Hindu: **Movers & Shakers: Stocks that will see action this week** — BL Research Bureau provided technical analysis suggesting bullish trends and upward price targets for L&T Technology Services, Bank of Maharashtra, and Power Grid Corporation of India based on chart patterns and support/resistance levels. — [Source](https://www.thehindubusinessline.com/portfolio/technical-analysis/movers-amp-shakers-stocks-that-will-see-action-this-week/article71646123.ece)
- 2026-10-26 — Economic Times: **Ather rides to profit; Pronto's US AI play** — Ather Energy swung to profit in the July-September quarter. This and more in todays ETtech Top 5. — [Source](https://economictimes.indiatimes.com/tech/newsletters/tech-top-5/ather-rides-to-profit-sahamati-defers-new-fee-model/articleshow/135212517.cms)
- 2026-10-26 — The Hindu: **L&T Technology Services, Nokia announce engineering collaboration** — Under the agreement, LTTS will support Nokia R&D programmes across areas, including product engineering, software development, system integration, and product support. — [Source](https://www.thehindubusinessline.com/info-tech/lt-technology-services-nokia-announce-engineering-collaboration/article71625936.ece)
- 2026-10-26 — NEWS.WEBINDIA123.COM: **L&T Technology Services and Nokia Forge Engineering Collaboration** — BusinessWire India — [Source](https://news.webindia123.com/news/Articles/Business/20261026/4515150.html)
- 2026-10-26 — MONEYCONTROL: **LTTS shares rise over 3% after firm inks 5-year engineering, R&D deal with Nokia** — LTTS shares rise over 3% after firm inks 5-year engineering, R&D deal with Nokia Follow Us On: Stocks: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others Trending Topics more Sensex Today Jio IPO Allotment Jamia Protest UP Polls 2027 Rahul Gandhi Infosys Share Price Aamir Khan Small Cap Stocks Cyclone Arnab Dhanush News more Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups Markets more Home Currencies Commodities Pre-Market IPO Global Market US Markets Bonds Silver MCX Price Gold MCX Price Personal Finance more Home Loans up to 50 Lak — [Source](https://www.moneycontrol.com/news/business/ltts-shares-rise-over-3-after-firm-inks-5-year-engineering-r-d-deal-with-nokia-14059982.html)
- 2026-10-26 — FEEDS: **L&T Technology Services Shares Rise Over 3% After Five-Year Nokia Deal** — L&T Technology Services announced a five-year collaboration with Nokia to support engineering and research activities in India. The stock rallied as the partnership focuses on 5G networks, AI infrastructure, and next-generation computing. — [Source](https://www.ndtvprofit.com/markets/l-t-technology-services-shares-rise-over-3-after-five-year-nokia-deal-12235843)
- 2026-10-26 — Economic Times: **L&T Technology Services signs five-year deal with Nokia for R&D support in India** — L&T Technology Services (LTTS) on Monday announced a five-year contract with Nokia to support its engineering and research and development (R&D) activities in India, according to an exchange filing. — [Source](https://economictimes.indiatimes.com/industry/telecom/telecom-news/lt-technology-services-signs-five-year-deal-with-nokia-for-rd-support-in-india/articleshow/135202158.cms)
- 2026-10-25 — CNBC-TV18: **Record Date Alert: Nine Stocks that will trade ex-dividend during this week** — As many as nine stocks will see their record date for dividend announcement they made earlier, along with their September quarter results. The eight stocks include names such as Hexaware Technologies, L&T Technology Services, Cyient, Nippon Life India AMC, CRISIL, Shriram Finance, Chennai Petro, RailTel & Steel Strips Wheels. — [Source](https://www.cnbctv18.com/photos/market/hexaware-ltts-cyient-railtel-nippon-life-amc-steel-strips-wheels-ex-dividend-record-date-share-price-20018858.htm)
- 2026-10-25 — Mint: **IT stocks dividend record date this week: Cyient, LT Tech, Hexaware, Hypersoft, Sagility - Who pays most? Amount, return** — Five IT stocks have dividend record dates from October 26 to 30. Announced payouts include ₹20 per share from L&T Technology Services, ₹12 from Cyient, ₹9.50 from Hexaware, and ₹0.15 from Sagility. Nifty IT rose nearly 1.17% over five sessions despite broader market weakness. — [Source](https://www.livemint.com/market/stock-market-news/it-stocks-dividend-record-date-this-week-cyient-lt-tech-hexaware-hypersoft-sagility-who-pays-most-amount-return-11792938159348.html)
- 2026-10-24 — Mint: **Dividend, split, rights issue, buyback next week: Hexaware Tech, Cyient, RailTel to Sagility - Check record dates** — At least 25 companies have set record dates between October 26 and 30 for corporate actions, including dividends, rights issues and resolution plan suspensions. Hexaware Technologies, Shriram Finance, RailTel and others are among the companies in focus. — [Source](https://www.livemint.com/market/stock-market-news/dividend-split-rights-issue-buyback-next-week-hexaware-tech-cyient-railtel-to-sagility-check-record-dates-11792826529111.html)
- 2026-10-21 — BUSINESSTODAY: **LTTS shares rally 15%: Should you buy this IT stock after Q2 results?** — LTTS shares, LTTS news, LTTS target, LTTS analyst targets, LTTS news, L&T Tech share price, L&T Tech news,L&T Technology Services Ltd — [Source](https://www.businesstoday.in/markets/stocks/story/ltts-shares-rally-15-should-you-buy-this-it-stock-after-q2-results-562734-2026-10-21)
- 2026-10-21 — CNBC-TV18: **L&T Tech shares see biggest single-day gain in five years post strong Q2 results — Details here** — A total of 33 analysts have coverage on L&T Tech, of which, 16 have a "buy" rating, 12 say "hold", and five have a "sell" rating on the stock. — [Source](https://www.cnbctv18.com/market/ltts-lt-technology-services-share-price-q2-result-reaction-margin-ai-revenue-upgrades-target-buy-sell-returns-20015842.htm)
- 2026-10-21 — Mint: **IT stocks on fire, rally up to 15% today; check performance of TCS, L&T Technology, Wipro, Infosys | Jefferies bullish** — The Nifty IT index rose as investors welcomed strong results from L&T Technology Services and renewed hopes for traditional technology spending. Jefferies sees re-rating potential for Infosys, TCS, but warned that a recovery is not assured given AI-related risks and wider market pressures. — [Source](https://www.livemint.com/market/stock-market-news/it-stocks-on-fire-rally-up-to-15-today-check-performance-of-tcs-l-t-technology-wipro-infosys-jefferies-bulli-11792559488325.html)
- 2026-10-21 — MONEYCONTROL: **Hold LT Technology Services; target of Rs 3390: Prabhudas Lilladher** — Prabhudas Lilladher, hold, LT Technology Services, Recommendations — [Source](https://www.moneycontrol.com/news/business/hold-lt-technology-services-target-of-rs-3390-prabhudas-lilladher-14056465.html)
- 2026-10-21 — Economic Times: **Why L&T Technology shares jumped 11% to hit the Rs 4,000 level afterQ2 results** — L&T Technology Services shares rose sharply past Rs 4,000 after Q2 results beat expectations, driven by margin expansion, AI-led deal wins and strong sustainability business growth. Management expects a stronger second half of FY27, while Motilal Oswal, Nuvama and Nomura raised their target prices but maintained cautious ratings. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/why-lt-technology-shares-jumped-11-to-hit-the-rs-4000-level-afterq2-results/articleshow/135082035.cms)
- 2026-10-21 — Mint: **L&T Tech Services shares surge 15% after Q2 results - Should investors buy, sell, or hold the stock? Experts suggestion** — L&T Technology Services share price opened at ₹3,848 against its previous close of ₹3,609.80 and jumped 14.70% to an intraday high of ₹4,140.50. — [Source](https://www.livemint.com/market/stock-market-news/lt-tech-services-shares-surge-15-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggest-11792556660824.html)
- 2026-10-21 — MONEYCONTROL: **Price Action: Transrail Lighting jumps 5% on stake acquisition; L&T Technology Services surges 12% post Q2 earnings** — Buzzing Stocks,Buzzing Stocks Today — [Source](https://www.moneycontrol.com/news/business/markets/price-action-transrail-lighting-jumps-5-on-stake-acquisition-l-t-technology-services-surges-12-post-q2-earnings-14056275.html)
- 2026-10-21 — FEEDS: **L&T Technology Services Shares Jump 10% After Q2 Results** — The stock gains more than 10% after the engineering services company beats revenue and margin estimates for a second consecutive quarter, prompting JPMorgan and Nomura to raise their price targets. — [Source](https://www.ndtvprofit.com/business/l-t-technology-services-shares-jump-10-after-q2-results-12213273)
- 2026-10-21 — BUSINESSTODAY: **GIFT Nifty up 116 points; RIL, HD Fire, Infosys, Hind Zinc, IREDA, Adani among top stocks in focus** — GIFT Nifty, GIFT Nifty today, GIFT Nifty cues, GIFT Nifty signals, GIFT Nifty cues today, GIFT Nifty signals today, Stocks in news, Stocks to buy, Stocks to watch, Stocks in buzz, Stocks in focus, Reliance, HD Fire Protect, Infosys, Bajaj Finance, LTTS, Hind Zinc, ICICI Pru AMC, IREDA, Adani Group stocks — [Source](https://www.businesstoday.in/markets/trending-stocks/story/gift-nifty-up-116-points-ril-hd-fire-infosys-hind-zinc-ireda-adani-among-top-stocks-in-focus-562660-2026-10-21)
- 2026-10-21 — Mint: **Top stocks to watch today: Eternal, Reliance Industries, IREDA, RailTel shares in focus on Wed, 21 Oct | Full list** — Top stocks to watch: Eternal, Adani Green, Reliance Industries, IREDA, Bajaj Finance, Hindustan Zinc, Waaree Renewable Technologies are among the shares that will remain in focus on Wednesday. — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-eternal-reliance-industries-ireda-railtel-shares-in-focus-on-wed-21-oct-full-list-11792546323951.html)
- 2026-10-20 — CNBC-TV18: **Nifty Outlook for October 21: Higher oil prices dampen index recovery; focus back at lower levels** — The Nifty Bank too has closed very near to its near-term support zone of 55,500 and in case there happens to be sustained selling below that mark, it can take the index back down to 55,000 or even 54,500 on the downside. Any potential recovery on the upside could encounter hurdles at 56,000. — [Source](https://www.cnbctv18.com/market/trade-setup-nifty-prediction-outlook-october-21-jio-platforms-ipo-banks-higher-crude-key-levels-20015526.htm)
- 2026-10-20 — CNBC-TV18: **Stocks to Watch for October 21: Bajaj Finance, Hind Zinc, IREDA, LTTS and more** — From Bajaj Finance, Hind Zinc, IREDA, LTTS reporting their Q2 results to Harish Bhat resigning as Non-Executive, Non-Independent Director of Trent; these are stocks to track ahead of Wednesday trading session. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-october-21-bajaj-finance-hind-zinc-ireda-ltts-and-more-20015256.htm)

## Business profile

**Strategic vision:** Global engineering research and development services company.

### Business segments
- **Engineering R&D Services:** The company offers design, engineering, and research services across the product lifecycle, including product design, analysis, prototyping, testing, and manufacturing engineering.
- **Digital Engineering and Smart Manufacturing Solutions:** LTTS provides specialized digital engineering and smart manufacturing solutions to customers across various sectors.

### Competitive strengths
- Offers specialized digital engineering and smart manufacturing solutions.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/ltts
Markdown representation: https://faxioms.com/stocks/ltts?render=md