L&T Tech's Shares Fall by 2% amidst Rising Investor Attention

L&T Tech's Shares Fall by 2% amidst Rising Investor Attention

Mumbai, May 12, 2025 - L&T Technology Services, a key component of the NIFTY MIDCAP 150 index, saw its shares decline by 2.01% to Rs 4359.50 in today's trading session, sparking interest among investors.

According to a review of the company's financial performance as of March 2025, revenue has been steadily increasing, rising from Rs 2,653.00 Cr in December 2024 to Rs 2,982.40 Cr. The net profit for the quarter also saw a slight decrease to Rs 310.20 Cr, down from Rs 319.50 Cr in the previous quarter.

However, despite this minor dip, LT Technology Services has posted impressive growth over the years, with revenue increasing by 99% from 2021 to 2025 and net profits rising by 89%. The company's EPS has also increased to Rs 119.70 in March 2025, up from Rs 63.32 in 2021.

The company's shares currently trade at a price-to-earnings (P/E) ratio of 37.61, down from 44.45 in the previous quarter, indicating that some investors may be concerned about the recent decline in stock prices.

However, experts from Moneycontrol point out that overall sentiment for LT Technology Services remains bullish. As of May 12, 2025, Market analysts consider this recent price drop to reflect a shift in market dynamics, prompting several investors to take notice of the shares.

The drop has also reignited interest among investor, particularly with L&T Tech a key component of NIFTY MIDCAP 150 index