LTIMindtree Dividend: Technology consulting and IT services are offered by Mindtree Limited both domestically and abroad. The business operates In Various divisions :-
- Financial services and Insurance.
- Communication, Media, and Technology.
- Travel, Transport, and Hospitality.
- Retail, Consumer Packaged Goods, and Manufacturing.
Now Let us discuss about LTIMindtree Upcoming Dividend.
LTIMindtree Dividend 2023
|Sector||Software And Services|
|Industry||IT Consulting And Services|
|Company Listed On||NSE, BSE|
|Dividend Announced Date||25 September, 2023|
|Dividend Ex-Date||27 October, 2023|
|Dividend Record Date||27 October, 2023|
|Dividend Type||Interim Type Dividend|
|More Upcoming Dividends||Check Here|
LTIMindtree Past Dividend History
|10 July, 2023||40.00₹|
|31 January, 2023||20.00₹|
|30 June, 2022||30.00₹|
|25 October, 2021||15.00₹|
|30 July, 2021||10.00₹|
LTIMindtree Company Fundamental
|Company Name||LTIMindtree Ltd.|
|Market Capitalization||154,166.70 Cr|
|Debt To Equity||0.00|
|1 Year Return||230.00₹ Per Share|
|Face Value||01.00₹ Per Share|
Is LTIMindtree share a good buy?
Compared to the sector P/E of 29.26, LTI Mindtree has a TTM P/E ratio of 34.53.On LTI Mindtree, 36 analysts have started to follow the company. There are 6 experts who rate it as a “strong buy,” and 11 analysts who rate it as a “buy.” The stock has received a sell rating from 8 analysts. In its most recent quarter, the company reported a net profit of 1,151.50 Crores. Infosys (-0.31%), HCL Technologies (-0.56%), LTI Mindtree (-1.06%), and other companies are among LTI Mindtree’s listed rivals.
LTI Mindtree has a promoter holding of 68.66% and a public stake of 31.33%.On June 30, 2023, the Mutual Fund holding in LTI Mindtree was 4.65%. The MF holding has grown from the previous quarter. At the end of June 2023, FIIs owned 8.21% of LTI Mindtree. Since the previous quarter, the FII holding has dropped.
What is the future of LTIMindtree stock?
Earnings and revenue growth of LTIMindtree are anticipated to increase by 15% and 10.8% year, respectively. The predicted increase in EPS is 15.7%. In three years, the return on equity is expected to be 27.4%.