L&T Technology Q1 Review: Nomura Raises Target Price, Peers Cut On Forex Headwinds
Brokerages retained a cautious stance on L&T Technology Services Ltd. (LTTS) after its June-quarter FY27 earnings, with Nomura marginally raising its target price following a better-than-expected performance, while Kotak Securities, JPMorgan and Nuvama lowered their price targets amid demand uncertainties and forex-related headwinds. Analysts broadly agreed that the engineering services company delivered a decent quarter, … Read more