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#479 Daily Money Show | Money Purse Stock Market News
Original: # 479 Daily Money Show | Money Purse Stock Market News
Takeaway
L&T Tech Services six-vertical strategy and 21% margins highlighted along with positive inflation-recovery sentiment.
Summary
- Sensex +261, Nifty +98 at 17,956; inflation-related discussions
- L&T Technology Services discussed: SWC business revenue ~$10.98 billion, 700+ employees; 25% contribution from segment, third cyber security segment with 20% contribution
- LTTS six big-bet strategy: Next Generation Communications, sustainable space, cybersecurity; margins 21% overall vs SWC business at 8-10%
- Brokerages have buy ratings on LTTS post-acquisition; positive management commentary on client matrix
- Friday Fun trivia segment about Indian/Pakistan trains and Southern Railways monthly numbers (₹38.97 cr)
LTTSmarginsdaily market
Original description
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