L&T Tech Services shares surge 15% after Q2 results - Should investors buy, sell, or hold the stock? Experts suggestion
New Delhi, Oct. 21 -- L&T Technology Services shares soared as much as 15% in morning deals on the BSE on Wednesday, 21 October, buoyed by the company's September quarter (Q2FY27) results. L&T Technology Services share price opened at Rs.3,848 against its previous close of Rs.3,609.80 and jumped 14.70% to an intraday high of Rs.4,140.50.
After market hours on Monday, 19 October, L&T Technology Services announced its Q2FY27 revenue stood at Rs.3,040.4 crore, rising 3.4% quarter-on-quarter (QoQ) and 12.1% year-on-year (YoY).
Dollar revenue increased by 2.7% QoQ and 4.8% YoY in constant currency (CC) terms to $317 million for the quarter.
The company's net income for the quarter rose by 53.7% QoQ and 66.8% YoY to Rs.548.2 crore, including...
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