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We did Rs 2200 crores revenue last year and about Rs 150 crores of EBITDA, Rs 160 crores I think we did and that is possibly going to grow north of Rs 3000 crore very easily this year. And we are in a space which is growing very well. When you are on the right ride, then everybody wants a part of it.

Shares of LTIMindtree rise as Nifty gains

Updated at : 2023-09-05 12:25:01

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On the technical charts, the 200-day moving average of the stock stood at Rs 4739.28.

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As of 30-Jun-2023, promoters held 69.38 per cent stake in the company, while FIIs held 11.34 per cent and domestic institutional investors had 3.88 per cent.

The latest ESOP will be offered to employees who have at least two years of experience in the company and meet highest performance ratings, Nirmal Jain, IIFL Founder and Group Managing Director, said.

Multi-year breakout with volumes. Eyeing steadyup move.

Between private and public sector banks, the latter has registered higher gains than the former, but most are in the midcap and smallcap space.

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Crypto investors remain haunted by the chaos that descended on the sector last year when the implosion of the FTX exchange and other major firms, including hedge fund Three Arrows Capital, sent shockwaves through the industry.

The IDFC First Bank shares today hit their 52-week high of Rs 100.70 on the NSE around 9:50 am and have remained undefeated for seven sessions in a row including today. The stock has gained nearly 11% during the rally.

“Metal as a commodity would probably have a relatively longer bull run going forward from now. Metal as a space would remain relatively stronger going forward. That is where instead of buying the expensive railway stocks, I would prefer to buy into the commodity place like steel at this point of time.”

A man must believe in himself and his judgment if he expects to make a living at this game. That is why I don’t believe in tips. If I buy stocks on Smith’s tip I must sell those same stocks on Smith’s tip. I am depending on him. Suppose Smith is away on a holiday when the selling time comes around. No, sir, nobody can make big money with what someone else tells him to do.

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