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L&T Tech Q3 Results Review — Motilal Oswal Reiterates 'Buy' On The Stock; Revises Target Price; Here's Why
The recent correction in the stock price (down ~19% from peak) makes valuations relatively comfortable, says the brokerage.
16 Jan 2025, 09:55 AM IST 
L&T Technology Services’ Q3 FY25 revenue was up 1.7% QoQ/7.3% YoY in USD terms versus the brokerage's estimate of ~3.7% QoQ growth.
(Source: Company website)
L&T Technology remains a diversified engineering research and development play, and with the added platform engineering capabilities from Intelliswift, it could be in pole position to capture the medium term growth recovery.
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