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L&T Technologies Services Ltd.

Discussion in 'Fundamental Analysis' started by mailtoswarup, Sep 9, 2017.

  1. mailtoswarup

    mailtoswarup Member

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    Hi I would like to have members view on LTTS for long term investment. This stock was listed a year ago but haven't performed since then. It is a debt free company providing services to 200 comanies
    It has got share capital of 20.4 Cr
    P/E of 18.63
    Last quarter profit 104 Cr
    EPS 42.6

    Please do share your views

    Thanks
     
  2. shabbir

    shabbir Administrator Staff Member

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    I think Indian IT companies are more inclined towards providing the man power and services to the western world and there is a hope that all jobs will be lost and that is not the case but then if you want to be investing in Indian IT companies, you should keep your TV news channels off and forget them for few years. If you can't go with the theme that is working as of now but valuations looks really stretched