LTIMindtree shares a good buying opportunity after decent Q1 FY26 show? A quick take

LTIMindtree Stock Price News, Q1 FY26 Earnings: LTIMindtree shares took centre stage on Dalal Street on Friday morning after the IT major reported a good set of financial results for the first quarter of FY26. The stock declined by as much as 2.2 per cent to Rs 5,078.1 apiece on BSE. After the market hours on Thursday, the company posted an 11 per cent jump in its net profit to Rs 1,254 crore sequentially for the quarter ended June 30, with 0.7 per cent growth in revenue to Rs 9,841 crore.

Both the top and bottom lines largely met analysts' estimates.

According to Zee Business research, the IT company was estimated to register a net profit of Rs 1,218 crore with revenue of Rs 9,846 crore for the June quarter.

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Its quarterly earnings before interest and taxes (EBIT) came in at Rs 1,407 crore, marking a 4.6 per cent quarter-on-quarter rise that was in line with estimates.

The company's EBIT margin--a key measure of profitability--also met the mark in terms of Street expectations, at 14.3 per cent. That was 50 bps higher compared with the previous quarter.

How market guru Anil Singhvi views LTIMindtree results

According to Zee Business Managing Editor Anil Singhvi, LTIMindtree's has staged the best growth in the IT space in the current earnings season.

Its EBIT margin is strong, at 14.3 per cent, according to the market wizard.

Is it a good time to buy LTIMindtree shares today? Here's what Anil Singhvi recommends

Singhvi recommends buying LTIMindtree futures for targets of Rs 5,280, Rs 5,360 and Rs 5,440 with a stop loss at Rs 5,125.

His target implies a 4.8 per cent upside potential from Thursday's closing price.

How to deal in LTIMindtree shares for long term?

Most brokerages have affirmed positive views about the IT company after its Q1 results announcement.

HSBC target implies over 15% upside in LTIMindtree shares

According to HSBC, LTIMindtree's Q1 results are broadly in line with expectations, with continued improvement in the company's fundamentals.

The brokerage maintained a 'buy' call on the stock while raising its target price by Rs 100 to Rs 6,000 apiece.

HSBC expects LTIMindtree to clinch nearly double the growth compared to other mega cap IT companies over the medium to long term.

According to the brokerage, there is potential for a strong growth pickup in the stock at still-attractive valuations.