{"id":318819,"date":"2026-10-21T10:37:36","date_gmt":"2026-10-21T05:07:36","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=318819"},"modified":"2026-10-21T10:37:36","modified_gmt":"2026-10-21T05:07:36","slug":"l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/","title":{"rendered":"LTTS Share Price Surges 15% After Q2 Results: Should Investors Buy, Sell or Hold the Stock? What Experts Suggest"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>The LTTS share price opened at Rs 3,848 against a previous close of Rs 3,609.80 on BSE and touched an intraday high of Rs 4,140.50, a jump of 14.7%, after L&#038;T Technology Services reported its Q2 FY27 results. At 10:26 AM IST on 21 Oct 2026 the stock was at about Rs 4,010 on NSE, up 11% from Rs 3,611.30. Reported net profit rose 66.8% to Rs 548.2 crore, but Rs 165 crore of that is a one-time gain. I could not access the brokerage notes behind the expert views on the Q2 results, so none is quoted.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The LTTS share price rose sharply on 21 Oct 2026 because Q2 FY27 revenue grew 12.1% to Rs 3,040.4 crore, the EBIT margin improved to 16.3% and large deal wins crossed $200 million. Reported net profit of Rs 548.2 crore was boosted by a Rs 165 crore gain from selling the SWC business, so the cleaner profit figure is about Rs 380 crore. The board also declared an interim dividend of Rs 20 per share with a record date of 27 Oct 2026. Whether to buy, sell or hold the LTTS share price depends on how much of the rally you believe is already in the price, so the data below shows what has changed and what has not.<\/p>\n<\/p><\/div>\n<p>The LTTS share price had fallen 2.78% on 19 Oct, the day the Q2 results came out after market hours, and the first reaction on 21 Oct reversed that and more. The LTTS share price opened 6.6% higher on BSE and kept climbing for the first hour, helped by a strong tape in IT stocks.<\/p>\n<p>This guide to the LTTS share price covers the price move, the Q2 results, how much of the profit is one-off, the deal and AI commentary, the dividend, how the stock behaved after its last results and the risks. It is educational and not a recommendation to buy or sell any share.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/#LTTS_Share_Price_Today_How_Far_the_Stock_Has_Moved\" title=\"LTTS Share Price Today: How Far the Stock Has Moved\">LTTS Share Price Today: How Far the Stock Has Moved<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/#LTTS_Q2_FY27_Results_at_a_Glance\" title=\"LTTS Q2 FY27 Results at a Glance\">LTTS Q2 FY27 Results at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/#How_Much_of_the_Net_Profit_Jump_Is_a_One-Off\" title=\"How Much of the Net Profit Jump Is a One-Off?\">How Much of the Net Profit Jump Is a One-Off?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/#Large_Deals_AI_Revenue_and_the_Outlook\" title=\"Large Deals, AI Revenue and the Outlook\">Large Deals, AI Revenue and the Outlook<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/#Should_You_Buy_Sell_or_Hold_the_LTTS_Share_Price\" title=\"Should You Buy, Sell or Hold the LTTS Share Price?\">Should You Buy, Sell or Hold the LTTS Share Price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/#The_Dividend_and_Record_Date\" title=\"The Dividend and Record Date\">The Dividend and Record Date<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/#What_Happened_to_the_LTTS_Share_Price_After_Its_Last_Results\" title=\"What Happened to the LTTS Share Price After Its Last Results\">What Happened to the LTTS Share Price After Its Last Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/#What_to_Watch_Next_for_the_LTTS_Share_Price\" title=\"What to Watch Next for the LTTS Share Price\">What to Watch Next for the LTTS Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/#Why_did_the_LTTS_share_price_jump_15_on_21_Oct_2026\" title=\"Why did the LTTS share price jump 15% on 21 Oct 2026?\">Why did the LTTS share price jump 15% on 21 Oct 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/#What_is_the_real_profit_growth_behind_the_LTTS_share_price_rise\" title=\"What is the real profit growth behind the LTTS share price rise?\">What is the real profit growth behind the LTTS share price rise?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/#What_is_the_LTTS_dividend_and_record_date\" title=\"What is the LTTS dividend and record date?\">What is the LTTS dividend and record date?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/#What_did_brokerages_say_about_the_LTTS_share_price_after_Q2\" title=\"What did brokerages say about the LTTS share price after Q2?\">What did brokerages say about the LTTS share price after Q2?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/#Should_I_buy_the_LTTS_share_price_after_a_15_gap_up\" title=\"Should I buy the LTTS share price after a 15% gap up?\">Should I buy the LTTS share price after a 15% gap up?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/#How_is_the_LTTS_share_price_valued_compared_with_the_industry\" title=\"How is the LTTS share price valued compared with the industry?\">How is the LTTS share price valued compared with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/#What_are_the_risks_for_the_LTTS_share_price\" title=\"What are the risks for the LTTS share price?\">What are the risks for the LTTS share price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/l-and-t-tech-services-shares-surge-15-percent-after-q2-results-should-investors-buy-sell-or-hold-the-stock-experts-suggestion\/#Is_this_article_investment_advice\" title=\"Is this article investment advice?\">Is this article investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"LTTS_Share_Price_Today_How_Far_the_Stock_Has_Moved\"><\/span><strong>LTTS Share Price Today: How Far the Stock Has Moved<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">NSE<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">BSE<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Previous close (19 Oct)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 3,611.30<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 3,609.80<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Open on 21 Oct<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 3,830.70<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 3,848<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Intraday high<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 4,143<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 4,140.50<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Last price (10:26 AM IST)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 4,009.90, up 11.0%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 4,011.30, up 11.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">52-week range<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 3,010 to Rs 4,726<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 3,030 to Rs 4,746.95<\/td>\n<\/tr>\n<\/table>\n<p>The LTTS share price has given back about a quarter of its peak gain since the high, which is common after a results gap. At Rs 4,010 it is about 33% above its 52-week low and about 15% below its 52-week high (my calculation). It was Rs 3,379.80 on 24 Apr, so the LTTS share price is up about 19% in six months, and it was above Rs 3,700 as recently as 16 Oct before the dip.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Compare LTTS with other IT stocks on the Univest Screener<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"LTTS_Q2_FY27_Results_at_a_Glance\"><\/span><strong>LTTS Q2 FY27 Results at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Metric<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Q2 FY27<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Change<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Revenue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 3,040.4 crore (about $317.1 million)<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 12.1% YoY and 3.4% QoQ in rupees<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Constant currency growth<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">4.8% YoY, 2.7% QoQ<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Dollar basis<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">EBIT<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 496.6 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Margin 16.3%, up 60 bps QoQ and 220 bps YoY<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 548.2 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 66.8% YoY and 53.7% QoQ<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net profit margin<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">18.0%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Lifted by the one-off gain<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Headcount<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">24,035<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">As of 30 Sep 2026<\/td>\n<\/tr>\n<\/table>\n<p>Some outlets print the net profit as Rs 5,482 crore. That is a units error, since the company reports Rs 5,482 million, which is Rs 548.2 crore, and I use the corrected figure throughout. Revenue growth of 12.1% in rupees looks strong, but the constant currency figure of 4.8% is the better guide to underlying demand because the rupee has weakened against the dollar.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get price alerts on LTTS.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Much_of_the_Net_Profit_Jump_Is_a_One-Off\"><\/span><strong>How Much of the Net Profit Jump Is a One-Off?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Amount<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Comment<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Reported net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 548.2 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 66.8% from Rs 328.7 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Gain from SWC disinvestment<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 165 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 30% of reported profit<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Profit excluding the gain<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 380 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A report puts it at Rs 379.6 crore, up 19.7% from Rs 317.2 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">My simple subtraction<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 383.2 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 548.2 crore less Rs 165 crore, before any tax on the gain<\/td>\n<\/tr>\n<\/table>\n<p>The company release does not say whether the gain was taxed, which is why the two cleaner figures differ by about Rs 3.6 crore. Either way, the underlying profit grew by about 20%, not 67%, and that is the number the LTTS share price should be judged against.<\/p>\n<p><strong>Risk:<\/strong> A trailing price to earnings ratio of about 29 against an industry figure of 17.5 may include the one-off gain, so the LTTS share price could look better or worse value than it is on clean earnings. Check the ratio for the LTTS share price again once the next quarter is out.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Large_Deals_AI_Revenue_and_the_Outlook\"><\/span><strong>Large Deals, AI Revenue and the Outlook<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Detail<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Large deal wins<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">More than $200 million in total contract value in Q2<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">AI share of those deals<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">More than 50%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Individual wins<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">One of $75 million, one above $30 million, one of $25 million and six above $10 million<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Engineering Intelligence revenue<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About $120 million annualised, as reported<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Management outlook<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Revenue momentum to strengthen further in H2 with healthy EBIT margins<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Five-year aspiration<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">13% to 15% revenue growth a year and 16% to 17% EBIT margin<\/td>\n<\/tr>\n<\/table>\n<p>CEO Amit Chadha tied the sequential gains in revenue, margin, large deals and AI revenue to the company&#8217;s Engineering Intelligence push, including the EIOne platform and a lab set up with NVIDIA for physical AI. Large deals matter for the LTTS share price because they feed revenue over several quarters, but total order intake and attrition were not given in the release, so the quality of the pipeline behind the LTTS share price cannot be fully checked.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Should_You_Buy_Sell_or_Hold_the_LTTS_Share_Price\"><\/span><strong>Should You Buy, Sell or Hold the LTTS Share Price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">View<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">What supports it<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">What would challenge it<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Buy<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Higher margin, strong deal wins, AI momentum, H2 guidance<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">The LTTS share price already gained 11% to 15% in one session<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Hold<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Underlying profit up about 20% with a 16.3% EBIT margin<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Constant currency growth of 2.7% QoQ is modest<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Sell or book profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">A gap-up of this size can fade within days<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Dividend of Rs 20 is only about 0.5% of the price<\/td>\n<\/tr>\n<\/table>\n<p>Zeebiz carried a bull versus bear piece with views from JPMorgan, Nomura, Citi and Motilal Oswal, but I could not open the text, so I do not quote their ratings or targets. Check each brokerage note for its target price and its reasons before relying on a headline.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_Dividend_and_Record_Date\"><\/span><strong>The Dividend and Record Date<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The board declared an interim dividend of Rs 20 per share with a record date of 27 Oct 2026. At about Rs 4,010 the interim dividend is a payout of roughly 0.5% of the LTTS share price (my calculation), so it is a small part of the return. One source lists the face value as Rs 20 and another as Rs 2, so check the exchange filing for the exact figure if it matters to you.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Happened_to_the_LTTS_Share_Price_After_Its_Last_Results\"><\/span><strong>What Happened to the LTTS Share Price After Its Last Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>After the Q1 results in July the LTTS share price rose 6.5% in one session, from Rs 3,293.10 on 14 Jul to Rs 3,508.30 on 15 Jul, but it was back at Rs 3,306.40 by 21 Jul, as the daily data show (my calculation). That fade is the main reason some investors wait for a pullback in the LTTS share price after an earnings gap. This time the move is larger, and the market is also being lifted by IT stocks, which gained about 2.3% on the Nifty IT index at 10:26 AM IST.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_for_the_LTTS_Share_Price\"><\/span><strong>What to Watch Next for the LTTS Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Whether the LTTS share price holds above its 19 Oct close of Rs 3,611 after the gap<\/li>\n<li>The record date of 27 Oct for the Rs 20 interim dividend<\/li>\n<li>Brokerage target changes and any rating upgrades after the Q2 results<\/li>\n<li>Large deal conversion and order intake disclosed in Q3<\/li>\n<li>Moves in the Nifty IT index and the rupee<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The LTTS share price jumped on Q2 results because margins, deals and the AI story all improved, but the headline profit is flattered by a Rs 165 crore one-off gain. The cleaner picture is revenue up 12.1%, EBIT margin at 16.3% and underlying profit up about 20%, which is good but not 67%. Look at the data, check the brokerage notes and decide on your own risk profile.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_the_LTTS_share_price_jump_15_on_21_Oct_2026\"><\/span><strong>Why did the LTTS share price jump 15% on 21 Oct 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The company reported Q2 FY27 revenue growth of 12.1%, a higher EBIT margin of 16.3% and more than $200 million of large deal wins. Reported net profit also rose 66.8%, although part of that came from a one-time gain.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_real_profit_growth_behind_the_LTTS_share_price_rise\"><\/span><strong>What is the real profit growth behind the LTTS share price rise?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> A Rs 165 crore gain from the SWC disinvestment lifted reported profit to Rs 548.2 crore. Excluding it, profit is about Rs 380 crore, up roughly 19.7%, according to one report.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_LTTS_dividend_and_record_date\"><\/span><strong>What is the LTTS dividend and record date?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The board declared an interim dividend of Rs 20 per share with a record date of 27 Oct 2026. At about Rs 4,010 for the LTTS share price, that is a yield of roughly 0.5% on the interim payout alone.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_did_brokerages_say_about_the_LTTS_share_price_after_Q2\"><\/span><strong>What did brokerages say about the LTTS share price after Q2?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Zeebiz reported views from JPMorgan, Nomura, Citi and Motilal Oswal, but I could not access the text, so I do not quote their ratings or targets. Please read the original brokerage notes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_the_LTTS_share_price_after_a_15_gap_up\"><\/span><strong>Should I buy the LTTS share price after a 15% gap up?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> That depends on your time frame and risk limit. The stock gained about 11% in the first hour and faded from its high, and after the July results a similar rally gave back its gain within a week.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_is_the_LTTS_share_price_valued_compared_with_the_industry\"><\/span><strong>How is the LTTS share price valued compared with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The trailing price to earnings ratio is about 29 against an industry figure of about 17.5, with a return on equity of about 21.7%. The ratio may include the one-off gain, so recheck it after the next results.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_for_the_LTTS_share_price\"><\/span><strong>What are the risks for the LTTS share price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Constant currency growth of 2.7% QoQ is modest, the rupee can swing reported growth, and the stock has already rallied sharply. A weak tape in IT stocks could also pull the price down.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_article_investment_advice\"><\/span><strong>Is this article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why did the LTTS share price jump 15% on 21 Oct 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The company reported Q2 FY27 revenue growth of 12.1%, a higher EBIT margin of 16.3% and more than $200 million of large deal wins. Reported net profit also rose 66.8%, although part of that came from a one-time gain.\"}},{\"@type\":\"Question\",\"name\":\"What is the real profit growth behind the LTTS share price rise?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"A Rs 165 crore gain from the SWC disinvestment lifted reported profit to Rs 548.2 crore. Excluding it, profit is about Rs 380 crore, up roughly 19.7%, according to one report.\"}},{\"@type\":\"Question\",\"name\":\"What is the LTTS dividend and record date?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The board declared an interim dividend of Rs 20 per share with a record date of 27 Oct 2026. 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A weak tape in IT stocks could also pull the price down.\"}},{\"@type\":\"Question\",\"name\":\"Is this article investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LTTS share price jumped about 15% after Q2 FY27 results. See the 16.3% EBIT margin, Rs 20 dividend, the one-off gain behind the profit and what investors should weigh.<\/p>\n","protected":false},"author":28,"featured_media":318816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[11052,1133,13673,13675,13674,13672,13671,13676],"class_list":["post-318819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-interim-dividend","tag-it-stocks","tag-lt-technology-services","tag-ltts-buy-or-sell","tag-ltts-dividend","tag-ltts-q2-results","tag-ltts-share-price","tag-ltts-target-price"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["318816"],"rank_math_title":["LTTS Share Price Jumps After Q2 Results: Buy, Sell or Hold?"],"rank_math_description":["LTTS share price jumped about 15% to Rs 4,143 after Q2 FY27 results. See profit with the one-off gain, 16.3% EBIT margin, Rs 20 dividend, deals and what to weigh."],"rank_math_focus_keyword":["LTTS share price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/ltts-share-price-surges-15-after-q2-results-should-investors-buy-sell-or-hold.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/318819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=318819"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/318819\/revisions"}],"predecessor-version":[{"id":318823,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/318819\/revisions\/318823"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/318816"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=318819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=318819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=318819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}