From Financialexpress · Ashutosh Pati · · 1m
LTM Shares Plunge 5% After Mixed Q2 Results
LTM shares drop 5% as Nomura downgrades to Neutral while Motilal Oswal keeps Buy rating.
In brief
LTM shares drop 5% as Nomura downgrades to Neutral while Motilal Oswal keeps Buy rating. LTM shares fell 5% after mixed Q2FY27 results; Nomura downgraded to Neutral with 3% upside potential while Motilal Oswal maintained Buy with 18% upside. Originally reported by Financialexpress.
LTM Share Price Plunge
LTM shares fell over 5% after mixed Q2FY27 earnings on October 19, 2026.
Nomura Downgrade
Nomura downgraded LTM to 'Neutral' from 'Buy' with unchanged target price of Rs 4,410.
Motilal Oswal Rating
Motilal Oswal retained 'Buy' rating with target price of Rs 5,050 implying 18% upside.
Q2FY27 Earnings
LTM reported 4.6% sequential decline in net profit to Rs 1,398 crore with 1.7% revenue growth.
Deal Wins Slowdown
Deal wins fell to $1.26 billion from $1.68 billion in previous quarter.
Nomura's Valuation Concerns
Nomura downgraded due to valuations as LTM expects better H2FY27 growth than H1FY27.
Motilal Oswal's FY28 Outlook
Motilal Oswal sees positive outlook for FY28 with improved growth and margins.
The short version
LTM shares fell 5% after mixed Q2FY27 results; Nomura downgraded to Neutral with 3% upside potential while Motilal Oswal maintained Buy with 18% upside.
