# LTM Shares Plunge 5% After Mixed Q2 Results

> LTM shares drop 5% as Nomura downgrades to Neutral while Motilal Oswal keeps Buy rating.
- Title: LTM Shares Plunge 5% After Mixed Q2 Results · Financialexpress
- Summary: 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…
- Keywords: ltm, nomura, motilal oswal, q2fy27, share price, stock market, buy rating, neutral rating, business, money, news, Shares
- Source: Financialexpress — https://financialexpress.com/market/ltm-share-price-plunges-5-after-mixed-q2-is-it-a-buy-or-sell-now-4364531
- Author: Ashutosh Pati
- Published: 2026-10-19T05:08:40+00:00
- Read time: 1 min
- Topics: ltm, nomura, motilal oswal, q2fy27, share price, stock market, buy rating, neutral rating, business, money, news
## 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.
## Key takeaway

LTM shares fell 5% after mixed Q2FY27 results; Nomura downgraded to Neutral with 3% upside potential while Motilal Oswal maintained Buy with 18% upside.