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LTIMindtree slides despite profit jump; ₹4,670 breakdown risk
short by / on Friday, 18 July, 2025
LTIMindtree reported an 11% YoY rise in Q1 profit to ₹1,255 crore, but shares fell 1.2% amid weak IT sentiment. Analyst Harika Enjamuri flagged a bearish setup, with key support at ₹5,080-5,100. A breakdown may push the stock to ₹4,670 and RSI also shows weakening momentum. Retail sentiment remains bullish despite a 9% YTD decline.
read more at Stocktwits