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Why did L&T Tech stock skyrocket 10% today?
short by Pragya Swastik / on Thursday, 16 January, 2025
L&T Technology Services' stock skyrocketed 10% on Thursday following Q3 earnings. While the company's revenue missed analysts' expectations, it reported a nearly 1% sequential rise in its Q3 net profit to ₹322.40 crore. The company won eight large deals across segments, recording its highest-ever large deal bookings in Q3. "CY25 will be better than CY24," L&T Tech said.
read more at Moneycontrol