LTIM LONG BUY TRADE IDEALTIM long trade idea
buy signal/call
1. stock have completed a cup & handle kind of pattern
2. consolidation of considerable time period happend at this breakout level
3. us fed cut will benefit this stock
4. strong fundamentals
5. big investors with healthy holdings
buy @ 6450 SL @ 6200-6300 target 1 - @7000 target 2nd @7500 target 3 @ 8000 target 4 @ 8500
time period - around coming 3-9 months
NSE:LTIM
LTIM
25 percent in 66 days expected roi in ltim basis results LTIMindtree Ltd., incorporated in the year 1996, is a Large Cap company (having a market cap of Rs 140,107.49 Crore) operating in IT Software sector.
LTIMindtree Ltd. key Products/Revenue Segments include Software Development Charges & Other Services for the year ending 31-Mar-2023.
For the quarter ended 31-03-2024, the company has reported a Consolidated Total Income of Rs 9,100.50 Crore, down 1.47 % from last quarter Total Income of Rs 9,236.10 Crore and up 3.92 % from last year same quarter Total Income of Rs 8,757.40 Crore. Company has reported net profit after tax of Rs 1,100.70 Crore in latest quarter.
The company’s top management includes Mr.A M Naik, Mr.S N Subrahmanyan, Mr.Debashis Chatterjee, Mr.Nachiket Deshpande, Mr.Sudhir Chaturvedi, Mr.R Shankar Raman, Mrs.Apurva Purohit, Mr.Bijou Kurien, Mr.Chandrasekaran Ramakrishnan, Mr.James Abraham, Mr.Rajnish Kumar, Mr.Sanjeev Aga, Mr.Vinayak Chatterjee, Mr.Vinit Ajit Teredesai, Mr.Tridib Barat. Company has Deloitte Haskins & Sells LLP as its auditors. As on 31-03-2024, the company has a total of 29.62 Crore shares outstanding.
my target 5999
stop loss 4777
for more shares wsup on 8459 22 02 02
happy investing
Review and plan for 25th April 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
LTIMNSE:LTIM
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
#DYNAMATECH 4126 Recommended Buy - Rachit Sethia #stockstowatchDYNAMATECH 4126
Open Targets and Open SL
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
LTIM Research Report (Rating: 7.4)Introduction
NSE:LTIM has demonstrated a transformative journey in terms of its financial health and performance over the past five years. This report aims to dissect its financial stability, strengths, potential risks, and present an evaluation for potential investors.
P/E Ratio Analysis
The Price to Earnings (P/E) ratio, often used to determine the market's expectation from a stock, currently stands at 41. This means that investors are willing to pay 41 times the company's earnings for its stock. Such a high ratio typically signifies high growth expectations for the company, especially when juxtaposed against the industry average.
D/E Ratio Analysis
The Debt to Equity (D/E) ratio is 0, illustrating that the company is free from external debt. This is impressive as it means the company is reliant purely on equity financing, substantially reducing the firm's financial risk. It showcases LTIMindtree's strong financial health.
Quick Ratio Analysis
With a Quick Ratio of 3.23, LTIMindtree proves it is more than capable of covering its short term liabilities using its short term assets. Generally, a ratio greater than 1 is healthy, but a score of 3.23 clearly stands out.
ROE Analysis
Return on Equity (ROE) provides insights into how effectively management is using shareholders’ funds. The current ROE is at 23.75%. This is a strong sign of how the firm is utilizing its equity to generate significant profits.
Net Profit Margin Analysis
An examination of the Net Profit Margin over five years reveals minor fluctuations. Starting at 16.56% in 2019, there's a slight decline to 15.24% in 2020, followed by a minimal increment until 2022 where it stands at 15.69%. However, a concerning dip is noticed in 2023, plummeting to 13.31%. The five-year average comes in at 15.25%, which signals consistent profitability but highlights the need to investigate the sudden dip in 2023.
Changes in Net Profit Margin
Analyzing the changes, we see a 7.97% drop in 2020, which somewhat recovers with a 1.44% rise in 2021. The marginal increment continues in 2022, but 2023 brings forth another stark drop of 15.17%. These fluctuations, especially the drastic drops, demand a detailed exploration.
Total Income Analysis
LTIMindtree's total income has steadily grown from ₹9,236.20 in 2019 to an extraordinary ₹32,476.20 in 2023, more than triple from the previous year. This indicates a robust financial performance.
Changes in Total Income
The company saw a steady growth rate in total income, from a 14.83% increase in 2020 to an 11.14% rise in 2021. The growth then accelerated to 27.22% in 2022, culminating in a colossal surge of 116.57% in 2023. A five-year average growth rate of 42.44% is an exceptional sign.
Total Revenue Analysis
Revenues have seen a similar trajectory. From ₹8907.20 in 2019, there's a remarkable jump to ₹31975.40 in 2023. This showcases the company's strong market presence and its potential growth capabilities.
Changes in Total Revenue
The annual growth rates further accentuate LTIMindtree's financial prowess. A steady rise of 14.34% in 2020, 13.53% in 2021, and a noticeable jump to 24.59% in 2022, followed by an eyepopping surge of 121.95% in 2023, paint a vivid picture of exponential growth.
EPS Analysis
Earnings Per Share (EPS) gives shareholders a direct view into the company’s profitability. From 2019’s 85.31, the EPS has witnessed a consistent rise to 143.93 in 2023.
Changes in EPS
Year on year growth rates emphasize this positive trajectory, with a moderate 4.69% increase in 2020, moving to 14.71% in 2021, followed by a notable 26.05% leap in 2022, and settling at 11.45% in 2023.
CEPS Analysis
Cash Earnings Per Share (CEPS) delves deeper into a company's financial strength by evaluating its cash earnings. The trajectory from 89.84 in 2019 to 165.39 in 2023 is an optimistic sign for potential investors.
Changes in CEPS
CEPS's growth has been robust with 12.64% in 2020, 16.00% in 2021, 24.08% in 2022, and 13.55% in 2023. This further underlines the company's cash profitability.
Interest Payments Analysis
Interest payments increased from a minimal ₹4.30 in 2019 to ₹144.00 in 2023. The jumps in 2020 and 2023 could be related to any increased borrowings or higher interest rates.
Interest Payments to Total Income
The ratio remains commendably below 1% for all years, hinting that interest payments are not a burden and are comfortably covered by the company's income.
Total Income to Expenditure Analysis
While the company has maintained a consistent ratio ranging from 1.28 in 2019 and 1.24 in 2023, there's a slight decline noticed in the latter year which should be monitored
Return on Net Worth/Equity Analysis
There was an alarming drop from 143.05% in 2019 to just 1.26% in 2021. Although it improved to 1.87% in 2023, the stark decline and low recovery rate over years raise concerns.
Average Return on Net Worth/Equity
Despite the sharp decline, a fiveyear average of 53.99% still presents a strong figure. However, potential investors should be wary of the downtrend.
ROCE Analysis
The Return on Capital Employed (ROCE) increased by a total of 20.17% from 2019 to 2023, emphasizing the company's effective capital utilization.
Average ROCE
Over five years, the company maintained an average ROCE of 8.61%, showcasing stable and efficient utilization of its capital resources.
ROA Analysis
LTIMindtree's ability to generate earnings from its assets is evident with an increasing ROA, from 4.53% in 2019 to 4.96% in 2023.
Average ROA
The five-year average of 4.15% signifies LTIMindtree's consistent capability in terms of asset utilization and profitability generation.
Financial Health Summary
LTIMindtree Ltd. presents an impressive financial portrait. Strong growth in revenue and total income, combined with negligible debt, paints a promising picture. However, concerns arise from the declining net profit margins in 2023 and the drastic decline in Return on Net Worth/Equity.
Stock Rating
Factoring in all the financial metrics, growth prospects, and potential red flags, LTIMindtree Ltd. secures an 7.4/10 rating. However, with the current financial landscape and the data provided, potential investors should approach with a measured optimism.
Swing Buy opportunity in LTIMEntry only when the 30min candle closes above 5113
TARGET: 5336
SL: 5012
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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