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Wednesday, October 21, 2026Updated 13:12 UTC

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Why L&T Technology shares jumped 11% to hit the Rs 4,000 level afterQ2 results

Source: Economic Times · Oct 21, 2026 04:22 UTC

Trading floor of the New York Stock Exchange with banks of monitors — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

L&T Technology Services shares rose sharply past Rs 4,000 after Q2 results beat expectations, driven by margin expansion, AI-led deal wins and strong sustainability business growth. Management expects a stronger second half of FY27, while Motilal Oswal, Nuvama and Nomura raised their target prices but maintained cautious ratings.

Read the full story at Economic Times

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