Synopsis:
LIC increased its stake in LTIMindtree to 9.03% by acquiring 59.30 lakh shares, raising its total holding to 2.68 crore shares through market purchases.
This Large-cap IT Stock, engaged in providing global technology consulting and digital solutions, enabling enterprises to reimagine business models and accelerate innovation through digital transformation, jumped 2 percent after Life Insurance Corporation of India (LIC) increased its stake to 9.03 percent in the Company
With a market capitalization of Rs. 154,115.97 crores, the share of LTIMindtree Limited has reached an intraday high of Rs. 5,240 per equity share, rising nearly 2.37 percent from its previous day’s close price of Rs. 5,118.80. Since then, the stock has retreated and is currently trading at Rs. 5,199.30 per equity share.
What is the News?
Life Insurance Corporation of India (LIC) has increased its shareholding in LTIMindtree Limited through market purchases. Earlier, LIC held 2.08 crore shares, representing 7.029 percent of the company’s paid-up capital. On 3rd October 2025, LIC acquired an additional 59.30 lakh shares, which is about 2.001 percent of LTIMindtree’s total equity.
After this acquisition, LIC’s total shareholding in LTIMindtree has risen to 2.68 crore shares, representing 9.03 percent of the company’s paid-up share capital. This increased investment by LIC reflects strong confidence in LTIMindtree’s growth prospects and is expected to enhance investor trust and market sentiment towards the company.
Company Overview
LTIMindtree Limited was initially incorporated as L&T Information Technology Limited on 23 December 1996. LTIMindtree Limited is an Indian multinational information technology services and consulting company headquartered in Mumbai, operating as a subsidiary of Larsen & Toubro.
The company serves over 700 clients globally, offering digital solutions and technology consulting across industries such as BFSI, TMT, travel, and hospitality. The company employs over 83,000 professionals across more than 40 countries.
LTIMindtree Limited operates campuses in major Indian cities, including Mumbai, Bangalore, Pune, and Chennai, as well as international locations in the Americas, Europe, Asia Pacific, the Middle East, and Africa.
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Strategic Partnership
LTIMindtree has built strong partnerships with leading global technology companies such as Microsoft, AWS, Google Cloud, SAP, Oracle, IBM, Salesforce, Cisco, Dell Technologies, Adobe, ServiceNow, Hewlett Packard Enterprise, NVIDIA, Snowflake, Informatica, Databricks, Temenos, Pega, Duck Creek, and Tricentis.
Recent quarter results
Coming into financial highlights, LTIMindtree Limited’s revenue has increased from Rs. 9,143 crore in Q1 FY25 to Rs. 9,841 crore in Q1 FY26, which has grown by 7.63 percent. The net profit has also grown by 10.57 percent from Rs. 1,135 crore in Q1 FY25 to Rs. 1,255 crore in Q1 FY26.
LTIMindtree Limited’s revenue and net profit have grown at a CAGR of 28.43 percent and 24.8 percent, respectively, over the last five years. In terms of return ratios, the company’s ROCE and ROE stand at 27.6 percent and 21.5 percent, respectively. LTIMindtree Limited has an earnings per share (EPS) of Rs. 155.21, and its debt-to-equity ratio is 0.10x.
Written By – Nikhil Naik
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