LTI Mindtree is a global IT services company that has been operating in the market for over two decades. The company has made a significant impact in the IT industry and has garnered a reputation for its innovative services and solutions.
With a strong presence in various countries, the company has been making steady progress over the years. Investors and analysts have been keeping a close eye on LTI Mindtree’s share price, and there is a lot of speculation about the company’s future.
The main focus of this article is to discuss the LTI Mindtree share price target for the next few years, and whether it is a good auto stock to buy. The article will analyze the current market trends and the company’s performance to determine its future prospects.
About the company
LTI Mindtree is a company that provides consulting, technology and managed services in areas such as application development and management, product engineering, business intelligence, and data warehousing. The company focuses on helping its customers optimize their investments in technology to create an enterprise-wide digital transformation.
The company has been consistently ranked among the top 10 IT services companies in India and has won numerous awards for its innovative approaches to technology and its commitment to customer service.
LTI Mindtree has been recognized by industry peers for its investments in research and development, its commitment to ethical practices, and its strong employee engagement. The company has built strategic partnerships with leading technology companies and has established itself as a trusted advisor to its customers, providing them with the expertise and resources they need to drive their digital transformation initiatives.
Stock history of LTI Mindtree
The stock history of LTI Mindtree began in January 2020, when the company’s shares were first listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Since then, the stock has seen a steady rise in its share price.
In January 2020, the stock opened at Rs.580 on the NSE and Rs.578 on the BSE. Since then, the stock has seen an impressive performance and has crossed the Rs.1,000 mark in May 2020.
The stock continued to rise and hit a new high of Rs.1,300 in October 2020, an impressive gain of over 124%. The stock price continued to stay above Rs.1,200 for most of the year before ending the year at Rs.1,278. Since then, the stock has gained massively during the last 2 years.
As of January 2023, LTI Mindtree is trading at Rs. 4,394.
Latest news about LTI Mindtree
➤ The third quarter profit of LTI Mindtree has declined by 5%, and a dividend of ₹20 has been announced.
➤ Venugopal Lambu, director of LTI Mindtree, has stepped down from his role.
How to buy LTI Mindtree shares?
The process of purchasing LTI Mindtree shares is relatively straight forward.
- Open a trading account: You will need to open a trading account with a broker, such as Zerodha, Upstox, or 5Paisa. Once you have opened the account, you will need to complete the KYC process.
- Fund your account: You will then need to fund your account with the amount you are looking to invest in LTI Mindtree shares.
- Place your order: Once your account is funded, you can place an order to buy the LTI Mindtree shares. You will need to specify the number of shares and the price you are willing to pay for them.
- Wait for the execution: Once your order is placed, the broker will execute it in the market, and you will have the LTI Mindtree shares in your demat account.
You can also buy shares from the following trading platforms:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Share Price Prediction of LTI Mindtree: 2023 to 2030
Share Price Target 2023 of LTI Mindtree
| When | Maximum Price | Minimum Price |
| January 2023 | ₹4,394.00 | ₹3,438.37 |
| February 2023 | ₹4,481.88 | ₹3,447.60 |
| March 2023 | ₹3,361.41 | ₹2,585.70 |
| April 2023 | ₹3,697.55 | ₹2,844.27 |
| May 2023 | ₹3,081.29 | ₹2,370.23 |
| June 2023 | ₹3,697.55 | ₹2,844.27 |
| July 2023 | ₹4,437.06 | ₹3,413.12 |
| August 2023 | ₹4,880.77 | ₹3,754.44 |
| September 2023 | ₹5,124.81 | ₹3,942.16 |
| October 2023 | ₹4,880.77 | ₹3,754.44 |
| November 2023 | ₹5,368.84 | ₹4,129.88 |
| December 2023 | ₹6,013.11 | ₹4,625.47 |
The share price prediction for LTI Mindtree in 2023 shows a bullish trend with a growth percentage ranging between 10% to 30%. The maximum price for January 2023 is predicted to be ₹4,394.00 and the minimum price is ₹3,438.37.
The trend continues to show an upward movement throughout the year with the maximum price reaching its highest in September 2023 at ₹5,124.81 and the minimum price in May 2023 at ₹2,370.23.
The last quarter of the year also shows a significant increase with the maximum price reaching ₹6,013.11 in December 2023. The overall trend indicates an uptrend in the share price of LTI Mindtree in 2023.
Share Price Target 2024 of LTI Mindtree
| When | Maximum Price | Minimum Price |
| January 2024 | ₹6,329.58 | ₹4,868.91 |
| February 2024 | ₹7,111.89 | ₹5,926.58 |
| March 2024 | ₹7,486.20 | ₹6,086.34 |
| April 2024 | ₹6,805.64 | ₹5,235.11 |
| May 2024 | ₹5,671.37 | ₹4,362.59 |
| June 2024 | ₹6,805.64 | ₹5,235.11 |
| July 2024 | ₹5,784.79 | ₹4,484.34 |
| August 2024 | ₹6,363.27 | ₹5,050.22 |
| September 2024 | ₹6,681.44 | ₹5,139.57 |
| October 2024 | ₹7,860.51 | ₹6,046.55 |
| November 2024 | ₹8,253.54 | ₹6,348.88 |
| December 2024 | ₹8,418.61 | ₹6,475.85 |
The LTI Mindtree share price target for 2024 shows an even more bullish trend compared to 2023. The maximum price for January 2024 is predicted to be ₹6,329.58 and the minimum price is ₹4,868.91.
The trend continues to show an upward movement throughout the year with the maximum price reaching its highest in October 2024 at ₹7,860.51 and the minimum price in May 2024 at ₹4,362.59. The last quarter of the year also shows a significant increase with the maximum price reaching ₹8,418.61 in December 2024.
The maximum and minimum share price targets for 2024 are ₹8,418.61 and ₹4,362.59 respectively.
Share Price Target 2025 of LTI Mindtree
| When | Maximum Price | Minimum Price |
| January 2025 | ₹8,586.98 | ₹6,605.37 |
| February 2025 | ₹9,038.93 | ₹6,953.02 |
| March 2025 | ₹9,490.87 | ₹7,300.67 |
| April 2025 | ₹8,474.00 | ₹6,518.46 |
| May 2025 | ₹7,703.63 | ₹5,925.87 |
| June 2025 | ₹8,474.00 | ₹6,518.46 |
| July 2025 | ₹8,070.47 | ₹6,208.06 |
| August 2025 | ₹8,406.74 | ₹6,466.72 |
| September 2025 | ₹8,827.08 | ₹6,790.06 |
| October 2025 | ₹9,356.70 | ₹7,197.46 |
| November 2025 | ₹10,011.67 | ₹7,701.29 |
| December 2025 | ₹10,211.91 | ₹7,855.31 |
The LTI Mindtree share price target for 2025 continues to show a bullish trend, with the maximum price reaching its peak in November 2025 at ₹10,011.67 and the minimum price in May 2025 at ₹5,925.87.
The first quarter of the year starts with a maximum price of ₹8,586.98 in January 2025 and a minimum price of ₹6,605.37 in February 2025. As the year progresses, the share price of LTI Mindtree continues to increase, reaching its highest in November 2025.
The overall trend of the share price indicates a steady uptrend throughout the year. The maximum and minimum share price targets for 2025 are ₹10,211.91 and ₹5,925.87 respectively.
LTI Mindtree Share Price Prediction 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹7,148.33 | ₹5,003.83 |
| 2027 | ₹6,076.08 | ₹4,253.26 |
| 2028 | ₹10,936.95 | ₹7,655.87 |
| 2029 | ₹22,466.19 | ₹15,726.33 |
| 2030 | ₹25,019.17 | ₹17,513.42 |
The LTI Mindtree share price prediction for 2026-2030 can be difficult to predict due to the uncertainty of the markets and the overall economy. However, analysts believe that the company has the potential to increase its share price in the next few years and it might reach around ₹25,019.17. The company has a strong presence in the IT services and software development sector, which is expected to remain strong in the future.
Also, LTI Mindtree has a strong presence in the digital transformation and cloud computing sectors, which are expected to grow significantly in the coming years. As such, it is likely that the LTI Mindtree share price could rise in the coming years.
Financial Condition of LTI Mindtree: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 | Trailing |
| Sales | 7,306.50 | 9,445.80 | 10,878.60 | 12,369.80 | 15,668.70 | 25,672.20 |
| Expenses | 6,119.10 | 7,562.50 | 8,849.30 | 9,644.70 | 12,610.30 | 20,984.60 |
| Operating Profit | 1,187.40 | 1,883.30 | 2,029.30 | 2,725.10 | 3,058.40 | 4,687.60 |
| Other Income | 426.10 | 302.30 | 329.20 | 274.40 | 466.70 | 591.00 |
| Depreciation | 156.30 | 147.20 | 273.00 | 332.50 | 354.90 | 582.40 |
| Interest | 15.70 | 10.60 | 82.60 | 78.80 | 72.80 | 112.00 |
| Profit before tax | 1,441.50 | 2,027.80 | 2,002.90 | 2,588.20 | 3,097.40 | 4,584.20 |
| Tax | 329.10 | 512.30 | 482.40 | 650.00 | 798.90 | 1,122.60 |
| Net profit | 1,112.00 | 1,515.90 | 1,520.10 | 1,936.10 | 2,296.80 | 3,459.50 |
| EPS | 64.65 | 87.37 | 87.31 | 110.76 | 131.02 | 116.95 |
| Price to earning | 20.74 | 19.49 | 16.36 | 36.60 | 46.98 | 37.62 |
| Price | 1,340.70 | 1,702.60 | 1,428.85 | 4,054.30 | 6,155.40 | 4,399.05 |
| RATIOS: | ||||||
| Dividend Payout | 33.26% | 32.14% | 32.05% | 36.16% | 41.91% | |
| OPM | 16.25% | 19.94% | 18.65% | 22.03% | 19.52% | 18.26% |
LTI Mindtree’s financial performance in the last five years shows a steady growth in terms of revenue, operating profit and net profit. In the year ended March 2018, the company recorded sales of ₹7,306.50 crore which has grown significantly to ₹15,668.70 crore in the year ended March 2022.
The operating profit has also grown from ₹1,187.40 crore in March 2018 to ₹3,058.40 crore in March 2022. Additionally, the net profit after tax (PAT) has grown from ₹1,112.00 crore in March 2018 to ₹2,296.80 crore in March 2022, reflecting a growth of 107% in PAT over the last five years.
The earnings per share (EPS) has also increased from ₹64.65 in March 2018 to ₹131.02 in March 2022. The maximum price to earning ratio for the last five years was recorded in March 2021 at 46.98 and the minimum in March 2020 at 16.36.
The revenue growth, profit growth and increase in EPS are indicative of the company’s ability to generate strong financial results, making it a good investment opportunity for the long-term.
FAQS
Will the share price of LTI Mindtree increase in 2023?
It is anticipated that LTI Mindtree per share price will increase to ₹6,013.11 by the end of 2023.
What is the anticipated value of LTI Mindtree stock in 2030?
It is projected that LTI Mindtree stock price could be approximately ₹25,019.17 per share by 2030.
Can LTI Mindtree reach 6000 INR?
Yes, according to our analysis, Mindtree can reach 6000 INR by the end of 2023.
What is LTI Mindtree current market value?
As of January 2023, the LTI Mindtree stock price is ₹4,394, with a market capitalisation of 1.31 trillion INR.
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Conclusion
The LTI Mindtree share price target for 2023 to 2030 is highly optimistic given their strong performance over the last year. With the right strategies in place, the company is well-positioned to continue its success and reach its ambitious targets. The LTI Mindtree share price could reach its ambitious targets if the company effectively leverages its strong customer base, innovative technology, and expanding product portfolio. With the right financial strategies, LTI Mindtree could become a leader in the global IT industry, and its share price could reach new heights in the coming years.
