
L&T Technology Services LTEH.NS shares rise as much as 10% to 5,336.9 rupees
Co raises FY25 revenue growth outlook to near 10% from 8%-10% earlier on the back of acquiring software firm Intelliswift
Co's Q3 revenue rose 9.6% to 26.53 billion rupees ($307 billion)
LTEH set for best day since Dec. 1, 2022
About 720,000 shares traded, 6.3x its 30-day moving avg
Emkay Global upgrades to "add", equivalent to "buy", from "reduce", equivalent to "sell", due to price correction and improving momentum across most verticals
3Q better than expected with improving deal wins - Nomura
Analysts' avg rating on stock is "sell"; median PT is 4,825 rupees, ~8.5% lower than current price - data compiled by LSEG
($1 = 86.4140 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))