Stock of Interest

Posted On: October 10, 2023

Stock Report: LTTS(NSE) 09 Oct 2023

L&T Technology Services Ltd is a provider of engineering and research services in connection to embedded systems and other engineering support services. The company’s operating segments include Transportation; Industrial Products; Telecom and Hi-tech; Plant Engineering and Medical Devices. It generates maximum revenue from the Transportation segment. The transportation segment offers engineering services and solutions to the transportation industry, which includes OEM and Tier 1 suppliers in the automotive, trucks and off-highway vehicles, aerospace, and rail industries. Geographically, it derives a majority of its revenue from North America.

#xCalData predicts that # LTTS will continue its bullish phase over the next five days and trend within the range of 4535 to 4855.

  

In comparison to the previous month, the price of the stock has experienced an increase of 3.14% indicating a bullish.

The Stock has doubled twice since 15 Nov 2016 and took an average of 2.3 years to double.

The stock has shown seasonality trend in the past. Reviewing the returns for the past 5 years for the same week, we see the stock has given positive returns in all previous years.

Majority of the technical ratios trend towards Bullish side of the spectrum. Only some of the technical indicators namely Aroon indicates Bearish view. Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days.

#xCalData is an exceptional app available for Android devices that offers unbiased insights into stocks, allowing investors to make informed decisions. With its user-friendly interface and comprehensive features, xCalData provides a valuable resource for anyone interested in the stock market.  Download the app from google play. 

For Actionable Intelligence, subscribe to xCalData app on Android devices: https://tinyurl.com/downloadxCalData