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  1. LTIMindtree shares dip after 4% rally following largest strategic deal; check details

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LTIMindtree shares dip after 4% rally following largest strategic deal; check details

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2 min read | Updated on October 07, 2025, 10:54 IST

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SUMMARY

In the past five trading sessions, LTIMindtree’s shares have gained 3.63%, while advancing 4.31% over the last month. Over the past six months, the stock has surged 30.84%. On a year-to-date basis, however, it has declined 6.43%.

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LTIMindtree’s shares hit a 52-week high of ₹6,767.95 on December 16, 2024. | Image: Shutterstock

LTIMindtree’s shares hit a 52-week high of ₹6,767.95 on December 16, 2024. | Image: Shutterstock

Shares of LTIMindtree erased their intraday gains during the morning session on Tuesday, October 7, and slipped into the red after the company signed a multi-year agreement with a leading global media and entertainment firm on Monday, October 6. The deal strengthens an existing partnership between the two companies and represents LTIMindtree’s largest strategic agreement so far.
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The stock was trading at ₹5,272, down 0.04%, at 10:48 am on the NSE. Intraday, it had climbed as much as 4.30% to ₹5,501.

As part of the agreement, LTIMindtree will support the client’s digital transformation journey by streamlining operations and modernising delivery models. The company said the work will include automation, process optimisation and vendor consolidation to improve efficiency and maintain service quality.

Commenting on the development, Venu Lambu, Chief Executive Officer and Managing Director, LTIMindtree said, “We are proud to deepen our collaboration with a world-class media and entertainment organisation to create a more agile operating framework for sustained growth. This agreement reflects the trust placed in our expertise and our shared commitment to building future-ready enterprises with technology-driven solutions that enhance operational efficiencies, enable growth and drive measurable business impact in an industry that's constantly innovating."

Meanwhile, in a separate filing, the IT company said it will hold its earnings call to discuss the firm’s performance for Q2 FY26 at 20:00 hours on October 16, 2025.

LTIMindtree share price

In the past five trading sessions, the company’s shares have gained 3.63%, while advancing 4.31% over the last month. Over the past six months, the stock has surged 30.84%. On a year-to-date basis, however, it has declined 6.43%.

LTIMindtree’s shares hit a 52-week high of ₹6,767.95 on December 16, 2024, and a 52-week low of ₹3,802 on April 7, 2025. As of October 7, the company’s market capitalisation stood at ₹1,57,945.67 crore.

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About The Author

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Kadambari Modhave is a writer with around 6 years of experience in the BFSI sector. She covers business and personal finance news.

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