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    LTI   INE214T01019

LARSEN & TOUBRO INFOTECH LIMITED

(LTI)
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Larsen & Toubro Infotech Limited Approves Appointment of Appointment of Mr. James Abraham as an Additional Director in the Capacity of an Independent Director

07/16/2021 | 01:10am EDT

The Board of Directors of Larsen & Toubro Infotech Limited at its meeting held on July 15, 2021 have approved appointment of Mr. James Abraham (DIN: 02559000) as an Additional Director in the capacity of an Independent Director of the Company for a term of five years with effect from July 18, 2021 till July 17, 2026, subject to approval the shareholders. Mr. Abraham is the co-founder and Director of SolarArise which owns and operates utility scale solar plants in India. He has over 30 years of experience as a management leader in various roles in Canada, South East Asia, and India. He is a member of the Board on Vistaar Financial Services, Smart Power India, International Justice Mission, and a Trustee of the Ananta-Aspen Center. He is a fellow member of the Kamalnayan Bajaj and the Aspen Global Leadership Network.


ę S&P Capital IQ 2021
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Financials
Sales 2022 148 B 2 009 M 2 009 M
Net income 2022 21 948 M 297 M 297 M
Net cash 2022 25 219 M 342 M 342 M
P/E ratio 2022 49,8x
Yield 2022 0,77%
Capitalization 1 092 B 14 789 M 14 785 M
EV / Sales 2022 7,19x
EV / Sales 2023 6,07x
Nbr of Employees 38 298
Free-Float 25,4%
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Technical analysis trends LARSEN & TOUBRO INFOTECH LIMITED
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 26
Last Close Price 6 231,35 INR
Average target price 4 637,23 INR
Spread / Average Target -25,6%
EPS Revisions
Managers and Directors
Sanjay Jalona Chief Executive Officer, MD & Director
Anil Rander Chief Financial Officer
Anil Kumar Manibhai Naik Non-Executive Chairman
Nachiket Deshpande Chief Operating Officer & Director
Manoj Koul Secretary & Compliance Officer
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