Record Date Set! Larsen & Toubro Group Stock Offers Rs 45 Dividend–Chart Screams ‘Buy’: Here’s Why

LTIMindtree is a multinational provider of digital solutions and technology consulting. With a market valuation of Rs 1,34,381.79 Cr, LTIMindtree, a firm of the Larsen & Toubro Group, is a digital transformation partner to over 700 clients. LTIMindtree's shares wrapped up Tuesday at Rs 4535.55 per share, down 1.88% on the BSE. Let's find out how investors should set up their investments in order to be eligible for the upcoming dividend of Rs 45, which has a stated record date set by the Board of Directors.

LTIMindtree Dividend

"Board of Directors have recommended a final dividend of Rs. 45/- per equity share of Re. 1 each, for approval of members at the ensuing Annual General Meeting ('AGM'). Subject to approval of members, the final dividend will be paid within 30 days from conclusion of the AGM," said the company in a stock exchange filing.

The company's 29th annual general meeting will take place at 3:00 p.m. (IST) on Friday, May 30, 2025, by video conference or other audio-visual means.

LTIMindtree Dividend Record Date

"Pursuant to Regulation 42 of the Listing Regulations, we wish to inform you that the Record Date for determining entitlement of Members to the final dividend for the financial year ended on March 31, 2025, if approved at the AGM, is fixed as Friday, May 23, 2025 and shall be paid within 10 days from declaration," said LTIMindtree in a regulatory filing.

LTIMindtree Q4 Results

LTIMindtree reported a total net profit of Rs 1,129 crore for the quarter that ended on March 31, 2025. This indicates a 2.6% year-on-year (YoY) rise. The quarter's revenue from operations rose 10% YoY to Rs 9,772 crore in the quarter under review. The Q4 FY25 earnings before interest and tax (EBIT) margin was 13.8%, compared to 14.7% during the same quarter last year. The total revenue in dollar terms was $1,131 million. As of March 31, 2025, the IT company employed 84,307 individuals in total.

LTIMindtree Share Price Target

"LTIMindtree is maintaining a bullish trend, currently trading above key moving averages with a strong price structure. The stock has shown resilience by holding above short-term support near ₹4450, supported by healthy volumes and a firm RSI. Momentum indicators suggest a potential continuation of the uptrend, with likely upside targets in the ₹4800-₹4900 range. Any minor dips should be considered as buying opportunities for traders with a short- to medium-term horizon. As long as the stock stays above ₹4400, the technical outlook remains positive. Accumulating on declines could offer favourable risk-reward potential," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.