LTM is trading at INR 4,077.00, up 4.14%, amid a broader rebound in Indian IT shares.
- The Nifty IT index rose 3.3% on October 9 as investors responded to TCS’s quarterly results and bought beaten-down technology shares.
- TCS’s profit and revenue exceeded analyst estimates, while its AI-related revenue growth drew attention.
- Reports also listed LTM among advancing IT peers; no clear LTM-specific event was reported as the direct cause of the gain.