LTIMindtree share price was down 1.61% and was trading at ₹4,108.45 at 11.35 AM on Wednesday. The IT giant is scheduled to announce its results on April 23. The market’s attention is not only on the financial figures but also on the possibility of another significant dividend payout this year.
LTIMindtree’s Board Meeting on April 23
LTIMindtree, a key player under Larsen & Toubro (L&T) and a constituent of the BSE 100 index, has announced its board meeting for Wednesday, April 23. During this meeting, the company will review and approve its audited financial statements.
In line with standard corporate governance practices, LTIMindtree has also imposed a trading window closure from April 1 to April 25. This measure restricts insiders from trading in the company’s shares during this period to prevent any potential misuse of unpublished sensitive price information.
Impact on LTIMindtree Share Price
LTIMindtree share price is in focus due to speculation regarding its upcoming dividend policy. Investors are keen to see if the company will maintain, increase, or decrease its previously high dividend payout.
In the last instance, LTIMindtree declared an interim dividend of 2000%, which translates to ₹20 per equity share, given the face value of ₹1.
This time, the board will also consider recommending a final dividend for the financial year 2025, alongside the announcement of its Q4 results. While the actual dividend size remains undisclosed, the company stated in an exchange filing that the Board of Directors will consider the proposal to recommend a final dividend on the equity shares, if any.
Earnings Conference Call on April 23
To provide further clarity on its financial performance and outlook, LTIMindtree will also host its earnings conference call on the same day, April 23, at 6:00 pm Indian Standard Time (IST). The specific details for joining the call will be shared in due course.
LTIMindtree’s Share Price Performance
On the trading day prior to this news, LTIMindtree’s share price closed nearly 3% higher at ₹4,173 per share, indicating some positive momentum.
However, looking at a shorter timeframe, the stock has slipped by approximately 6% in the last 5 trading sessions. Over the past month, it has seen a decline of 11%. The fall has been even more pronounced over a 6-month period, with a decrease of 35%.
On a year-on-year basis, the stock is down by 15%.
So far in the calendar year 2025, LTIMindtree’s shares have already experienced a significant dip of 26%.
The company’s shares once reached a 52-week high of ₹6,767.95, but have since undergone a substantial correction, touching a low of ₹3,802. This represents a significant drop of over 40% from its peak value, highlighting the tumultuous journey of the stock in recent times.
Conclusion
Investors are keenly awaiting LTIMindtree’s Q4 earnings and dividend announcement on April 23. While the company’s past dividend payouts have been attractive, its recent share price volatility adds an element of uncertainty. The earnings call will provide crucial insights into the company’s performance and future strategy.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Apr 9, 2025, 11:54 AM IST
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