The listed information technology (IT) subsidiaries of engineering giant Larsen and Toubro (L and T), LTIMindtree (LTIM) and L and T Technology Services, have seen sharp upmoves over the past fortnight, with returns ranging from 14 to 18 per cent. Both have outperformed the peer index, the National Stock Exchange Nifty IT, which has gained about 8 per cent, while the benchmark Nifty 50 is up 4 per cent during this period.
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