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Buy L&T Technology Services, target price Rs 5,862: Choice Equity Broking
Choice Equity Broking recommends buying L&T Technology Services with a target of Rs 5,862. The current price of the stock is Rs 5,135.8. LTTS aims for $2 billion revenue with a 17-18% EBIT margin in the medium term. Promoters hold 73.69% stake, while FIIs own 4.35% and DIIs 13.72% in the company.