LTTS wins five-year Nokia engineering and R&D contract

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LTTS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+3.0%Reaction day

₹3908.00

prior close

₹3900.00

announcement price

After-mkt

timing

Nifty Midcap 150market+1.1%+2.0% vs market

IT Enabled Services peers, median of 80sector+0.0%+3.0% vs sector

On the reaction day the stock moved 2.0 pts more than Nifty Midcap 150 and 3.0 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.3

10m

+1.2

15m

+2.4

30m

+2.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.0+1.1+2.0+0.0+3.0

Next day

+6.6+2.0+4.6+1.4+5.1

+4.7pendingpending+1.6+3.1

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15d

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UpDownMarket · Nifty Midcap 150Sector · IT Enabled Services peers, median of 80Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

LTTS has signed a five-year contract with Nokia to support engineering and R&D work in India. LTTS will establish a dedicated India-based development center and engineering team covering product and software development, new products, embedded systems, system integration and ongoing support. The work includes 5G, automation and AI infrastructure. No contract value was disclosed.

Likely market impact

Supports multi-year revenue visibility and strengthens LTTS's technology and AI infrastructure positioning, although no deal value was disclosed.