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Which IT stock is a better long-term investment?

The IT sector has been on a downward trend in the last 1 year after a surge post the COVID pandemic.

Comparing Tech Mahindra and LTIMindtree, LTIMindtree has better long-term investment opportunities.

Both Tech Mahindra and LTIM have not performed well in the last 1 year, down over 22 percent and 24 percent, respectively.

Tech Mahindra is an Indian multinational information technology services and consulting company.

LTIMindtree is an Indian multinational information technology services and consulting company based in Mumbai.

Tech Mahindra posted a 5.3 percent YoY net profit fall to 1,297 crore while LTIM posted a 4.7 percent YoY net profit fall to 1,001 crore.

LTIMindtree has better upside potential, strong valuation comfort and a better service mix.

Omkar Tanksale, Senior Research Analyst at Axis Securities believes LTIMindtree is a better bet.

Experts believe the IT sector provides a good ‘buy’ opportunity and long-term investors should use the current sell-off as an opportunity.

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Tech Mahindra vs LTIMindtree: Which IT stock is a better long-term investment?

On the back of the recent corrections in the IT space, let's compare LTIMindtree (LTIM) and Tech Mahindra to figure out which offers better long-term investment opportunities.

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