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

Tech Mahindra vs LTIMindtree Which IT stock is a better long-term investment? {"selector":".custom-animation","duration":"4s","easing":"ease-in","keyframes":[{"transform":"translateY(10px)","opacity":1},{"transform":"translateY(5px)","opacity":0.7},{"transform":"translateX(0)"}]}

The IT sector has been on a downward trend in the last 1 year after a surge post the COVID pandemic. {"selector":".custom-animation","duration":"4s","easing":"ease-in","keyframes":[{"transform":"translateY(10px)","opacity":1},{"transform":"translateY(5px)","opacity":0.7},{"transform":"translateX(0)"}]}

Comparing Tech Mahindra and LTIMindtree, LTIMindtree has better long-term investment opportunities. {"selector":".custom-animation","duration":"4s","easing":"ease-in","keyframes":[{"transform":"translateY(10px)","opacity":1},{"transform":"translateY(5px)","opacity":0.7},{"transform":"translateX(0)"}]}

Both Tech Mahindra and LTIM have not performed well in the last 1 year, down over 22 percent and 24 percent, respectively. {"selector":".custom-animation","duration":"4s","easing":"ease-in","keyframes":[{"transform":"translateY(10px)","opacity":1},{"transform":"translateY(5px)","opacity":0.7},{"transform":"translateX(0)"}]}

Tech Mahindra is an Indian multinational information technology services and consulting company. {"selector":".custom-animation","duration":"4s","easing":"ease-in","keyframes":[{"transform":"translateY(10px)","opacity":1},{"transform":"translateY(5px)","opacity":0.7},{"transform":"translateX(0)"}]}

LTIMindtree is an Indian multinational information technology services and consulting company based in Mumbai. {"selector":".custom-animation","duration":"4s","easing":"ease-in","keyframes":[{"transform":"translateY(10px)","opacity":1},{"transform":"translateY(5px)","opacity":0.7},{"transform":"translateX(0)"}]}

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. {"selector":".custom-animation","duration":"4s","easing":"ease-in","keyframes":[{"transform":"translateY(10px)","opacity":1},{"transform":"translateY(5px)","opacity":0.7},{"transform":"translateX(0)"}]}

LTIMindtree has better upside potential, strong valuation comfort and a better service mix. {"selector":".custom-animation","duration":"4s","easing":"ease-in","keyframes":[{"transform":"translateY(10px)","opacity":1},{"transform":"translateY(5px)","opacity":0.7},{"transform":"translateX(0)"}]}

Omkar Tanksale, Senior Research Analyst at Axis Securities believes LTIMindtree is a better bet. {"selector":".custom-animation","duration":"4s","easing":"ease-in","keyframes":[{"transform":"translateY(10px)","opacity":1},{"transform":"translateY(5px)","opacity":0.7},{"transform":"translateX(0)"}]}

Experts believe the IT sector provides a good ‘buy’ opportunity and long-term investors should use the current sell-off as an opportunity. {"selector":".custom-animation","duration":"4s","easing":"ease-in","keyframes":[{"transform":"translateY(10px)","opacity":1},{"transform":"translateY(5px)","opacity":0.7},{"transform":"translateX(0)"}]}

Click here to know more about Tech Mahindra vs LTIMindtree. Check here for more market-related stories. {"selector":".custom-animation","duration":"4s","easing":"ease-in","keyframes":[{"transform":"translateY(10px)","opacity":1},{"transform":"translateY(5px)","opacity":0.7},{"transform":"translateX(0)"}]}