Recent Price Movement and Market Context
On 1 Feb 2026, L&T Technology Services Ltd’s share price touched Rs.3700.15, its lowest level in the past year. This new low comes after three consecutive days of declines, during which the stock lost 4.05% in value. The day’s performance saw the stock underperform its sector by 0.37%, continuing a trend of relative weakness.
The stock is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained downward momentum. This technical positioning contrasts with the broader market benchmark, the Sensex, which despite a sharp reversal on the same day, remains above its 200-day moving average, though below its 50-day average.
Over the past year, L&T Technology Services Ltd has delivered a total return of -30.74%, significantly lagging the Sensex’s positive 5.95% return over the same period. The stock’s 52-week high was Rs.5647.35, highlighting the extent of the recent decline.
From struggle to strength! This Small Cap from Textile - Machinery is showing early turnaround signals that look promising. Position yourself now for explosive growth potential ahead!
- - Early turnaround signals
- - Explosive growth potential
- - Textile - Machinery recovery play
Financial Performance and Valuation Metrics
Despite the recent price weakness, L&T Technology Services Ltd maintains strong long-term fundamentals. The company’s average Return on Equity (ROE) stands at 23.28%, reflecting efficient capital utilisation. Net sales have grown at an annual rate of 16.59%, while operating profit has expanded at 15.76% annually, indicating healthy growth trends over the medium term.
The company’s debt profile remains conservative, with an average Debt to Equity ratio of zero, underscoring a strong balance sheet position. However, recent quarterly results showed flat performance, with the Return on Capital Employed (ROCE) at 26.56% and Earnings Per Share (EPS) at Rs.28.55, both at their lowest levels in recent periods.
Valuation metrics suggest the stock is trading at a Price to Book Value of 6.4, which is considered expensive relative to its ROE of 20.6. Nonetheless, this valuation is broadly in line with historical averages for its peer group within the sector.
Long-Term and Sectoral Performance
Over the last three years, L&T Technology Services Ltd has underperformed the BSE500 index, continuing a trend of below-par returns in both the near and long term. The stock’s recent underperformance is compounded by sectoral pressures within the Computers - Software & Consulting industry, which has faced mixed market sentiment amid global economic uncertainties.
Promoters remain the majority shareholders, maintaining significant control over the company’s strategic direction. The stock’s Mojo Score currently stands at 51.0, with a Mojo Grade of Hold, upgraded from a previous Sell rating on 11 Nov 2025. The Market Cap Grade is 2, reflecting its mid-cap status within the market.
Holding L&T Technology Services Ltd from Computers - Software & Consulting? See if there's a smarter choice! SwitchER compares it with peers and suggests superior options across market caps and sectors!
- - Peer comparison ready
- - Superior options identified
- - Cross market-cap analysis
Sector and Market Dynamics
The broader market environment has been volatile, with the Sensex reversing sharply after a positive opening on 1 Feb 2026. The index fell by 1,167.32 points, or 1.27%, closing at 81,221.65. While the Sensex remains below its 50-day moving average, it is still supported by the 200-day moving average, indicating mixed technical signals for the market overall.
Within this context, L&T Technology Services Ltd’s share price decline reflects both company-specific factors and wider sectoral pressures. The Computers - Software & Consulting sector has experienced fluctuating investor sentiment, influenced by global technology trends and economic conditions.
Over the past year, the company’s profits have decreased marginally by 0.9%, adding to the subdued performance narrative. The stock’s recent price action and fundamental data suggest a period of consolidation following earlier gains.
Summary of Key Metrics
To summarise, L&T Technology Services Ltd’s key financial and market metrics as of 1 Feb 2026 are:
- New 52-week low price: Rs.3700.15
- 1-year stock return: -30.74%
- Sensex 1-year return: +5.95%
- Average ROE: 23.28%
- Annual net sales growth: 16.59%
- Annual operating profit growth: 15.76%
- Debt to Equity ratio: 0 (average)
- Price to Book Value: 6.4
- EPS (quarterly low): Rs.28.55
- ROCE (half-year low): 26.56%
- Mojo Score: 51.0 (Hold)
- Market Cap Grade: 2
The stock’s recent decline to a 52-week low underscores the challenges faced in maintaining momentum amid a complex market backdrop. While the company’s fundamentals remain robust in several respects, the share price reflects a cautious market stance.
Unlock special upgrade rates for a limited period. Start Saving Now →
