LTI Mindtree Ltd Hits Intraday Low Amid Price Pressure on 24 Feb 2026

Intraday Performance and Price Movement

On 24 Feb 2026, LTI Mindtree Ltd’s share price fell by 3.56%, underperforming the Sensex which declined by 1.04% on the same day. The stock touched an intraday low of Rs 4661.75, marking a 3.48% drop from its previous close. This decline extended the stock’s losing streak to five consecutive sessions, during which it has shed 9.69% in value. The downward momentum was reflected across multiple moving averages, with the stock trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signalling persistent short-term and long-term bearish trends.

Sectoral and Market Context

The Computers - Software & Consulting sector, to which LTI Mindtree belongs, also faced pressure, declining by 3.17% on the day. This sectoral weakness compounded the stock’s challenges, as investors reacted to broader market cues. The Sensex opened sharply lower by 242.12 points and further declined by 636.55 points to close at 82,415.99, down 1.05%. Despite this, the Sensex remains 4.54% below its 52-week high of 86,159.02, indicating that the broader market has not yet fully retraced from recent peaks.

Comparative Performance Analysis

Over various time horizons, LTI Mindtree Ltd’s performance has lagged behind the benchmark Sensex. The stock’s one-week return stands at -9.83%, compared to the Sensex’s -1.22%. Over one month, the divergence is more pronounced with LTI Mindtree falling 20.68%, while the Sensex gained 1.10%. The three-month performance shows a similar trend, with the stock down 21.28% against the Sensex’s 2.91% decline. Year-to-date, LTI Mindtree has declined 23.21%, significantly underperforming the Sensex’s 3.27% fall. Even on a one-year basis, the stock has lost 7.68%, while the Sensex has appreciated by 10.71%. These figures highlight the sustained pressure on LTI Mindtree relative to the broader market.

Mojo Score and Rating Update

LTI Mindtree Ltd currently holds a Mojo Score of 62.0, categorised under a Hold grade as of 23 Feb 2026, a downgrade from its previous Buy rating. The Market Cap Grade stands at 1, reflecting its large-cap status but signalling limited upside potential under current conditions. This rating adjustment aligns with the recent price weakness and the stock’s underperformance relative to its sector and the broader market.

Technical Indicators and Moving Averages

The stock’s position below all key moving averages—5-day, 20-day, 50-day, 100-day, and 200-day—indicates a broad-based negative technical sentiment. Such positioning often suggests that short-term rallies may face resistance and that the prevailing trend remains downward. The sustained breach of these averages over multiple sessions underscores the challenges faced by the stock in regaining upward momentum.

Market Sentiment and Immediate Pressures

Investor sentiment towards LTI Mindtree Ltd appears cautious amid the broader market’s retreat and sectoral weakness. The IT - Software sector’s 3.17% decline on the day reflects a general risk-off mood, which has weighed on stocks within this space. The Sensex’s fall below its 50-day moving average, despite the 50DMA remaining above the 200DMA, suggests a phase of consolidation or correction rather than a sustained uptrend. This environment has contributed to the price pressure on LTI Mindtree, which has been unable to buck the trend.

Longer-Term Performance Context

Examining LTI Mindtree Ltd’s performance over extended periods reveals a pattern of underperformance relative to the Sensex. Over three years, the stock has declined 4.00%, while the Sensex has surged 38.63%. Over five years, LTI Mindtree has gained 25.22%, trailing the Sensex’s 62.33% rise. The 10-year performance shows no net gain for the stock, contrasting sharply with the Sensex’s 257.02% appreciation. These figures illustrate the stock’s challenges in delivering returns comparable to the broader market over the long term.

Summary of Current Market Dynamics

In summary, LTI Mindtree Ltd’s intraday low of Rs 4661.75 on 24 Feb 2026 reflects a continuation of recent downward trends amid a challenging market environment. The stock’s underperformance relative to the Sensex and its sector, combined with technical indicators signalling weakness, has contributed to sustained price pressure. Broader market declines and sectoral weakness in IT - Software have compounded these effects, resulting in a cautious market sentiment towards the stock.

Investor Considerations

While the stock’s current Hold rating and Mojo Score of 62.0 indicate a neutral stance, the recent downgrade from Buy and the ongoing price declines suggest that investors are closely monitoring the stock’s ability to stabilise. The technical positioning below all major moving averages highlights the need for a clear catalyst to reverse the trend. Meanwhile, the broader market’s proximity to its 52-week high and the Sensex’s technical setup may influence near-term market direction and, by extension, LTI Mindtree’s performance.

Conclusion

LTI Mindtree Ltd’s intraday low and price pressure on 24 Feb 2026 are symptomatic of wider market and sectoral headwinds. The stock’s sustained decline over recent sessions, combined with technical and rating adjustments, underscores the challenges it faces in the current environment. Market participants will likely continue to watch the stock’s price action in relation to key technical levels and broader market trends.

Limited Period Only. Start at Rs. 9,999 - Get MojoOne for 1 Year + 3 Months FREE (60% Off) Get 71% Off →