L&T Tech shares gain over 2%, Q1 net profit rises 13%; Nomura, Nuvama, other brokerages revise target prices

L&T Technology Services reported a nearly 13% year-on-year profit increase for Q1 FY26. Revenue from operations also rose around 11.5% year-on-year during the same period. The company's EBIT margin improved to 15.7% while securing significant new orders. Brokerages provided varied target prices and ratings on the stock. L&T Technology Services shares saw a gain of 2.5% on Wednesday.