BUZZ-Street View: Indian IT firm LTM's AI-led growth strategy under a cloud
** India's software services provider LTM LTIM.NS unveiled its five-year strategy on Tuesday, targeting a doubling of revenue through AI-led growth and outcome-based offerings
** Shares of LTIM down 6.67% to 4,052 rupees
MIXED VIEWS ON EXECUTION
** Jefferies ("underperform"; PT: 3,500 rupees) says shift to outcome-based pricing will require significant changes to LTM's pricing and talent strategy and may not be easy to execute
** Adds AI-led deflation, weak discretionary spending and slower growth in key verticals could keep revenue growth in check
** BOB Capital Markets ("hold"; PT: 4,367 rupees) says LTIM's goal of doubling revenue by FY31 appears ambitious, though its target for 200 basis points of margin expansion looks more achievable
** ICICI Direct Research says co well positioned to outperform larger peers through strategic partnerships, stronger deal momentum and a shift toward outcome-based offerings
** Emkay Global ("add"; PT: 4,700 rupees) says LTM will benefit from growing AI adoption and technology convergence
