On November 19, L&T Technology Services (LTTS) caught the eye of technical analysts thanks to a strong candlestick pattern called the White Marubozu, identified in a scan by StockEdge. This pattern typically means buyers stayed in control throughout the session — opening at the day’s low and closing at the high, showing decisive bullish strength. On that day, LTTS surged nearly 8.97%, according to ET Markets.

This breakout comes at a promising time for LTTS: in Q4 FY25, the company posted 12.4% quarter-on-quarter revenue growth and secured its highest-ever large deal bookings, including an $80 M contract. Its long-term goals also remain ambitious: LTTS has reaffirmed a $2 billion revenue target, backed by its strengths across tech, engineering, and sustainability verticals. 

On the valuation side, research firms are bullish too — with Sharekhan citing 21% upside potential. Combine that with increasing volume, strong technicals, and healthy fundamentals, and LTTS could be entering a fresh leg up.