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LTIMindtree shares in focus after launch of BlueVerse AI ecosystem for enterprises

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LTIMindtree shares will be in focus on Friday after the company announced the launch of BlueVerse, a new business unit offering a suite of artificial intelligence (AI) services and solutions for enterprises.

The BlueVerse Marketplace currently features over 300 industry- and function-specific AI agents. It also includes productised services built on repeatable frameworks, accelerators, and sector-specific solution kits. At launch, the unit will offer pre-built solutions for marketing services and contact centre as a service (CCaaS), the latter leveraging context-aware AI agents to improve efficiency.

The ecosystem also includes BlueVerse Foundry, which features a no-code designer and a flexible pro-code editor to help users build and deploy AI agents, tools, assistants, RAG (Retrieval-Augmented Generation) pipelines, and intelligent business processes.

“BlueVerse is all about unlocking productivity for businesses at different levels by embedding AI across all functions of the enterprise. Backed by a strategic partnership ecosystem and deep AI expertise, it positions LTIMindtree as the partner of choice for future-ready organisations.” said Venu Lambu, chief executive officer and managing director at LTIMindtree.

Also Read: These 9 Nifty Microcap Index stocks trading below industry PE may rally up to 42%

LTIMindtree share price target


According to Trendlyne, the average target price for LTIMindtree is Rs 4,945, indicating a potential downside of around 8% from current levels. Of the 40 analysts tracking the stock, the consensus rating is ‘Buy’.On the technical front, the stock’s Relative Strength Index (RSI) stands at 65.3, indicating neutral momentum. The Moving Average Convergence Divergence (MACD) is at 155.2 — above both the centre and signal lines, which is seen as a bullish signal.Also Read: 8 debt-free penny stocks that surged 110-300% in the last 1 year. Do you own any?

LTIMindtree shares performance


LTIMindtree shares closed 1.4% lower at Rs 5,371 on the BSE on Thursday. The stock has declined 5% year-to-date and is down 14% over the past six months. The company’s current market capitalisation stands at Rs 1,59,170 crore.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)



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