LTIMindtree Shares Jump 4% on ₹3000 Crore CBDT AI Project Win

Business
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Moneycontrol•16-01-2026, 16:25
LTIMindtree Shares Jump 4% on ₹3000 Crore CBDT AI Project Win
- •LTIMindtree shares surged almost 6% intraday, settling up 4.5% on January 16, following a major project announcement.
- •The IT company secured a ₹3000 crore 'Insight 2.0' project from the Central Board of Direct Taxes (CBDT).
- •The 7-year contract involves developing an AI-powered program for India's National Tax Analytics Platform modernization.
- •LTIMindtree's market cap reached ₹1.86 lakh crore, with shares rising 12% in the last three months.
- •The company reported strong Q2 FY26 results, with net profit up 10.1% QoQ to ₹1381.2 crore and revenue up 5.6% QoQ.
Why It Matters: LTIMindtree's ₹3000 crore CBDT project win boosts shares and strengthens its digital transformation leadership.
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