LTIMindtree Shares Soar Over 4% on ₹3,000 Crore CBDT Order for AI Tax Platform

• LTIMindtree Ltd shares surged over 4% after securing a ₹3,000 crore project from the Central Board of Direct Taxes (CBDT).
• The project, named Insight 2.0, involves developing an AI-powered system to modernize India's national tax analytics platform.
• This seven-year mandate highlights LTIMindtree's expertise in digital transformation and its growing involvement in government tech projects.
• The company previously reported strong Q2 results, with net profit up 10.1% to ₹1,381.2 crore and revenue up 5.6% to ₹10,394.3 crore.
• Investors are now keenly awaiting LTIMindtree's December quarter results, set to be released on January 19.

Why It Matters: LTIMindtree's shares rallied significantly after winning a major ₹3,000 crore CBDT contract for an AI tax platform.