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LTIMindtree secures $100 million MedTech contract in Europe

LTIMindtree secured a $100 million contract with a European MedTech firm for seven years, enhancing its healthcare technology services. The announcement was filed with NSE and BSE on 23 Feb 2026, indicating a significant business win for the company.

after close1 source ↓written by the desknot a recommendation

contract
$100 million
was made
23 Feb 2026

LTIMindtree announced a $100 million contract with a European MedTech firm, effective over seven years. This agreement will enable the company to provide specialized technology services in the healthcare sector, marking a significant milestone for its IT services portfolio.

The formal announcement was made on 23 Feb 2026, filed under Regulation 30 with NSE and BSE, indicating strong growth potential in the MedTech space.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 23 Feb 2026, 16:05 IST.

Sourcesnews.google.com

The market after the news

LTIM closed −6.8% on the day of the news, from ₹4,831.50 to ₹4,501.00; Nifty −1.1% over the same session; futures OI +6.2%.

Bulletin at 16:05 IST on 23 Feb 2026. Every change is measured from ₹4,831.50, the last close before it, on 23 Feb. Nifty 50 is measured over the same sessions.

  • LTIM close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
LTIM closes around the bulletin against the close before the news, with Nifty 50 rebased to it405348325610axis spans 38%before the news · 23 Feb4832Nifty 50LTIMbulletinD0+117 Feb23 Feb26 FebFutures open interest, lotspeak 22,000Reference close ₹4,831.50. 8 sessions from 17 Feb to 26 Feb; the price axis spans 38 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before23 Feb₹4,831.50basebase
On the day24 Feb₹4,501.00▼ −6.8%▼ −1.1%−5.7 pp difference
+1 session25 Feb₹4,559.00▼ −5.6%▼ −0.9%−4.7 pp difference
+3 sessionsnot reached yet———
+5 sessionsnot reached yet———
Gap at the open, % · ₹
▼ −1.1%−53.63 on 24 Feb
Day's range, % · ₹
6.5%≈ 310 high to low
Volume on the day
2.81×the 20-session average
Futures OI on the day
▲ +6.2%+1,300 lots · short build-up · price −6.8%
Futures OI open, lots
22,00024 Feb · 24 Feb expiry
Futures premium, ₹
+12.50+0.3% to spot
Puts per call, by OI
0.46from 0.50 the session before
Max pain
5,400from 5,300 the session before

Source NSE UDiFF bhavcopy · LTIM on the desk →

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