LTIMindtree Share Price Rises 4%; Wins ₹3,000 Crore CBDT Insight 2.0 Project

LTIMindtree announced that it has been awarded the Insight 2.0 project by the Central Board of Direct Taxes to develop an AI-powered program for modernising India’s national tax analytics platform. The mandate, valued at around ₹3,000 crore, spans seven years and marks one of the largest digital transformation initiatives in the public sector.

Focus on AI and Advanced Analytics

The project will leverage advanced digital architecture, artificial intelligence and data analytics to deliver real-time insights for policymakers and tax administrators. 

Insight 2.0 aims to strengthen compliance monitoring, improve fraud detection and enable data-driven decision making within the income tax ecosystem. The win reinforces LTIMindtree’s capabilities in handling large-scale, mission-critical government technology programmes.

LTIMindtree Share Price Performance

LTIMindtree share price (NSE: LTIM) reacted positively amid the announcement. The stock was trading at ₹6,276, up ₹245.50 or 4.07% from the previous close of ₹6,030.50. The shares opened at ₹6,030.50 and touched an intraday high of ₹6,293.50.

Strategic Significance

The Insight 2.0 programme is expected to play a key role in India’s digital governance framework by integrating multiple data sources and deploying intelligent analytics models. For LTIMindtree, the project strengthens its presence in the government and public sector segment and demonstrates its expertise in AI-led transformation at national scale.

With a seven-year engagement, the contract provides predictable revenue and opportunities for additional digital services. The project also positions LTIMindtree as a strategic technology partner to the CBDT, opening avenues for future collaborations in e-governance and fintech analytics.

Conclusion

The ₹3,000 crore CBDT mandate is a landmark win for LTIMindtree and highlights its leadership in AI and data analytics. The strong market response reflects confidence in the company’s growth prospects as it undertakes a crucial role in modernising India’s tax administration infrastructure.

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