L&T Technology Services inches up on partnering with Critical Manufacturing
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L&T Technology Services is currently trading at Rs. 3793.35, up by 0.30 points or 0.01% from its previous closing of Rs. 3793.05 on the BSE.
The scrip opened at Rs. 3797.05 and has touched a high and low of Rs. 3807.95 and Rs. 3744.10 respectively. So far 7074 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4316.75 on 02-Dec-2022 and a 52 week low of Rs. 2923.35 on 04-Jul-2022.
Last one week high and low of the scrip stood at Rs. 3969.55 and Rs. 3744.10 respectively. The current market cap of the company is Rs. 39683.72 crore.
The promoters holding in the company stood at 73.85%, while Institutions and Non-Institutions held 15.09% and 11.06% respectively.
L&T Technology Services has partnered with Critical Manufacturing, the provider of innovative, future-ready Manufacturing Execution Systems (MES). The strategic alliance initially sees the companies working with the multi-national engineering group, Danfoss, to implement a comprehensive digital framework that harnesses cutting-edge technologies and next-gen capabilities.
The company works with plant operators worldwide to optimize efficiency, improve productivity, and simplify operations while ensuring compliance with global sustainability standards. The Critical Manufacturing MES is designed from the ground-up to embrace Industry 4.0 technologies and provide a comprehensive pathway to smart manufacturing of sophisticated and complex products.
L&T Technology Services is a listed subsidiary of Larsen & Toubro focused on Engineering and R&D (ER&D) services.
