Mindtree gains on designing remote digital solution for L&T`s green hydrogen plant in Gujarat
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Mindtree is currently trading at Rs. 3119.30, up by 7.30 points or 0.23% from its previous closing of Rs. 3112.00 on the BSE.
The scrip opened at Rs. 3112.00 and has touched a high and low of Rs. 3141.10 and Rs. 3038.00 respectively. So far 83753 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5059.15 on 18-Nov-2021 and a 52 week low of Rs. 2650.00 on 26-May-2022.
Last one week high and low of the scrip stood at Rs. 3450.00 and Rs. 3038.00 respectively. The current market cap of the company is Rs. 51300.41 crore.
The promoters holding in the company stood at 60.99%, while Institutions and Non-Institutions held 23.75% and 15.26% respectively.
Mindtree has designed and implemented a digital command and control solution for Larsen & Toubro (L&T), an Indian multinational engaged in EPC projects, hi-tech manufacturing and services, for the company’s recently commissioned Green Hydrogen Plant in Hazira, Gujarat.
Built using Insights NxT, the IoT and data analytics platform of Mindtree NxT, the state-of-the-art solution enables remote monitoring and control of all services at the plant to help optimize operational and energy costs, and drive effective utilization of resources such as solar energy and battery energy storage systems.
The solution is equipped with preventive and predictive data analytics capabilities to provide real-time insights into plant performance and support data-driven decision-making. This will help reduce the plant’s carbon footprint and improve operational agility by increasing electrolyzer efficiency and reducing downtime.
The solution utilizes Insights NxT platform to interface with complex operational technology systems to capture mission-critical data, and enable different degrees of analysis and levers to streamline energy consumption. This aids quicker adoption of new clean energy, improved environmental monitoring and reporting, and competitive pricing of products and services.
Mindtree is a global technology consulting and services company, helping enterprises marry scale with agility to achieve competitive advantage.
