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L&T Technology Services is currently trading at Rs. 4277.00, up by 32.65 points or 0.77% from its previous closing of Rs. 4244.35 on the BSE.

The scrip opened at Rs. 4140.00 and has touched a high and low of Rs. 4282.20 and Rs. 4030.05 respectively. So far 21845 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5958.10 on 04-Jan-2022 and a 52 week low of Rs. 2476.40 on 11-May-2021.

Last one week high and low of the scrip stood at Rs. 4484.00 and Rs. 4030.05 respectively. The current market cap of the company is Rs. 44715.03 crore.

The promoters holding in the company stood at 73.90%, while Institutions and Non-Institutions held 12.34% and 13.76% respectively.

L&T Technology Services (LTTS) has garnered a multi-year $100 million plus electric air mobility deal from Jaunt Air Mobility (Jaunt). As part of the contract, LTTS will open an Engineering and R&D Centre in Québec Province for the next-gen electric aircraft manufacturer to provide engineering services for the Jaunt Journey eVTOL (electric Vertical Takeoff and Landing) air taxi.

Under the purview of Jaunt's Urban Air Mobility (UAM) business focus, LTTS will offer global engineering services to support and build the Jaunt Journey. Collectively these will encompass technology areas such as power distribution system, air data management, cockpit display system, flight control system, battery management, electrification, power electronics, structural design, stress analysis, testing, certification, and manufacturing engineering.

LTTS has embraced net-zero as a core sustainability focus and will leverage its deep capabilities around energy transition and management, water and waste management, circular product design, digital intervention, sustainability consulting, and climate action for realizing this aspiration.