Larsen & Toubro Infotech zooms on expanding global partnership with Google Cloud
Larsen & Toubro Infotech is currently trading at Rs. 4212.00, up by 120.50 points or 2.95% from its previous closing of Rs. 4091.50 on the BSE.
The scrip opened at Rs. 4100.00 and has touched a high and low of Rs. 4253.10 and Rs. 4100.00 respectively. So far 12925 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 7595.25 on 04-Jan-2022 and a 52 week low of Rs. 3525.95 on 17-May-2021.
Last one week high and low of the scrip stood at Rs. 4389.05 and Rs. 4052.70 respectively. The current market cap of the company is Rs. 74382.50 crore.
The promoters holding in the company stood at 74.05 % while Institutions and Non-Institutions held 17.55 % and 8.40 % respectively.
Larsen & Toubro Infotech (LTI) is expanding its global partnership with Google Cloud. LTI is setting up a dedicated Business Unit for Google Cloud’s six key solution pillars: Application Modernization, Data Management, Infrastructure Modernization, Smart Analytics, Artificial Intelligence, and Security.
LTI’s Google Cloud Business Unit will develop state-of-the-art IP, industry specific solutions, and accelerators with a dedicated team of Google Cloud architects addressing transformation needs for clients across the world. LTI will also list its solutions on Google Cloud Marketplace.
To further cement its strong capabilities on Google Cloud, LTI has launched Canvas Eureka to enable an accelerated data modernization journey to Google BigQuery and to aid AI/ML innovation for enterprises. LTI Canvas Eureka is an automation framework for seamless and faster migration from legacy data warehouses and data lake solutions to Google BigQuery. It helps in assessing the current landscape and defining target state architecture. It also enables the automation of tasks such as schema migration, code conversion and data validation.
LTI is a global technology consulting and digital solutions company helping more than 420 clients succeed in a converging world.