L&T moves up as its arm partners with CP PLUS
Larsen & Toubro is currently trading at Rs. 3866.00, up by 4.10 points or 0.11% from its previous closing of Rs. 3861.90 on the BSE.
The scrip opened at Rs. 3853.40 and has touched a high and low of Rs. 3868.15 and Rs. 3844.05 respectively. So far 18848 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3963.00 on 10-Dec-2024 and a 52 week low of Rs. 2967.65 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 3885.45 and Rs. 3731.00 respectively. The current market cap of the company is Rs. 531789.95 crore.
The Institutions and Non-Institutions held 63.05% and 36.95% stake in the company respectively.
Larsen & Toubro’s (L&T) wholly owned subsidiary -- L&T Semiconductor Technologies (LTSCT) has entered into a strategic partnership with CP PLUS, India’s leading security and surveillance brand (owned by Aditya Infotech (AIL)). Under this agreement CP PLUS will manufacture nine million CCTV IP cameras over the next three years, powered by LTSCT’s indigenously designed Vision System-on-Chip (SoC) technology.
This collaboration represents a significant advancement in India’s pursuit of self-reliance in semiconductor innovation. The SoCs developed by LTSCT support high-resolution imaging of up to eight megapixels ensuring superior image clarity for critical surveillance applications. Built with advanced cryptographic architecture, the chips provide robust protection for sensitive data and enhance cybersecurity across surveillance systems. Designed entirely in India, the SoCs reflect the spirit of technological sovereignty and align closely with the Government’s vision of an Atmanirbhar Bharat.
Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.
