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2026-05-13 11:24:03 am | Source: IANS
L&T moves up as its arm signs multiyear license agreement with Synopsys
L&T moves up as its arm signs multiyear license agreement with Synopsys

Larsen & Toubro is currently trading at Rs. 3878.00, up by 21.40 points or 0.55% from its previous closing of Rs. 3856.60 on the BSE.

The scrip opened at Rs. 3840.40 and has touched a high and low of Rs. 3888.00 and Rs. 3840.40 respectively. So far 534460 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4440.00 on 24-Feb-2026 and a 52 week low of Rs. 3288.65 on 23-Mar-2026.

Last one week high and low of the scrip stood at Rs. 4149.55 and Rs. 3806.60 respectively. The current market cap of the company is Rs. 533071.42 crore.

The Institutions and Non-Institutions held 62.35% and 37.65% stake respectively in the company.

Larsen & Toubro’s (L&T) wholly-owned subsidiary -- L&T Semiconductor Technologies (LTSCT) has signed multiyear license agreement with Synopsys Inc., a leader in engineering solutions from silicon to systems, to strengthen its advanced power electronics design capabilities and support India’s growing semiconductor ecosystem.

Under the multiyear agreement, LTSCT will adopt Synopsys’ simulation software to accelerate AI-enabled design and optimisation of next-generation power modules and intelligent power modules (IPMs). The collaboration is expected to enhance design efficiency, improve reliability and reduce development cycles by integrating simulation, physics-based modelling and data intelligence across the design workflow.

The agreement enables LTSCT to leverage Synopsys’ multiphysics simulation technologies to enhance its design workflows across chip, package and system levels. As voltage levels scale from 1.2 kV to 10 kV, accelerating development timelines while ensuring design for reliability and design for manufacturing requires advanced modelling that integrates material science, metallurgical, thermo-mechanical and electro-mechanical properties. AI-enabled simulation will support optimisation across electrical, thermal and mechanical domains, enabling improved performance and reliability while reducing prototyping costs. The collaboration will empower innovation across key sectors, including electric mobility, renewable energy and industrial automation, advancing the next generation of intelligent power solutions.

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