L&T rises after its arm rolls out industry-integrated MTech programmes in advanced IT domains
Larsen & Toubro is currently trading at Rs. 3506.05, up by 6.95 points or 0.20% from its previous closing of Rs. 3499.10 on the BSE.
The scrip opened at Rs. 3531.80 and has touched a high and low of Rs. 3531.80 and Rs. 3420.00 respectively. So far 1584567 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3859.65 on 02-Apr-2024 and a 52 week low of Rs. 2168.65 on 19-May-2023.
Last one week high and low of the scrip stood at Rs. 3649.95 and Rs. 3420.00 respectively. The current market cap of the company is Rs. 478934.55 crore.
The Institutions and Non-Institutions held 62.67% and 37.33%, stake in the company respectively.
Starting with the academic year 2024-25, Larsen & Toubro’s (L&T) edtech arm -- L&T EduTech is rolling out industry-integrated MTech programmes in advanced IT domains such as Data Science, Artificial Intelligence, Machine Learning, and Cybersecurity in partnership with leading higher education institutes of India.
Developed in knowledge partnership with LTIMindtree, these postgraduate programmes seek to bridge the gap between the academia and the industry by preparing the students with specialised practical training and exposure to industry dynamics. They provide an added opportunity to the students to spend their second year in an LTIMindtree campus for real-world exposure.
L&T EduTech has so far inked Memorandum of Understandings with two prominent institutions - VIT University and Rajalakshmi Engineering College, Chennai - for offering these programmes. Going forward, L&T EduTech has plans to broaden its partnerships with more leading institutions in India and rollout integrated undergraduate programmes too, focusing on sophisticated IT disciplines for engineering students.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.