L&T Technology Services gains on launching PLxAI
L&T Technology Services is currently trading at Rs. 4280.30, up by 47.00 points or 1.11% from its previous closing of Rs. 4233.30 on the BSE.
The scrip opened at Rs. 4242.15 and has touched a high and low of Rs. 4280.30 and Rs. 4236.10 respectively. So far 399 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5990.00 on 29-Aug-2024 and a 52 week low of Rs. 3855.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 4280.30 and Rs. 4154.00 respectively. The current market cap of the company is Rs. 45265.19 crore.
The promoters holding in the company stood at 73.59%, while Institutions and Non-Institutions held 18.71% and 7.70% respectively.
L&T Technology Services has launched PLxAI, the company’s proprietary GenAI-based framework to accelerate the Product Development Life Cycle for its global clients across Mobility, Sustainability, and Tech. Developed by vastly experienced PDLC SMEs, the framework uses a combination of Generative AI & Conventional AI to provide a one-stop shop to develop scalable and reusable solutions across all PDLC stages, ranging from concept design to aftermarket services support.
It incorporates advanced features like capturing and leveraging existing knowledge, including organizational and tribal knowledge, to deliver context-aware insights that enhance and optimize product engineering. PLxAI integrates smart prompting and contextual intelligence, enhancing product engineering from concept and design to validation and aftermarket support. By accelerating the rate of innovation and optimizing costs across product development, PLxAI promises to be a transformative offering, poised to redefine how businesses approach product development, unlocking new pathways for growth and efficiency.
L&T Technology Services (LTTS) is a leading global pure-play engineering research and development (ER&D) services company.
