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2026-06-11 11:50:12 am | Source: Accord Fintech
L&T Technology Services moves up on entering into strategic go-to-market partnership with Databricks
L&T Technology Services moves up on entering into strategic go-to-market partnership with Databricks

L&T Technology Services is currently trading at Rs. 3347.95, up by 20.65 points or 0.62% from its previous closing of Rs. 3327.30 on the BSE.

The scrip opened at Rs. 3323.65 and has touched a high and low of Rs. 3357.80 and Rs. 3282.55 respectively. So far 3447 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4746.95 on 24-Dec-2025 and a 52 week low of Rs. 3046.85 on 12-Mar-2026.

Last one week high and low of the scrip stood at Rs. 3,843.25 and Rs. 3154.05 respectively. The current market cap of the company is Rs. 35474.11 crore.

The promoters holding in the company stood at 73.57%, while Institutions and Non-Institutions held 18.50% and 7.93% respectively.

L&T Technology Services has entered into a strategic go-to-market partnership with Databricks, the leading Data and AI company, to co-develop and deliver Industrial AI solutions that advance Engineering Intelligence (EI) for asset-intensive enterprises. Anchored in the company’s sustainability segment, spanning process engineering, discrete manufacturing and industrial products, the partnership will support energy, petrochemicals and industrials clients globally.

As industrial organizations seek to unlock greater value from decades of operational and engineering data, the alliance will combine the company’s deep domain capabilities with the Databricks platform to transform complex plant data into engineering intelligence - enabling improved asset reliability, operational efficiency and sustainability performance.

The partnership brings together the company’s expertise in forward looking technologies and extensive experience across more than 600 major plants worldwide with Databricks’ leading AI, analytics, and data capabilities. This combination enables industrial enterprises to develop data and AI applications, intelligent agents and advanced analytics at scale, delivering actionable insights and measurable business value across the engineering and asset lifecycle.

Together, the company and Databricks will deliver solutions spanning Predictive Asset Reliability, Energy & Emissions Optimization, OEE and Production Intelligence, Quality Intelligence and Sustainability Analytics. The partnership combines real-time operational data, advanced AI and machine learning, and natural language-based insights to help engineers and manufacturing teams access, analyze and act on operational intelligence with greater speed and accuracy.

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