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2026-08-19 12:18:00 pm | Source: Accord Fintech
L&T Technology Services rises on securing 5-year deal worth over $75 million
L&T Technology Services rises on securing 5-year deal worth over $75 million

L&T Technology Services is currently trading at Rs. 3532.70, up by 32.30 points or 0.92% from its previous closing of Rs. 3500.40 on the BSE.

The scrip opened at Rs. 3657.90 and has touched a high and low of Rs. 3657.95 and Rs. 3517.65 respectively. So far 8925 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. 3030.00 on 01-Jul-2026.

Last one week high and low of the scrip stood at Rs. 3,657.95 and Rs. 3466.00 respectively. The current market cap of the company is Rs. 37,474.01 crore.

The promoters holding in the company stood at 73.52%, while Institutions and Non-Institutions held 18.17% and 8.30% respectively.

L&T Technology Services has secured a 5-year agreement worth over $75 million from a leading global technology enterprise. As a part of the agreement, the company will deploy its Engineering Intelligence (EI) capabilities across the end-to-end product development and engineering lifecycle, helping accelerate the development of next generation solutions for the customer’s global portfolio.

The engagement encompasses product engineering, software development, testing, validation, sustenance engineering, platform operations and related digital engineering services. The company will also enable the creation of a dedicated Engineering Center for technology and digital functions, leveraging its full stack of EI solutions.

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