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26-09-2024 04:42 PM | Source: Accord Fintech
L&T Technology Services trades higher on the BSE

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L&T Technology Services is currently trading at Rs. 5460.00, up by 27.35 points or 0.50% from its previous closing of Rs. 5432.65 on the BSE.

The scrip opened at Rs. 5473.95 and has touched a high and low of Rs. 5479.00 and Rs. 5413.00 respectively. So far 1655 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. 4107.20 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 5554.95 and Rs. 5375.10 respectively. The current market cap of the company is Rs. 57812.16 crore.

The promoters holding in the company stood at 73.69%, while Institutions and Non-Institutions held 17.53% and 8.77% respectively.

L&T Technology Services has been recognized as a Leader in the Connected Product Engineering Services PEAK Matrix Assessment 2024 by Everest Group. This recognition underscores the company’s unyielding commitment to excellence and innovation in embedded engineering across segments like Mobility, Tech and Sustainability. 

Everest Group's PEAK Matrix Assessment benchmarked engineering service providers based on their digital engineering leadership capabilities, client feedback and ability to provide relevant and transformative solutions. The company's prominent position in this assessment highlights its advanced capabilities and significant contributions in the connected product engineering landscape.

With capabilities in IoT, digital twin technology, and advanced embedded systems, the company is constantly evolving its service offerings to stay ahead of industry trends. Consequently, clients benefit from enhanced operational efficiencies, accelerated time-to-market, and the ability to harness transformative technologies that drive competitive advantage. Furthermore, this accolade by Everest Group is a testament to the company’s innovation and its unwavering focus on delivering impactful, future-ready engineering solutions.

L&T Technology Services is a listed subsidiary of Larsen & Toubro focused on Engineering and R&D (ER&D) services.