LTIMindtree climbs on joining hands with Eurobank for multi-year banking technology program
LTIMindtree is currently trading at Rs. 5600.30, up by 122.25 points or 2.23% from its previous closing of Rs. 5478.05 on the BSE.
The scrip opened at Rs. 5501.00 and has touched a high and low of Rs. 5636.00 and Rs. 5466.35 respectively. So far 5478 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 6764.80 on 16-Dec-2024 and a 52 week low of Rs. 4518.35 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 5736.80 and Rs. 5416.25 respectively. The current market cap of the company is Rs. 166928.76 crore.
The promoters holding in the company stood at 68.57%, while Institutions and Non-Institutions held 22.43% and 9.00% respectively.
LTIMindtree and Eurobank have collaborated to initiate a multi-year mutually beneficial cooperation focused on enhancing customer experience by improving banking operations and building innovative IT services for Eurobank and its subsidiaries. The collaboration has been enabled by Fairfax Digital Services (A Fairfax company) and will include the establishment of a Global Delivery Center in India.
Recently, both the entities officially inaugurated their new Global Delivery Center at the LTIMindtree office on February 17, 2025 in Pune, India. Alongside the recently established LTIMindtree Greece office, Pune center will drive technology modernisation, digital innovation as well as enhance and maintain critical banking applications. This initiative will empower Eurobank Group to effectively meet growing customers' demands as it expands its services.
LTIMindtree (formerly Larsen & Toubro Infotech) is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies.
