LTIMindtree inches up on collaborating with IBM
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
LTIMindtree is currently trading at Rs. 4707.85, up by 8.90 points or 0.19% from its previous closing of Rs. 4698.95 on the BSE.
The scrip opened at Rs. 4720.25 and has touched a high and low of Rs. 4725.00 and Rs. 4678.45 respectively. So far 757 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 6442.65 on 15-Jan-2024 and a 52 week low of Rs. 4,517.50 on 09-May-2023.
Last one week high and low of the scrip stood at Rs. 4739.15 and Rs. 4640.90 respectively. The current market cap of the company is Rs. 139165.69 crore.
The promoters holding in the company stood at 68.60%, while Institutions and Non-Institutions held 21.44% and 9.96% respectively.a co-innovation center combining the power of the IBM watsonx AI and data platform and the engineering skills of LTIMindtree. Open innovation drives the growth of enterprise AI technology, helping organizations apply AI-infused solutions to solve business challenges. It is this same open innovation which plays a key role in the LTIMindtree and IBM collaboration.
The LTIMindtree and IBM CoE plans to offer a comprehensive suite of services, combining LTIMindtree's expertise in data and machine learning model customization and full-stack engineering with IBM watsonx technology including watsonx.ai, watsonx.data, and watsonx.governance, and AI assistants. The center, located in India, will focus on building point solutions to accelerate clients’ generative AI adoption journeys.
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.
