LTIMindtree rises on expanding partnership with SAP
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LTIMindtree is currently trading at Rs. 4718.65, up by 87.45 points or 1.89% from its previous closing of Rs. 4631.20 on the BSE.
The scrip opened at Rs. 4620.15 and has touched a high and low of Rs. 4718.65 and Rs. 4620.15 respectively. So far 8189 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. 4518.35 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 4858.65 and Rs. 4518.35 respectively. The current market cap of the company is Rs. 137597.50 crore.
The promoters holding in the company stood at 68.60%, while Institutions and Non-Institutions held 21.44% and 9.96% respectively.
LTIMindtree has expanded its partnership with SAP, a leading provider of enterprise application software, to deliver innovations for complex manufacturing industries. The collaboration aims to tackle the unique challenges of this sector, offering streamlined solutions that enhance efficiency, reduce costs and ensure seamless upgrades.
The alliance focuses on utilizing SAP’s advanced technologies, including the Business Technology Platform and Business AI, integrated with SAP GROW. These tools are designed to provide a foundation that simplifies upgrades, like moving to SAP S/4HANA, while also offering pre-built extensions for complex manufacturing processes.
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.
