LTIMindtree rises on strengthening engagement with Arenco Group
LTIMindtree is currently trading at Rs. 4618.10, up by 10.55 points or 0.23% from its previous closing of Rs. 4607.55 on the BSE.
The scrip opened at Rs. 4600.25 and has touched a high and low of Rs. 4655.00 and Rs. 4582.65 respectively. So far 10700 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. 4240.00 on 17-Mar-2025.
Last one week high and low of the scrip stood at Rs. 4659.70 and Rs. 4273.45 respectively. The current market cap of the company is Rs. 136838.00 crore.
The promoters holding in the company stood at 68.57%, while Institutions and Non-Institutions held 22.43% and 9.00% respectively.
LTIMindtree has strengthened its engagement with Arenco Group, a leading group into Real Estate, Hotel Apartments, Hotels, Car Rentals & Auto Services, Furniture Manufacturing and Trading, Interior Design and other investments.
This engagement will enable upgradation of JD Edwards 9.1 system to latest release and hosting of JDE application on Oracle cloud infrastructure to modernize Arenco’s IT infrastructure. This will consequently improve agility, optimize costs, enhance performance, ensure compliance, and unlock new capabilities to drive business growth and innovation at Arenco.
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.
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