LTIMindtree soars on joining hands with Shopify
LTIMindtree is currently trading at Rs. 5594.95, up by 171.15 points or 3.16% from its previous closing of Rs. 5423.80 on the BSE.
The scrip opened at Rs. 5440.05 and has touched a high and low of Rs. 5619.50 and Rs. 5440.05 respectively. So far 487 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. 3841.05 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 5619.50 and Rs. 5291.00 respectively. The current market cap of the company is Rs. 160770.53 crore.
The promoters holding in the company stood at 68.56%, while Institutions and Non-Institutions held 22.82% and 8.62% respectively.
LTIMindtree has partnered with Shopify, an AI powered commerce platform for enterprises that empowers businesses to launch, manage, and grow their online stores. Leveraging the Shopify platform, the company will set up an AI enabled Center of Excellence (CoE) for Digital Commerce that will help global enterprises to transform at the speed of AI and innovate at scale.
LTIMindtree Interactive, the AI-led agency unit of the company, is driving the next wave of enterprise digital commerce transformation for CMOs across the globe. Shopify, trusted by millions of merchants, provides essential internet infrastructure for commerce, offering trusted tools to start, scale, market, and run a retail business of any size.
Leveraging the Shopify platform, the company will power an AI-driven Centre of Excellence to develop a best-in-class CoE that will build advanced AI commerce capabilities to help enterprises stay ahead of competition; Develop industry-focused accelerators for faster go-to-market; Provide migration toolkits to move seamlessly from legacy to modern platforms; Design accelerated learning programs to upskill talent at scale; and Drive co-investments in building new integrations and capabilities.
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.
