LTIMindtree soars on strengthening strategic partnership with Nexi Group
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
LTIMindtree is currently trading at Rs. 5885.40, up by 48.20 points or 0.83% from its previous closing of Rs. 5837.20 on the BSE.
The scrip opened at Rs. 5820.05 and has touched a high and low of Rs. 5960.60 and Rs. 5820.05 respectively. So far 3451 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 6575.00 on 19-Sep-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. 6014.25 and Rs. 5714.00 respectively. The current market cap of the company is Rs. 174535.26 crore.
The promoters holding in the company stood at 68.60%, while Institutions and Non-Institutions held 22.28% and 9.12% respectively.
LTIMindtree has strengthened strategic partnership with Nexi Group, a leading European PayTech provider. This collaboration is set to elevate Nexi’s technology landscape across its core acquiring, issuing, and ecommerce platforms, further solidifying its position as a key player in the digital payments space.
As a part of this partnership, the company will leverage its technical expertise and cutting-edge solutions to optimize Nexi's core platforms, ensuring enhanced performance, innovation, and scalability. The company will also manage Nexi's hybrid infrastructure, enabling a seamless integration of on-premise and cloud-based solutions, while supporting the company’s digital transformation efforts.
More than 800 highly skilled associates from the company will service Nexi from nine global delivery centers, providing round-the-clock support and driving Nexi’s technological advancements. These global centers will ensure agility and operational excellence, while also enabling a localized approach in key markets.
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.
