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LTIMindtree surges on collaborating with Microsoft
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LTIMindtree is currently trading at Rs. 6198.40, up by 88.00 points or 1.44% from its previous closing of Rs. 6110.40 on the BSE.
The scrip opened at Rs. 6122.20 and has touched a high and low of Rs. 6288.00 and Rs. 6122.20 respectively. So far 15382 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 6,288.00 on 20-Dec-2023 and a 52 week low of Rs. 4120.00 on 23-Jan-2023.
Last one week high and low of the scrip stood at Rs. 6288.00 and Rs. 5796.50 respectively. The current market cap of the company is Rs. 183438.18 crore.
The promoters holding in the company stood at 68.66%, while Institutions and Non-Institutions held 21.06% and 10.28% respectively.
LTIMindtree has collaborated with Microsoft to introduce cutting-edge, AI Powered Employee Engagement Applications. This collaboration marks a significant leap forward in delivering enhanced employee and customer experiences.
Under the umbrella of LTIMindtree’s innovative Canvas.AI suite of AI offerings and solutions, these Generative AI Powered Employee Engagement Applications will redefine enterprise effectiveness and enable greater personalization. LTIMindtree’s Generative AI-powered Employee Engagement Applications utilize Microsoft Azure OpenAI Service and Azure Cognitive Search to enable a range of AI-led capabilities including: content summarization, graph-led knowledge structuring, and an innovative copilot. This transformative approach is set to enhance the cognitive intelligence within organizations, setting a new standard for employee engagement applications.
LTIMindtree also inaugurated a Microsoft Cloud Generative AI Center of Excellence (GenAI CoE), recently. This centre serves as a hub for innovation, enabling customers to scale their digital transformation initiatives utilizing the power of Generative AI.
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.
