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L&T Technology Services surges on securing multi-million-dollar EPCM project in Europe

L&T Technology Services Ltd. | IT - Software | IT & ITES | BSE: 540115 | NSE: LTTS

23 Dec 2019 Evaluate

L&T Technology Services is currently trading at Rs. 1475.00, up by 5.65 points or 0.38% from its previous closing of Rs. 1469.35 on the BSE.

The scrip opened at Rs. 1471.50 and has touched a high and low of Rs. 1497.80 and Rs. 1469.00 respectively. So far 2222 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1817.75 on 20-May-2019 and a 52 week low of Rs. 1395.60 on 14-Nov-2019.

Last one week high and low of the scrip stood at Rs. 1529.00 and Rs. 1465.05 respectively. The current market cap of the company is Rs. 15426.22 crore.

The promoters holding in the company stood at 74.97%, while Institutions and Non-Institutions held 13.69% and 11.34% respectively.

L&T Technology Services (LTTS) has won a multi-million dollar project from one of the world’s top plastics, chemicals and refining manufacturers, to deliver the entire spectrum of Engineering, Procurement and Construction Management (EPCM) services for the expansion of an existing site in Europe.

The expansion project will be implemented at the customer’s brownfield plant in Germany over 30 months. As the strategic engineering partner, LTTS will play a key role in executing the entire project through an EPCM model, from procurement and supply chain management support to safety aspects and efficient design.

The project execution from LTTS will help the customer deliver quality products to end customers and expand its reach to meet the growing demands of the global chemical and polymers market.

LTTS is a listed subsidiary of Larsen & Toubro focused on Engineering and R&D (ER&D) services.

L&T Technology Serv. Share Price

3575.45 86.95 (2.49%)

20-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2578.45
Infosys	1311.95
HCL Tech.	1428.35
Wipro	202.40
Tech Mahindra	1504.10
View more..

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L&T Technology Services surges on securing multi-million-dollar EPCM project in Europe

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