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Larsen & Toubro Infotech gains on partnering with Saviynt

04 Aug 2022 Evaluate

Larsen & Toubro Infotech is currently trading at Rs. 4800.00, up by 7.45 points or 0.16% from its previous closing of Rs. 4792.55 on the BSE.

The scrip opened at Rs. 4836.70 and has touched a high and low of Rs. 4905.00 and Rs. 4785.25 respectively. So far 28587 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 7595.25 on 04-Jan-2022 and a 52 week low of Rs. 3733.25 on 26-May-2022.

Last one week high and low of the scrip stood at Rs. 4905.00 and Rs. 4672.15 respectively. The current market cap of the company is Rs. 84156.21 crore.

The promoters holding in the company stood at 74.03%, while Institutions and Non-Institutions held 16.56% and 9.41% respectively.

Larsen & Toubro Infotech (LTI) has partnered with Saviynt, a leading provider of enterprise cloud identity solutions. The partnership combines Saviynt Enterprise Identity Cloud with LTI’s Active XDR (eXtended Detection & Response) capabilities to provide organizations with improved identity management and security threat protection during digital transformation.

Accelerated cloud adoption and the proliferation of critical applications have transformed today’s business environment. As companies attempt to innovate at the speed of business and gain a competitive edge, digital advancements through cloud-first initiatives have created significant IT and security risk challenges.

Identity plays a vital role in improving overall security posture and enabling better cyber controls for modern enterprises. LTI and Saviynt will deliver integrated solutions seamlessly across cloud and hybrid environments. The integrated solution will address new identity security challenges emerging from remote and hybrid workforces, cloud adoption, and changing regulatory compliance requirements around the globe.

LTI is a global technology consulting and digital solutions company helping more than 420 clients succeed in a converging world.

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