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LTIMindtree climbs on joining forces with Microsoft to supercharge AI innovation

26 Nov 2024 Evaluate

LTIMindtree is currently trading at Rs. 6236.30, up by 120.70 points or 1.97% from its previous closing of Rs. 6115.60 on the BSE.

The scrip opened at Rs. 6131.65 and has touched a high and low of Rs. 6236.35 and Rs. 6130.25 respectively. So far 4093 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. 6236.35 and Rs. 5845.40 respectively. The current market cap of the company is Rs. 184229.36 crore.

The promoters holding in the company stood at 68.60%, while Institutions and Non-Institutions held 22.28% and 9.12% respectively.

LTIMindtree and Microsoft are joining forces to usher in a new era of Artificial Intelligence (AI) driven transformation. By leveraging the company’s industry specific expertise and Microsoft’s cutting-edge AI technologies, global enterprises can now transition from experimentation to meaningful business outcomes. The partnership allows clients to fast-track the adoption of AI solutions and transform ambitious AI visions into actionable strategies. 

Microsoft and LTIMindtree will collaborate to create a joint go-to-market strategy and make joint investments in AI-powered solutions. At the heart of this partnership is the company’s vision of ‘AI in Everything, Everything for AI, AI for Everyone’. This philosophy centers on making AI not just accessible, but actionable for businesses. Whether it's enhancing customer experiences, optimizing operations, or enabling data-driven decisions, the focus is on embedding AI as a core business enabler that scales innovation. 

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.

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