LTIMindtree gains as its arm enters into partnership with Voicing.AI

LTM Ltd. | IT - Software | IT & ITES | BSE: 540005 | NSE: LTM

04 Dec 2024 Evaluate

LTIMindtree is currently trading at Rs. 6223.50, up by 60.55 points or 0.98% from its previous closing of Rs. 6162.95 on the BSE.

The scrip opened at Rs. 6209.95 and has touched a high and low of Rs. 6234.00 and Rs. 6150.75 respectively. So far 483 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. 6285.40 and Rs. 6086.35 respectively. The current market cap of the company is Rs. 184100.52 crore.

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

LTIMindtree’s wholly owned subsidiary -- LTIMindtree USA Inc. has entered into partnership with Voicing.AI, a next-generation start-up. Further, the company has also made strategic investment in Voicing. AI.

This partnership aligns with LTIMindtree’s strategy, AI in everything, Everything for AI and AI for Everyone. Voicing.AI’s proprietary technology brings human-like voice capability across more than 20 languages with conversational, contextual, and emotional intelligence, in what is typically referred to as ‘agentic AI’. LTIMindtree aims to reshape the future of Business Processes by leveraging AI-led platforms. This will enable their clients to optimize costs, reduce risk, enhance user experience, address revenue leakages, and enhance upsell opportunities.

LTIMindtree will help clients integrate Voicing.AI with their custom tools, knowledge bases - both structured or unstructured, CRM systems, and leading call management platforms and systems. This Agentic AI technology is fully compliant with SOC2, HIPAA, and multi-layered data security protocols.

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.

LTM Share Price

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TCS	2430.75
Infosys	1168.40
HCL Tech.	1200.45
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