Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
3932.45
138.80 (3.66%)
< Home < Back

L&T firms up on subsidiary partnering with ThingWorx

Date: 24-02-2015

Larsen & Toubro (L&T) is currently trading at Rs. 1704.00, up by 18.05 points or 1.07 % from its previous closing of Rs. 1685.95 on the BSE.

The scrip opened at Rs. 1690.30 and has touched a high and low of Rs. 1710.50 and Rs. 1690.10 respectively. So far 61063 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1774.70 on 09-Jun-2014 and a 52 week low of Rs. 1051.00 on 24-Feb-2014.

Last one week high and low of the scrip stood at Rs. 1715.00 and Rs. 1650.00 respectively. The current market cap of the company is Rs. 158862.16 crore.

The Institutions holding in the company stood at 54.19 % while Non-Institutions held 43.56% of company’s stake.

Larsen & Toubro’s (L&T) wholly owned subsidiary L&T Technology Services has partnered with ThingWorx, a PTC business, for developing technologies on the Internet of Things (IoT). L&T Technology Services has joined hands with ThingWorx Partner Program to create new Machine-to-Machine (M2M) and IoT solutions for its customers.

Machine Data collection, Remote management and Engineering Analytics of parameters from “Things” will help OEMs, Industries and Consumers to improve operational efficiencies, warranty, service management and make user experience better.

L&T is a technology, engineering, construction and manufacturing company. It is one of the largest and most respected companies in India's private sector