LTIMindtree Ltd.

Larsen & Toubro Infotech (LTI) is currently trading at Rs. 1560.95, up by 62.05 points or 4.14% from its previous closing of Rs. 1498.90 on the BSE.

The scrip opened at Rs. 1523.00 and has touched a high and low of Rs. 1564.00 and Rs. 1523.00 respectively. So far 3730 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1896.70 on 07-Feb-2019 and a 52 week low of Rs. 1436.65 on 22-Jul-2019.

Last one week high and low of the scrip stood at Rs. 1564.00 and Rs. 1471.85 respectively. The current market cap of the company is Rs. 26070.45 crore.

The promoters holding in the company stood at 74.62%, while Institutions and Non-Institutions held 15.86% and 9.52% respectively.

Larsen & Toubro Infotech has signed a definitive agreement for acquisition of 100% shareholding of PowerupCloud Technologies. This acquisition will help LTI strengthen its cloud services capabilities through a combination of right leadership, team, assets and ecosystem connects, which in turn will enable LTI to provide better services to its existing and new clients. The acquisition is subject to customary closing conditions which are expected to get completed within 6 weeks.

LTI is a global technology consulting and digital solutions company helping more than 300 clients succeed in a converging world.