LTIMindtree Ltd.

BSE: 540005 | NSE: LTIM
Large Cap | IT - Software
6405.25
97.50 (1.55%)
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LTI rises on partnering with Injazat to accelerate digital transformation in Middle East

Date: 07-12-2020

Larsen & Toubro Infotech is currently trading at Rs. 3270.75, up by 6.15 points or 0.19% from its previous closing of Rs. 3264.60 on the BSE.

The scrip opened at Rs. 3270.00 and has touched a high and low of Rs. 3339.65 and Rs. 3234.50 respectively. So far 5093 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3515.15 on 12-Oct-2020 and a 52 week low of Rs. 1207.60 on 19-Mar-2020.

Last one week high and low of the scrip stood at Rs. 3469.45 and Rs. 3230.00 respectively. The current market cap of the company is Rs. 57285.72 crore.

The promoters holding in the company stood at 74.36%, while Institutions and Non-Institutions held 17.62% and 8.02% respectively.

Larsen & Toubro Infotech (LTI) has entered into a strategic partnership with Injazat, the UAE-based leader in digital transformation, to implement its new best-shore service delivery model that is set to redefine a new era in regional digital leadership.

This partnership will see Injazat add considerable depth to its digital innovation ecosystem and customer centric approach. The new service delivery model implemented in partnership with LTI, will provide Injazat’s customers with a hybrid of delivery approaches including onshore, best-shore, and cloud, and will further advance Injazat’s wider digital delivery ecosystem. The partnership builds on the ongoing relationship between the two companies and consolidates Injazat’s position as the premier multi-cloud service provider in the region, with its InCloud offering.

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