L&T Technology Services Ltd.

BSE: 540115 | NSE: LTTS
Mid Cap | IT - Software
3354.15
-19.30 (-0.57%)
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L&T Technology Services rises on inking pact with Schindler

Date: 15-12-2020

L&T Technology Services is currently trading at Rs. 1845.00, up by 24.75 points or 1.36% from its previous closing of Rs. 1820.25 on the BSE.

The scrip opened at Rs. 1830.00 and has touched a high and low of Rs. 1849.95 and Rs. 1826.50 respectively. So far 3936 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1883.45 on 10-Dec-2020 and a 52 week low of Rs. 995.00 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1883.45 and Rs. 1810.00 respectively. The current market cap of the company is Rs. 19374.82 crore.

The promoters holding in the company stood at 74.36%, while Institutions and Non-Institutions held 13.80% and 11.83% respectively.

L&T Technology Services (LTTS) has been selected by Schindler, the Switzerland-based global leading provider of elevators, escalators, moving walks and related services as one of its key partners to provide innovative digital engineering capabilities.

According to the agreement, the company will provide product development, innovation and engineering services & solutions that will help Schindler to accelerate its digitization and connectivity initiatives.

L&T Technology Services is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services.