LTIMindtree Ltd.

BSE: 540005 | NSE: LTIM
Large Cap | IT - Software
5990.00
-415.25 (-6.48%)
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Larsen & Toubro Infotech jumps on completing acquisition of 100% stake in Cuelogic Technologies

Date: 08-07-2021

Larsen & Toubro Infotech is currently trading at Rs. 4064.90, up by 30.40 points or 0.75% from its previous closing of Rs. 4034.50 on the BSE.

The scrip opened at Rs. 4058.00 and has touched a high and low of Rs. 4100.45 and Rs. 4028.55 respectively. So far 7296 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4499.90 on 15-Jan-2021 and a 52 week low of Rs. 2011.05 on 08-Jul-2020.

Last one week high and low of the scrip stood at Rs. 4100.45 and Rs. 3990.30 respectively. The current market cap of the company is Rs. 70681.84 crore.

The promoters holding in the company stood at 74.27%, while Institutions and Non-Institutions held 17.84% and 7.89% respectively.

Larsen & Toubro Infotech (LTI) has completed the acquisition of 100% shareholding of Cuelogic Technologies, having its registered office in Pune along with its 100% subsidiary in US, Cuelogic Technologies, Inc. Consequently, Cuelogic is now a wholly owned subsidiary of the company and Cuelogic Technologies Inc., US is now wholly owned step-down subsidiary of the Company.

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