L&T Technology Services Ltd.

BSE: 540115 | NSE: LTTS
Mid Cap | IT - Software
3373.45
41.05 (1.23%)
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L&T Technology Services gains on incorporating wholly owned subsidiary in Poland

Date: 31-10-2023

L&T Technology Services is currently trading at Rs. 4192.70, up by 15.00 points or 0.36% from its previous closing of Rs. 4177.70 on the BSE.

The scrip opened at Rs. 4249.95 and has touched a high and low of Rs. 4249.95 and Rs. 4160.00 respectively. So far 2394 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4859.75 on 11-Oct-2023 and a 52 week low of Rs. 3218.00 on 20-Jan-2023.

Last one week high and low of the scrip stood at Rs. 4253.00 and Rs. 4107.20 respectively. The current market cap of the company is Rs. 44352.05 crore.

The promoters holding in the company stood at 73.77%, while Institutions and Non-Institutions held 16.68% and 9.55% respectively.

L&T Technology Services has incorporated wholly owned subsidiary with the name ‘L&T Technology Services Poland spolka z ograniczona odpowiedzialnoscia' in Poland. The company has incorporated wholly owned subsidiary on October 30, 2023. 

The subsidiary will be engaged in Engineering activities and related technical consultancy, Other research and experimental development on natural sciences and engineering, Specialised design activities, Other technical testing and analysis, Computer programming activities, Computer consultancy activities, Computer facilities management activities, Other information technology and computer service activities, Data processing, hosting and related activities, Business and other management consultancy activities, Office administrative service activities and Public relations and communication activities.

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