L&T Technology Services rises on bagging multi-million dollar ER&D project

23 Mar 2018 Evaluate

L&T Technology Services is currently trading at Rs. 1194.00, up by 11.60 points or 0.98% from its previous closing of Rs. 1182.40 on the BSE.

The scrip opened at Rs. 1182.00 and has touched a high and low of Rs. 1201.40 and Rs. 1171.00 respectively. So far 1,494 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1547.00 on 12-Feb-2018 and a 52 week low of Rs. 671.00 on 13-Jun-2017.

Last one week high and low of the scrip stood at Rs. 1249.00 and Rs. 1150.00 respectively. The current market cap of the company is Rs. 12,274.00 crore.

The promoters holding in the company stood at 89.28%, while Institutions and Non-Institutions held 4.25% and 6.46% respectively.

Germany’s Covestro, a world-leading manufacturer of high-tech polymer materials, has chosen L&T Technology Services (LTTS) to implement digitalization based Engineering Programs across Covestro’s global locations. L&T Technology Services, a global leading pure play ER&D services company, has been awarded a multi-million dollar contract by Covestro to execute these engineering transformational programs.

Within this program, L&T Technology Services has been selected as the engineering partner to drive digital transformation across Covestro’s 8 global locations, especially in the area of data migration.

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


L&T Technology Serv. Share Price

4755.00 -77.55 (-1.60%)
23-Dec-2024 15:07 View Price Chart
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