LTIMindtree surges on launching Smart Spaces Offering with ESG suite

LTIMindtree is currently trading at Rs. 6369.60, up by 116.50 points or 1.86% from its previous closing of Rs. 6253.10 on the BSE.

The scrip opened at Rs. 6260.05 and has touched a high and low of Rs. 6387.75 and Rs. 6187.40 respectively. So far 6532 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 6575.00 on 19-Sep-2024 and a 52 week low of Rs. 4518.35 on 04-Jun-2024.

Last one week high and low of the scrip stood at Rs. 6387.75 and Rs. 6100.50 respectively. The current market cap of the company is Rs. 188310.77 crore.

The promoters holding in the company stood at 68.60%, while Institutions and Non-Institutions held 21.51% and 9.89% respectively.

LTIMindtree has launched new comprehensive digital transformation and ESG platform- Smart Spaces 2.0. With this solution, existing and new buildings can be fitted with the latest IoT devices, and the facilities team can instantly access key data on the platform pertaining to operational and environmental metrics such as energy, emission, water and waste. It can help achieve significant savings and operational excellence for investors, landlords, building managers and tenants across residential and office buildings.

In commercial and industrial settings, Smart Spaces 2.0 can help with end-to-end ESG reporting across key factors, while delivering predictive maintenance and repair inputs. Clients can also integrate Smart Spaces 2.0 with their existing building and plant management systems to take instant action on alerts provided by the system.

Smart Spaces 2.0, a comprehensive suite available through iNXT- LTIMindtree’s Digital Transformation Platform, helps enable intelligent and connected building spaces, ensuring optimal efficiency and reliability, with a holistic suite of solutions to lead and accelerate enterprise digital transformation from an ESG perspective. Using the platform, organisations can easily adhere to national and global standards for sustainability frameworks such as GRI, TCFD, BRSR, CSRD and Greenmark, ISO frameworks. 

LTIMindtree (formerly Larsen & Toubro Infotech) is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies.