LTIMindtree gains on entering into strategic partnership with GitHub

11 Dec 2024 Evaluate

LTIMindtree is currently trading at Rs. 6590.65, up by 16.05 points or 0.24% from its previous closing of Rs. 6574.60 on the BSE.

The scrip opened at Rs. 6670.45 and has touched a high and low of Rs. 6670.45 and Rs. 6586.90 respectively. So far 1365 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 6,670.45 on 11-Dec-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. 6670.45 and Rs. 6249.95 respectively. The current market cap of the company is Rs. 195371.80 crore.

The promoters holding in the company stood at 68.60%, while Institutions and Non-Institutions held 22.28% and 9.12% respectively.

LTIMindtree has entered into strategic partnership with GitHub. This collaboration integrates GitHub’s advanced DevOps and AI-driven pair programming capabilities with LTIMindtree’s expertise in digital engineering and AI transformation, creating a powerful ecosystem to drive enterprise innovation at scale.

As IT complexities increase, the demand for strong software quality, security, and speed becomes more critical. While Generative AI holds immense potential, many organizations are struggling to fully capitalize on it for software development. Recognizing this challenge, LTIMindtree is dedicated to driving agile transformation by integrating Generative AI into the software delivery process through shift-left, shift-right, and shift-down practices.

The LTIMindtree-GitHub partnership will supercharge organizations by scaling AI-enabled capabilities and reimagining the software development lifecycle. By leveraging LTIMindtree's expertise in delivering digital programs and GitHub's robust Copilot-powered platform, this collaboration will streamline development processes and deliver AI-powered developer solutions tailored to enterprise needs. Developers will benefit from enhanced collaboration tools, automated workflows, and reduced manual effort, enabling faster time-to-market and improved software quality. Additionally, the GitHub ecosystem will enhance productivity by providing early access to innovative tools and fostering co-innovation.

LTIMindtree's investment in creating a knowledge fabric that powers AI-native SDLC, brings customer context, technology best practices, and end-to-end correlation, will integrate with the GitHub ecosystem to further drive efficiencies and improve experiences across personas, resulting in faster time to value. As the next step, LTIMindtree is investing in establishing a Centre of Excellence, training its workforce on GitHub, GitHub Copilot, and GitHub Enterprise Server, and integrating the GitHub ecosystem into its accelerators and platforms.

This alliance reaffirms LTIMindtree’s leadership in digital engineering and its commitment to driving the next wave of AI-driven innovation, helping enterprises achieve high performance, agility, and sustained growth.

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.

LTIMindtree Share Price

6587.00 -107.20 (-1.60%)
18-Dec-2024 15:31 View Price Chart
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Company Name CMP
TCS 4355.00
Infosys 1979.85
HCL Tech. 1958.00
Wipro 312.05
Tech Mahindra 1778.65
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