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L&T Technology Services gains on expanding collaboration with Microsoft Corporation

  • bitnet infotech
  • August 4, 2020
  • 9:38 am
L&T Technology Services is currently trading at Rs. 1540.00, up by 5.95 points or 0.39% from its previous closing of Rs. 1534.05 on the BSE.
The scrip opened at Rs. 1540.00 and has touched a high and low of Rs. 1568.35 and Rs. 1531.25 respectively. So far 1837 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 1780.00 on 27-Jan-2020 and a 52 week low of Rs. 995.00 on 23-Mar-2020.
Last one week high and low of the scrip stood at Rs. 1568.35 and Rs. 1447.65 respectively. The current market cap of the company is Rs. 16078.47 crore.
The promoters holding in the company stood at 74.60% while Institutions and Non-Institutions held 13.40% and 12.00% respectively.
L&T Technology Services has expanded its collaboration with Microsoft Corporation and launched its latest and enhanced version of the state-of-the-art i-BEMS solution on Microsoft Azure to transform buildings into future-ready smart campuses.
LTTS’ award-winning Intelligent Building Experience Management System i-BEMS is a system-of-systems solution that focuses on creating digital experiences and intelligent space management. The cloud-based smart buildings/campus/spaces solution helps monitor and manage building operations and optimize business metrics leveraging advanced IoT based Edge Analytics and machine learning algorithms.
L&T Technology Services is a listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services.

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