LTIMINDTREE LTD.
NSE : LTIMBSE : 540005ISIN
CODE : INE214T01019Industry : IT - SoftwareHouse
: L&T
BSE4750.90-14.6 (-0.31 % )
PREV CLOSE (Rs.) 4765.50
OPEN PRICE (Rs.) 4790.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 3841
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE4751.10 -13.2 (-0.28 % )
PREV CLOSE(Rs.) 4764.30
OPEN PRICE (Rs.) 4789.95
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 4751.10 (27 )
VOLUME 21310
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 08-May-2024 | LTIMindtree inches up on collaborating with IBM | <p style="text-align: justify;">LTIMindtree is currently trading at Rs. 4707.85, up by 8.90 points or 0.19% from its previous closing of Rs. 4698.95 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 4720.25 and has touched a high and low of Rs. 4725.00 and Rs. 4678.45 respectively. So far 757 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 6442.65 on 15-Jan-2024 and a 52 week low of Rs. 4,517.50 on 09-May-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 4739.15 and Rs. 4640.90 respectively. The current market cap of the company is Rs. 139165.69 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 68.60%, while Institutions and Non-Institutions held 21.44% and 9.96% respectively.</p><p style="text-align: justify;">LTIMindtree has collaborated with IBM to establish a global, joint Generative AI Center of Excellence (CoE) in India, a co-innovation center combining the power of the IBM watsonx AI and data platform and the engineering skills of LTIMindtree. Open innovation drives the growth of enterprise AI technology, helping organizations apply AI-infused solutions to solve business challenges. It is this same open innovation which plays a key role in the LTIMindtree and IBM collaboration.</p><p style="text-align: justify;">The LTIMindtree and IBM CoE plans to offer a comprehensive suite of services, combining LTIMindtree's expertise in data and machine learning model customization and full-stack engineering with IBM watsonx technology including watsonx.ai, watsonx.data, and watsonx.governance, and AI assistants. The center, located in India, will focus on building point solutions to accelerate clients' generative AI adoption journeys.</p><p style="text-align: justify;">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.</p><div style="text-align: justify;"><br></div> |
| 08-May-2024 | LTIMindtree, Kajaria Ceramics and Piramal Pharma to see some action today | <p style="text-align: justify;"><b>LTIMindtree </b>has collaborated with IBM to establish a global, joint Generative AI Center of Excellence (CoE) in India, a co-innovation center combining the power of the IBM watsonx AI and data platform and the engineering skills of LTIMindtree. Open innovation drives the growth of enterprise AI technology, helping organizations apply AI-infused solutions to solve business challenges. It is this same open innovation which plays a key role in the LTIMindtree and IBM collaboration.</p><p style="text-align: justify;"><b>Kajaria Ceramics</b> has received approval for a project to set up a manufacturing facility of tiles adhesive at Gailpur (Rajasthan), having annual capacity of 36000 tonnes with an estimated project cost of Rs 15 crore. The company already has presence in the tile adhesive segment through outsourcing model. The Company is now setting up its own manufacturing facility for the same. The Board of Directors of the Company at their meeting held on May 7, 2024, has approved the same.</p><p style="text-align: justify;"><b>Piramal Pharma</b>'s Consumer Products Division (CPD) has launched its new digital campaign for 'Polycrol,' its trusted antacid brand, featuring actor, Jisshu Sengupta as the brand ambassador. This collaboration marks a significant milestone in Polycrol's journey to redefine the narrative surrounding digestive wellness. With a rich legacy spanning over four decades, Polycrol has earned the trust and confidence of millions, establishing itself as the go-to solution for those seeking quick and long lasting relief from acidity.</p><p style="text-align: justify;"><b>Avantel </b>has received a purchase order worth of Rs 4.26 crore from Mazagon Dock Shipbuilders. The said order is to be executed by November 2, 2024. Recently, the company had received a purchase order worth of Rs 2.29 crore from Bharat Electronics</p><p style="text-align: justify;"><b>InterGlobe Aviation </b>(IndiGo) has unveiled additional flights between Delhi and Phuket, Thailand, starting from June 01, 2024. Responding to the growing demand from business and leisure travellers, the airline is doubling its current frequency from 7 to an impressive 14 flights per week. With the advantage of visa-free entry to Thailand, these additional flights will boost travel, trade, and tourism between both nations, thereby fostering stronger bilateral ties.</p><p style="text-align: justify;"><b>Bharti Airtel</b> has deployed additional sites in Haora and Hugli Districts under its rural enhancement project. In this year alone, Airtel has doubled down on its commitment to the states and has invested additional capex to enhance its network connectivity for seamless experience on 4G, 5G, Broadband and Fiber. The addition of fresh fiber capacity will support the growth of demand for high-speed data services in these regions.</p><div style="text-align: justify;"><b>Dr. Reddy's Laboratories</b> has reported results for fourth quarter (Q4) ended March 31, 2024. The company has reported 53.90% rise in its net profit at Rs 1,034.80 crore for the quarter under review as compared to Rs 672.40 crore for the same quarter in the previous year. Total income of the company increased by 13.89% at Rs 5,317.50 crore for Q4FY24 as compared Rs 4,668.80 crore for the corresponding quarter previous year. On consolidated basis, the company has reported 36.42% rise in its net profit at Rs 1,309.80 crore for fourth quarter ended March 31, 2024 as compared to Rs 960.10 crore for the same quarter in the previous year. Total income of the company increased by 13.29% at Rs 7,311.30 crore for Q4FY24 as compared Rs 6,453.70 crore for the corresponding quarter previous year.</div> |
| 07-May-2024 | LTIMindtree collaborates with IBM | <p style="text-align: justify;">LTIMindtree has collaborated with IBM to establish a global, joint Generative AI Center of Excellence (CoE) in India, a co-innovation center combining the power of the IBM watsonx AI and data platform and the engineering skills of LTIMindtree. Open innovation drives the growth of enterprise AI technology, helping organizations apply AI-infused solutions to solve business challenges. It is this same open innovation which plays a key role in the LTIMindtree and IBM collaboration.</p><p style="text-align: justify;">The LTIMindtree and IBM CoE plans to offer a comprehensive suite of services, combining LTIMindtree's expertise in data and machine learning model customization and full-stack engineering with IBM watsonx technology including watsonx.ai, watsonx.data, and watsonx.governance, and AI assistants. The center, located in India, will focus on building point solutions to accelerate clients' generative AI adoption journeys.</p><p style="text-align: justify;">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.</p><div style="text-align: justify;"><br></div> |
| 07-May-2024 | LTIMindtree informs about press release | <div>LTIMindtree has informed that it enclosed copy of the Press Release titled ‘LTIMindtree and IBM Collaborate on watsonx Center of Excellence for Generative AI'.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 25-Apr-2024 | LTIMindtree reports marginal fall in Q4 consolidated net profit | <p style="text-align: justify;">LTIMindtree has reported results for fourth quarter (Q4) and year ended March 31, 2024.</p><p style="text-align: justify;">The company has reported 0.40% rise in its net profit at Rs 1,093.60 crore for the quarter under review as compared to Rs 1,089.20 crore for the same quarter in the previous year. Total income of the company increased by 4.50% at Rs 8,814.10 crore for Q4FY24 as compared Rs 8,434.50 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">On consolidated basis, the company has reported 1.20% fall in its net profit at Rs 1,100.70 crore for fourth quarter ended March 31, 2024 as compared to Rs 1,114.10 crore for the same quarter in the previous year. However, total income of the company increased by 3.92% at Rs 9,100.50 crore for Q4FY24 as compared Rs 8,757.40 crore for the corresponding quarter previous year. </p><p style="text-align: justify;">For the year ended March 31, 2024, the company has reported 5.60% rise in its net profit at Rs 4,485.90 crore as compared to Rs 4,248.20 crore for the previous year. Total income of the company increased by 7.66% at Rs 34,963.30 crore for year under review as compared to Rs 32,477.10 crore for year ended March 31, 2023.</p><p style="text-align: justify;">For the year ended March 31, 2024, on the consolidated basis, the company has reported 3.95% rise in its net profit at Rs 4,584.60 crore as compared to Rs 4,410.30 crore for the previous year. Total income of the company increased by 7.35% at Rs 36,218.90 crore for year under review as compared to Rs 33,739.90 crore for year ended March 31, 2023.</p><div style="text-align: justify;"><br></div> |
| 24-Apr-2024 | LTIMindtree informs about grant of stock options | <div>LTIMindtree has informed that the Nomination & Remuneration Committee of the Board of Directors of the Company at its meeting held today has approved grant of 9,140 stock options to the eligible employees of the Company under ‘LTIMindtree Employee Stock Options Scheme 2015'.The meeting commenced at 1:30 pm and concluded at 2:00 pm.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 24-Apr-2024 | Re-Appointment Of Mr. Nachiket Deshpande As Whole-Time Director. | Re-appointment of Mr. Nachiket Deshpande as Whole-Time Director |
| 18-Apr-2024 | LTIMindtree collaborates with Vodafone | <p style="text-align: justify;">LTIMindtree has collaborated with Vodafone, a global leader in managed Internet of Things (IoT), with over 175 million connections worldwide, supporting a wide range of business-critical applications. Through this partnership, LTIMindtree will offer connected and smart IoT solutions, powered by its Insight NXT platform (iNXT) and Vodafone's IoT Managed Connectivity, that will enable Industry X.0 and digital transformation across multiple vertical sectors.</p><p style="text-align: justify;">LTIMindtree's iNXT Business Unit brings Technical and Functional components, and together with Vodafone's IoT Managed Connectivity solutions it will deliver to solve complex business challenges. By drawing on a best in-class ecosystem of partners, LTIMindtree will empower clients to maximize their efforts across revenue acceleration through newer business models, cost efficiency and sustainability, leveraging Smart IoT and Industry X.0. LTIMindtree, enabled by Vodafone will provide solutions that deliver advance capabilities in AI, machine learning, predictive maintenance, digital twin, supply chain visibility, sustainability, energy management, worker safety, sensorization of assets, augmented reality, and virtual reality training.</p><p style="text-align: justify;">Through this partnership, LTIMindtree will design highly scalable, end-to-end solutions by leveraging the power of IoT, Metaverse, Artificial Intelligence and Machine Learning and deliver secure, connected ecosystems and outcomes over Vodafone's ‘Managed IoT Connectivity' Network.</p><p style="text-align: justify;">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.</p> |
| 18-Apr-2024 | LTIMindtree informs about earnings conference call | <p style="text-align: justify;">In continuation to earlier intimation bearing reference no. LTIM/SE/STAT/2024-25/3 dated April 5, 2024, LTIMindtree has informed that it enclosed details of the Earnings Conference Call scheduled to be held on April 24, 2024.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 18-Apr-2024 | LTIMindtree informs about press release | <p style="text-align: justify;">LTIMindtree has sent copy of the Press Release titled ‘LTIMindtree Collaborates with Vodafone to Deliver Connected, Smart IoT and Industry X.0 Solutions'</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
