Company Profile

L&T Technology Services (LTTS) is planning to deliver scalable AI solutions to enterprises around the globe. LTTS is attending the NVIDIA GTC global AI conference, running March 18, 2024- March 21, 2024 to engage with customers. LTTS is committed to upskilling 1,000 engineers over the coming three years on NVIDIA software, such as NVIDIA AI Enterprise, the most efficient and reliable runtime for generative AI, which includes NVIDIA NeMo, NVIDIA NIM and more.

NVIDIA NeMo is an end-to-end platform for developing custom generative AI, including tools and microservices for customization, retrieval-augmented generation (RAG), data curation, model evaluation, and more. Part of this platform, NVIDIA NeMo Retriever is a set of microservices that enable accelerated RAG to boost the precision and reliability of generative AI models by integrating data from external sources.

The LTTS training initiative is aimed at building a formidable pool of AI specialists and practitioners. Furthermore, LTTS will implement AI solutions across various sectors, including manufacturing, automotive, and healthcare. LTTS intends to enhance customer interaction and engagement through natural language processing and speech recognition, streamlining production processes and quality control using computer vision and machine learning, and improving diagnostic and treatment outcomes through medical image analysis and natural language generation.

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

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, L&T Technology Services has sent a copy of the Press Release titled ‘L&T Technology Services Accelerates Generative AI Adoption’.

The above information is a part of company’s filings submitted to BSE. 

L&T Technology Services (LTTS) has won a first-of-its-kind program in India worth around $100 million (Rs 800 crore) from Maharashtra State Cyber Department, under the Government of Maharashtra. This initiative extends LTTS’ commitment to developing secure, digitally interconnected smart and safe cities through premier Cyber Security and Digital Forensic solutions consolidated under one umbrella.

In this pioneering initiative by the Government of Maharashtra, LTTS in consortium with KPMG Assurance and Consulting Services LLP as forensics partner will provide advanced Cyber Security Solutions for the State enhancing public safety against cyber threats. The project entails designing a sophisticated cybersecurity system and establishing a state-of-the-art, fully equipped, Cyber security and Cybercrime prevention Centre to address Cybercrime Incidents and Investigations by leveraging AI and Digital Forensic tools.

The integration of Smart World and Communication within LTTS has significantly amplified its capabilities, enabling the company to provide advanced engineering solutions for public cyber safety leveraging experience of setting up 25+ command centers. The successful execution of this project in India will pave the way for LTTS to extend these capabilities globally.

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

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, L&T Technology Services has sent a copy of the Press Release titled ‘L&T Technology Services (LTTS) Secures landmark ~$100 Million program in cybersecurity’.

L&T Technology Services is currently trading at Rs. 5287.40, up by 22.50 points or 0.43% from its previous closing of Rs. 5264.90 on the BSE.

The scrip opened at Rs. 5319.95 and has touched a high and low of Rs. 5366.95 and Rs. 5247.20 respectively. So far 1754 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5675.00 on 12-Feb-2024 and a 52 week low of Rs. 3281.05 on 29-Mar-2023.

Last one week high and low of the scrip stood at Rs. 5366.95 and Rs. 5102.05 respectively. The current market cap of the company is Rs. 55678.34 crore.

The promoters holding in the company stood at 73.75%, while Institutions and Non-Institutions held 16.96% and 9.28% respectively.

L&T Technology Services (LTTS) has won a first-of-its-kind program in India worth around $100 million (Rs 800 crore) from Maharashtra State Cyber Department, under the Government of Maharashtra. This initiative extends LTTS’ commitment to developing secure, digitally interconnected smart and safe cities through premier Cyber Security and Digital Forensic solutions consolidated under one umbrella.

In this pioneering initiative by the Government of Maharashtra, LTTS in consortium with KPMG Assurance and Consulting Services LLP as forensics partner will provide advanced Cyber Security Solutions for the State enhancing public safety against cyber threats. The project entails designing a sophisticated cybersecurity system and establishing a state-of-the-art, fully equipped, Cyber security and Cybercrime prevention Centre to address Cybercrime Incidents and Investigations by leveraging AI and Digital Forensic tools.

The integration of Smart World and Communication within LTTS has significantly amplified its capabilities, enabling the company to provide advanced engineering solutions for public cyber safety leveraging experience of setting up 25+ command centers. The successful execution of this project in India will pave the way for LTTS to extend these capabilities globally.

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