Mumbai, 3 September (Kiran News): L&T Technology Services (LTTS) shares edged up on Tuesday after the company announced a strategic partnership with Silicon Valley-based SiMa.ai, a leader in Physical AI. The stock was trading at Rs. 4,209.10, up by 0.12% on the BSE.
The scrip opened at Rs. 4,246.95 and touched an intraday high and low of Rs. 4,246.95 and Rs. 4,202.95 respectively. In the last 52 weeks, the stock has hit a high of Rs. 5,820.00 (16 September 2024) and a low of Rs. 3,855.00 (7 April 2025). The current market capitalisation stands at Rs. 44,553.54 crore.
Promoters hold 73.59% of LTTS, while institutional and non-institutional investors hold 18.71% and 7.70% respectively.
The partnership aims to transform sectors like Mobility, Healthcare, Industrial Automation, and Robotics through advanced AI-driven solutions. LTTS will combine its engineering expertise with SiMa.ai’s MLSoC ONE platform and software SDK to deliver cutting-edge use cases, particularly in in-vehicle infotainment (IVI), AD/ADAS, industrial automation, and healthcare.
Both companies will jointly develop breakthrough applications to accelerate the expansion and adoption of SiMa.ai’s platform in the market.
L&T Technology Services is a global leader in engineering research and development (ER&D) services.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.