LTM jumps on entering into multi-million-dollar agreement with North American company
Mumbai, October 15 (Udaipur Kiran): LTM is currently trading at Rs. 4316.00, up by 86.00 points or 2.03% from its previous closing of Rs. 4230.00 on the BSE.
The scrip opened at Rs. 4247.15 and has touched a high and low of Rs. 4355.85 and Rs. 4247.15 respectively. So far 21879 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 6430.00 on 19-Jan-2026 and a 52 week low of Rs. 3529.60 on 30-Jun-2026.
Last one week high and low of the scrip stood at Rs. 4,355.85 and Rs. 3,916.20 respectively. The current market cap of the company is Rs. 127784.47 crore.
The promoters holding in the company stood at 68.49%, while Institutions and Non-Institutions held 23.13% and 8.37% respectively.
LTM has entered into a multi-million-dollar agreement with a leading North American specialty engineering and construction company. The engagement consolidates infrastructure, cybersecurity and application administration managed services from multiple providers to the company, with an initial three-year term. As part of the agreement, the company will build an AI-led managed services operating model designed to deliver outcome-driven services, incorporating observability and automation to ensure resilient technology services.
The engagement marks a significant step in the client’s technology modernization journey, consolidating critical IT operations under a unified governance framework designed to enhance operational efficiency, improve service quality, and reduce management complexity. Leveraging its deep domain expertise and AI-centric managed services capabilities, the company will consolidate infrastructure, cybersecurity, and application services into a streamlined, outcome-driven operating model that accelerates modernization while strengthening operational resilience.
LTM (formerly LTIMindtree) – a Larsen & Toubro Group Company – is an AI-centric global technology services company and the Business Creativity partner to the world’s largest enterprises. Its capabilities span integrated operations, transformation, and business AI – enabling new ways of working, new productivity paradigms, and new roads to value.
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.
