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L&T Technology Services Ltd Share Price (LTTS)

₹5277.60.74%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

L&T Technology Services Ltd share Performance

  • ₹5251.15
    ₹5403.85
    ₹5277.6
    downward going graph

    0.50%

    Low

    Day's Volatility:2.89%

    High

    2.39%

    downward going graph
  • ₹3310
    ₹5873.35
    ₹5277.6
    downward going graph

    37.28%

    Low

    52 Weeks Volatility:48.57%

    High

    11.29%

    downward going graph
1 Month Return-1.3 %
3 Month Return-1.66 %
1 Year Return54.1 %
Previous Close₹5,316.90
Open₹5,344.70
Volume1.28L
Upper Circuit-
Lower Circuit-
Market Cap₹56,228.26Cr

Analyst Rating for L&T Technology Services Ltd stock

based on 26 analysts

SELL
23.08%
Buy
15.38%
Hold
61.54%
Sell

Based on 26 analysts offering long term price targets for L&T Technology Services Ltd. An average target of ₹4921.58

Source: S&P Global Market Intelligence

Company Information

LT Technology Services Limited (LTTS), a subsidiary of Larsen Toubro Limited, is a leading global engineering research and development (ERD) services company headquartered in India, with over 16,000 employees spread across 25 global sales offices and 89 innovation labs. As of March 31, 2022, its customer base includes 69 Fortune 500 companies and 53 of the world’s top ERD companies. In 2014, LTTS acquired the Product Engineering Services (PES) business except the unit in Germany from Larsen Toubro Infotech Limited, and in 2015, it acquired the unit of PES business in Germany from LT Infotech GmbH. Following this, it also acquired 74% stake in Thales Software India Private Limited (TSIPL) and the Engineering Services division of Dell India. In 2016, the company was listed on the bourses and announced a Digital Engineering Transformation partnership with Microsoft Corporation. They secured a multi-year multimillion dollar contract from a large global semiconductor company, developed Smart City Campus solutions, completed the acquisition of Esencia Technologies, and collaborated with Wind River, an Intel Company. In 2017, LTTS inaugurated its new Center of Excellence dedicated for a leading German OEM in Munich, Germany, and established a Centre of Excellence in Jerusalem, Israel. The company won a project worth $50 million from a leading Aerospace Electronic Systems Manufacturer in 2018, and a multi-million dollar contract from Covestro in the same year. In 2019, the company acquired Bengaluru based Graphene Semiconductor Services Private Limited, and in 2020, it acquired Orchestra Technology Inc, incorporated in Texas. Finally, in 2021, Esencia Technologies Inc. was merged with LTTS LLC.

Share Price: ₹5277.60 per share as on 18 Apr, 2024 04:01 PM
Market Capitalisation: ₹56,228.26Cr as of today
Revenue: ₹2,421.80Cr as on December 2023 (Q4 23)
Net Profit: ₹336.80Cr as on December 2023 (Q4 23)
Listing date: 23 Sep, 2016
Chairperson Name: A M Naik
OrganisationL&T Technology Services Ltd
HeadquartersVadodara
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for L&T Technology Services Ltd

  • Insiders Invest ₹4.1b in L&T Technology Services - 13 Apr, 2024

    L&T Technology Services has shown impressive EPS growth of 23% compound over the past three years, with revenue growing by 14% to ₹87b. Insiders have invested ₹4.1b in the company, which should help drive long-term value in the business.

  • L&T Technology Services to Consider Financial Results and Final Dividend - 04 Apr, 2024

    The board of directors of L&T Technology Services will meet this month to consider financial results and recommend a final dividend for the fiscal year ended March 31, 2024. The company's shares have offered returns of nearly 30% in the last six months and have a market capitalization of Rs 61,707.9 crore.

  • L&T Technology Services Stock Gains Over 65% in One Year - 28 Mar, 2024

    L&T Technology Services' stock has gained 65.19% in the last one year, outperforming NIFTY and Nifty IT index. The company's compound EPS growth rate over five years was 11%, with a high P/E ratio of 45.69.

  • L&T Technology Services Focused on AI Solutions and Upskilling Engineers - 20 Mar, 2024

    L&T Technology Services is committed to delivering scalable AI solutions and upskilling 1,000 engineers on NVIDIA software over the next three years. JP Morgan has initiated coverage on the company with an overweight rating and a target price of Rs. 5,800 per share.

  • L&T Technology Services Wins Major Cybersecurity Deal - 18 Mar, 2024

    L&T Technology Services has won a $100 million cybersecurity deal from the Maharashtra State Cyber Department and saw its India market revenue grow by 33.4% YoY in Q3.

  • L&T Technology Services Secures $100 Million Cybersecurity Project - 16 Mar, 2024

    L&T Technology Services has secured a $100 million project from the Maharashtra government to establish a cybersecurity and digital threat analytics centre. The engineering services arm of infra major L&T has teamed up with KPMG Assurance and Consulting Services LLP as a forensics partner to provide advanced cyber security solutions for the state, enhancing public safety against cyber threats.

  • LTTS Wins $100 Million Contract for Cybersecurity Solutions - 15 Mar, 2024

    L&T Technology Services has won a $100 million contract from the Maharashtra State Cyber Department to establish a cybersecurity and digital threat analytics centre, design a sophisticated cybersecurity system, and set up a fully equipped cybercrime prevention centre. The project will leverage AI and digital forensic tools to tackle online threats.

Fundamentals of L&T Technology Services Ltd

Insights on L&T Technology Services Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 2.31% to 2.73% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 311.1 Cr → 336.2 Cr (in ₹), with an average increase of 3.8% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 2.34K Cr → 2.48K Cr (in ₹), with an average increase of 2.8% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Rail Vikas Nigam Ltd has given 864.1% return, outperforming this stock by 766.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Rail Vikas Nigam Ltd has given 243.9% return, outperforming this stock by 189.8%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 73.77% to 73.75% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, LTTS stock has moved down by -5.9%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 5.90% to 5.63% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 9.32% to 9.05% in Dec 2023 quarter

L&T Technology Services Ltd Valuation

L&T Technology Services Ltd in the last 5 years

  • Overview

  • Trends

Lowest (13.16x)

March 23, 2020

Industry (37.11x)

April 16, 2024

Today (43.12x)

April 16, 2024

Highest (72.07x)

November 17, 2021

LowHigh

Mutual Fund Holdings

Funds Holdings
SBI Dividend Yield Fund Direct GrowthSBI Dividend Yield Fund Direct Growth2.53%
PGIM India Midcap Opportunities Fund Direct GrowthPGIM India Midcap Opportunities Fund Direct Growth1.36%
UTI Mid Cap Fund-Growth Option- DirectUTI Mid Cap Fund-Growth Option- Direct1.26%
ICICI Prudential Technology Fund Direct Plan GrowthICICI Prudential Technology Fund Direct Plan Growth0.99%
SBI ESG Exclusionary Strategy Fund Direct GrowthSBI ESG Exclusionary Strategy Fund Direct Growth1.98%

Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
73.75%
-0.03
Foreign Institutions
5.63%
-4.47
Mutual Funds
2.73%
18.23
Retail Investors
9.05%
-2.89
Others
8.84%
1.56

Technicals of L&T Technology Services Ltd share

News & Events of L&T Technology Services Ltd

News

Bharat Petroleum to fuel aircrafts at Noida Airport, authority signs pact with BPCL!

Noida International Airport officials inked an MoU with Bharat Petroleum Corporation Limited for an ATF pipeline, guaranteeing fuel supply. The airport, set to ... Read more

17 Apr, 2024 07:33 AM

Noida International Airport and Bharat Petroleum Corporation forge green partnership with new aviation turbine fuel pipeline deal - Travel And Tour World

On February 20th, 2024, Noida International Airport (NIA) and Bharat Petroleum Corporation Limited (BPCL) inked a significant agreement.

17 Apr, 2024 04:34 PM

Noida International Airport and BPCL ink deal for eco-friendly fuel pipeline

Noida International Airport collaborates with Bharat Petroleum to lay a dedicated ATF pipeline, promoting sustainable fuel transport and reducing emissions.

18 Apr, 2024 02:46 AM
View More

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L&T Technology Services Ltd (LTTS) share price today is ₹5277.6

L&T Technology Services Ltd is listed on NSE

L&T Technology Services Ltd is listed on BSE

  • Today’s highest price of L&T Technology Services Ltd is ₹5403.85.
  • Today’s lowest price of L&T Technology Services Ltd is ₹5251.15.

PE Ratio of L&T Technology Services Ltd is 43.12

PE ratio = L&T Technology Services Ltd Market price per share / L&T Technology Services Ltd Earnings per share

Today’s traded volume of L&T Technology Services Ltd(LTTS) is 1.28L.

Today’s market capitalisation of L&T Technology Services Ltd(LTTS) is ₹56228.26Cr.

L&T Technology Services Ltd(LTTSPrice
52 Week High
₹5873.35
52 Week Low
₹3310

L&T Technology Services Ltd(LTTS) share price is ₹5277.6. It is down -10.14% from its 52 Week High price of ₹5873.35

L&T Technology Services Ltd(LTTS) share price is ₹5277.6. It is up 59.44% from its 52 Week Low price of ₹3310

L&T Technology Services Ltd(LTTSReturns
1 Day Returns
-39.3%
1 Month Returns
-1.3%
3 Month Returns
-1.66%
1 Year Returns
54.1%