Thu, May 02, 2024
Under the agreement, about 300 engineers from Forvia's Augsburg (Germany) and Bengaluru (India) sites have already been transferred to LTTS. These teams will develop internal combustion engine related activities within LTTS.
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Thu, Apr 25, 2024
For the quarter ended March 31, the engineering services company registered revenue of Rs 2,537 crore, a growth of 7 per cent (year-on-year), with a net profit of Rs 340 crore.
Fri, Mar 15, 2024
LTTS share price: As of 10:14 a.m., shares of L&T Technology traded 1.24 per cent, or Rs 65.45, higher at Rs 5330.35 apiece on the BSE. The market capitalisation of the company at around the same time stood at Rs 56,368.79 crore.
Wed, Jan 17, 2024
The stock jumped a day after the IT company posted its Q3 FY24 results, and its management reaffirmed the target to grow revenue between 17.5 and 18.5 per cent on a constant currency basis in FY24.
Mon, Nov 20, 2023
At around 10:24 a.m., shares of L&T Technologies Services traded 1.28 per cent or Rs 57.05 higher on the BSE at Rs 4510.8 apiece. The market capitalisation of the company stood at Rs 47,690.88 crore.
Fri, Jun 30, 2023
Under the agreement, L&T Technology will become a Palo Alto Networks Managed Security Services Partner (MSSP), delivering a suite of security services to end customers in industrial verticals.
Fri, Jan 13, 2023
L&T Technology Services' share price fell sharply a day after it announced to acquire the Smart World & Communication (SWC) business of its parent firm Larsen & Toubro Limited in an all-cash deal worth Rs 800 crore
Thu, Jan 05, 2023
IT Q3 Results Preview: Analyst expects sequential revenue growth to stand in the range of 0.8-3.7 per cent in constant currency terms (CC) for Tier-I companies.
Wed, Oct 19, 2022
Brokerages have maintained a ‘Sell’ rating on the L&T Technology Services and have cut the price target
Mon, Aug 29, 2022
LTTS' Near Shore Center provides engineering and R&D services for BMW Group's suite of infotainment consoles and its family of hybrid electric vehicles, it added.
Mon, Jul 18, 2022
Many brokerages are bullish on Jindal Steel and Power Limited and ICICI Prudential Life, while others are skeptical of L&T Technology Services.
Highest ever deal inflows in Q1. Demand and growth maintained across all segments. Target to maintain margin up to 18%: Amit Chadha, CEO & MD, L&T Tech. Watch Swati Khandelwal's conversation with the management of Larsen and Toubro Tech.
Thu, Apr 21, 2022
Q4 Results 2022: Many listed companies announced their March quarter results. Among them, L&T Technology Services and Rallis declared their Q4 Results 2022. Here are the key highlights
Wed, Jan 19, 2022
Shares of Tata Elxsi traded on a new 52-week high value, Alok Industries' stocks surged over 6 per cent, while L&T Technology Services declined in Wednesday's intraday trade on the BSE, a day after the companies posted q3fy22 results on Tuesday.
Thu, Jul 15, 2021
The stock zoomed 15.67 per cent to Rs 3,366.40 -- its 52-week high -- at the BSE.
Fri, Dec 18, 2020
L&T Technology Services (LTTS) has announced two large deal wins over the past week, including a US$100m, five-year deal from a US oil & gas major. More deals could follow as CLSA’s recent management interactions indicate a strong pipeline. The wins add to the steady (albeit slow) demand revival in the ER&D services market and should drive a meaningful improvement in revenue growth and margin. CLSA raised their FY22/FY23 Ebit by 8%/10% respectively. L&T Technology Services has been a minor participant in the sector rally, underperforming the Nifty IT Index by 16% over the past six months.
Fri, Oct 18, 2019
The company won 8 multi-million-dollar deals across verticals, including new digital engineering programmes for automotive, medical devices and plant engineering customers.
Tue, Jun 04, 2019
Indian stocks market, Sensex and Nifty, closed after reaching the all-time highs as strong buying demand in index pivotals triggered a sharp rally on the bourses on Monday, June 3, 3019.
Wed, Oct 19, 2016
L&T Technology Services announced on Wednesday that it has bagged a new multi-year, multi-million dollar contract with a global semi-conductor company. With this contract, the company will provide verification support on their expansive portfolio of offerings and products.
Fri, Sep 23, 2016
The company completed its three-day initial public offering on September 15.
The Indian rupee today opened lower by 3 paise at 66.69 per dollar.
Sun, Sep 11, 2016
L&T Tech IPO aims to raise Rs 894.4 crore through the offering by offloading nearly 10.2% of its equity stake to its research and development services company.
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