10 Jan 2024

LTIMindtree moves up on launching Canvas CloudXperienz

LTIMindtree is currently trading at Rs. 5930.10, up by 18.00 points or 0.30% from its previous closing of Rs. 5912.10 on the BSE.

The scrip opened at Rs. 5910.00 and has touched a high and low of Rs. 5957.90 and Rs. 5883.05 respectively. So far 3826 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 6355.00 on 27-Dec-2023 and a 52 week low of Rs. 4120.00 on 23-Jan-2023.

Last one week high and low of the scrip stood at Rs. 6015.90 and Rs. 5836.95 respectively. The current market cap of the company is Rs. 174884.47 crore.

The promoters holding in the company stood at 68.66%, while Institutions and Non-Institutions held 21.06% and 10.28% respectively.

LTIMindtree has launched its SaaS based hybrid cloud management platform Canvas CloudXperienz. The platform, powered by Artificial Intelligence for IT Operations (AIOPs), helps enterprises explore the full potential of digital transformation initiatives across their cloud management spectrum and redefine the way businesses manage and optimize their hybrid cloud infrastructure and applications; while providing unparalleled efficiency, security and scalability. Cloud-based platforms serve as the backbone of Digital Transformation leading to service integrators increasingly adopting them to improve user experience, business observability and time to market.

The LTIMindtree Canvas CloudXperienz platform provides a 360-degree observability of the business and IT environment which helps users measure the performance trends, peak and off-peak business requirements, benchmark enterprise applications, infrastructure, and cloud resources optimally. The hybrid cloud management platform, Canvas CloudXperienz, has been built by LTIMindtree with contributions from key partners ScienceLogic, ServiceNow and Delinea. With the Canvas CloudXperienz platform, LTIMindtree aims to improve the business outcomes and agility of the customers and empower them in making more environmentally conscious choices.

LTIMindtree (formerly Larsen & Toubro Infotech) is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies.