L&T Technology Services is currently trading at Rs. 5270.60, up by 16.50 points or 0.31% from its previous closing of Rs. 5254.10 on the BSE.

The scrip opened at Rs. 5254.00 and has touched a high and low of Rs. 5277.20 and Rs. 5234.55 respectively. So far 156 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5675.00 on 12-Feb-2024 and a 52 week low of Rs. 3281.05 on 29-Mar-2023.

Last one week high and low of the scrip stood at Rs. 5413.55 and Rs. 5233.25 respectively. The current market cap of the company is Rs. 55562.44 crore.

The promoters holding in the company stood at 73.75%, while Institutions and Non-Institutions held 16.96% and 9.28% respectively.

L&T Technology Services has collaborated with Intel Corporation aimed at developing and providing scalable edge-AI solutions for a range of use cases, including Cellular Vehicle-to-Everything (CV2X) applications. LTTS' expertise in the domains of connected vehicles and smart transportation systems has been pivotal in the development and implementation of advanced communication technologies like telematics, ADAS and C2VX. By harnessing Intel’s Edge Platform, including built-in AI runtime the with OpenVINO inference for real-time AI inferencing optimization, LTTS will empower on-premises and hybrid AI scenarios for traffic management and emergency safety in smart cities and transportation. 

These scenarios typically demand advanced networking and AI analytics at the edge, meeting stringent real-world needs with low latency, locality, and cost requirements. This collaboration underscores LTTS' commitment to push the envelope in smart cities and road infrastructure, facilitating and laying the groundwork for enabling intelligent transportation systems.

L&T Technology Services is a listed subsidiary of Larsen & Toubro focused on Engineering and R&D (ER&D) services.