LTIMindtree shares surged to ₹5885.40, gaining 48.20 points or 0.83% from the previous close of ₹5837.20 on the BSE. The stock opened at ₹5820.05, hitting an intraday high of ₹5960.60 and a low of ₹5820.05, with 3,451 shares traded so far.

The company's stock, categorized under BSE Group 'A' with a face value of ₹1, reached a 52-week high of ₹6575.00 on September 19, 2024, and a low of ₹4518.35 on June 4, 2024. Over the past week, the scrip fluctuated between ₹6014.25 and ₹5714.00. LTIMindtree's market capitalization currently stands at ₹1,74,535.26 crore. Promoters hold a 68.60% stake, while institutional and non-institutional investors hold 22.28% and 9.12%, respectively.

The rise in share price follows the company's announcement of a strengthened strategic partnership with Nexi Group, a leading European PayTech company. This collaboration aims to enhance Nexi’s technological capabilities across its core platforms for acquiring, issuing, and e-commerce, reinforcing its position in digital payments.

As part of the partnership, LTIMindtree will utilize its advanced technical solutions to optimize Nexi's platforms for improved efficiency, innovation, and scalability. The company will also oversee Nexi's hybrid infrastructure, ensuring seamless integration between on-premise and cloud systems to support its digital transformation.

A dedicated team of over 800 experts from LTIMindtree will work from nine global delivery centers, offering 24/7 support to advance Nexi's technological goals. These centers will enhance operational efficiency while catering to regional market needs.

LTIMindtree, formerly Larsen & Toubro Infotech, specializes in technology consulting and digital solutions, helping businesses innovate, grow, and transform using cutting-edge digital technologies.