L&T Technology Services has announced an expansion of its collaboration with Siemens Digital Industries Software (DISW), a global leader in software for collaboration and digital transformation. Building on ten years of successful collaboration, LTTS and Siemens are poised to enhance their Centre of Excellence (CoE) charter which will see the incubation of new cutting-edge technologies, benefitting sectors like automotive, aerospace, electronics, energy, healthcare and industrial machinery. Marking ten years of engineering excellence in sustainability and digital transformation, the expanded partnership will accelerate time-to-market and improve product quality for clients. By leveraging Siemens' digital technology platforms, LTTS will drive innovation through the creation of integrated digital twins for products, plants, and performance, helping clients enhance outcomes in both product and process quality. With Siemens-certified engineers possessing deep industry expertise, LTTS provides comprehensive solutions across the Siemens software portfolio. Services include design with CAD (NX), simulation via Simcenter' software (1D, FEA, CFD & Design Exploration), product lifecycle management through Siemens' Teamcenter' software for product lifecycle management (PLM), and digital twin development leveraging Tecnomatix' software. Additionally, real-time production efficiency is achieved through Siemens' Opcenter MES and Insights Hub IoT platforms. Customers further benefit from Teamcenter Quality Center, built on the robust Plan-Do-Check-Act framework. Using the Siemens low-code platform, Mendix, LTTS also creates innovative engineering and manufacturing applications, ensuring clients remain competitive and future-ready. A major feature of the expanded alliance is the establishment of a Digital Manufacturing Academy, aimed at training engineers in Siemens' core technologies. This academy, operated in collaboration with the LTTS Global Engineering Academy (GEA) and leading universities, is designed to strengthen project execution and delivery capabilities. Over 500 additional professionals will be trained on Siemens technologies, reinforcing LTTS' commitment to equipping its workforce with advanced skills required for the future of digital transformation. To further enrich collaboration, LTTS and Siemens will organize Client Workshops to ideate, showcase innovations, and demonstrate the tangible benefits of digital transformation to their customers. These 'Techday' sessions will serve as platforms for knowledge sharing and closer engagement with clients.Powered by Capital Market - Live

L&T Technology Services Ltd dropped for a fifth straight session today. The stock is quoting at Rs 5085.6, down 1.73% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.06% on the day, quoting at 23942.900390625. The Sensex is at 79220.66, down 1.2%.L&T Technology Services Ltd has lost around 1.55% in last one month.Meanwhile, Nifty IT index of which L&T Technology Services Ltd is a constituent, has increased around 7.15% in last one month and is currently quoting at 45526.85, down 1.26% on the day. The volume in the stock stood at 70582 shares today, compared to the daily average of 95164 shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 5110, down 1.56% on the day. L&T Technology Services Ltd jumped 0.75% in last one year as compared to a 13.2% rally in NIFTY and a 29.4% spurt in the Nifty IT index.The PE of the stock is 43.61 based on TTM earnings ending September 24.Powered by Capital Market - Live

L&T Technology Services has allotted 31,700 equity shares under ESOP on 15 December 2024. Powered by Capital Market - Live

The domestic equity benchmarks traded with modest gains in morning trade. The Nifty traded above the 24,500 level. PSU bank shares extended gains for the second consecutive trading session. At 10:27 IST, the barometer index, the S&P BSE Sensex rose 244.06 points or 0.30% to 81,089.81. The Nifty 50 index added 61.70 points or 0.25% to 24,518.85. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.33% and the S&P BSE Small-Cap index rallied 0.43%. The market breadth was strong. On the BSE, 2,332 shares rose and 1,269 shares fell. A total of 165 shares were unchanged. Buzzing Index: The Nifty PSU Bank index gained 1.16% to 7,058.15. The index rallied 3.79% in two consecutive trading sessions. UCO Bank (up 4.01%), Bank of India (up 3.32%), Central Bank of India (up 3.16%), Indian Overseas Bank (up 3.14%), Punjab & Sind Bank (up 2.90%), Indian Bank (up 2.34%), Canara Bank (up 1.41%), Union Bank of India (up 1.25%), Bank of Maharashtra (up 1.07%) and Bank of Baroda (up 0.65%) advanced. Stocks in Spotlight: L&T Technology Services added 0.30%. The company said that it has been selected by a leading global network solutions firm to provide product integration services in North America. Kaynes Technology India shed 0.40%. The company's subsidiary, Keynes Singapore has acquired a 54% stake in Austria-based Sensonic, which is a provider of Distributed Acoustic Sensing (DAS) solutions to monitor railway infrastructure. Epack Durable slipped 1.99%. The company incorporated wholly owned subsidiary EPACK Manufacturing Technologies. It has inform that Senior Intelligence Officer and Inspectors of Special Intelligence and Investigation Branch ('SIIB'), Office of the Commissioner of Customs (Preventive), Jaipur, had initiated a search on 02 December 2024 at the Manufacturing facility situated at Bhiwadi, Rajasthan. Powered by Capital Market - Live

The multi-year agreement, estimated at $50 million, will enable the company to provide comprehensive support for the client's advanced networking solutions, ensuring seamless integration and success for customers across the region. LTTS will leverage its capabilities in AI and automation frameworks for the project deployment and execution. The partnership combines LTTS' expertise in engineering and R&D services with the client's wireless networking solutions. Additionally, the companies aim to offer secure LTE and 5G private networks across industries, unlocking opportunities and enabling future-ready operations. The partnership will address current market demands while positioning itself for upcoming 5G advancements under 3GPP standards. Amit Chadha, CEO & managing director, L&T Technology Services, said: 'This strategic engagement represents a significant milestone for LTTS, marking our first sizable breakthrough in global markets by leveraging the deep expertise of our Smart World & Communication (SWC) division in managing communication networks. By integrating a GLOCAL services model, cutting-edge automation and AI-driven frameworks, we will deliver value and reliability to our customer. This will help us elevate our partnership with the client further.' L&T Technology Services (LTTS) is a global leader in engineering and technology services. A listed subsidiary of Larsen & Toubro (L&T), we offer design, development, testing, and sustenance services across products and processes. The company's consolidated net profit grew 1.91% to Rs 319.60 crore in Q2 FY25 as against Rs 313.60 crore in Q1 FY25. Revenue from operations was at Rs 2,572.9 crore in the September 2024 quarter, up 4.50% as against Rs 2,461.9 crore reported in the preceding quarter same year. The scrip rose 0.89% to currently trade at Rs 5361.30 on the BSE. Powered by Capital Market - Live

L&T Technology Services announced its selection by a leading global network solutions firm to provide Product Integration Services in North America, ensuring seamless deployment and support for customers across the region. The multi-year agreement, estimated at USD 50 million, will enable the company to provide comprehensive support for the client's advanced networking solutions, ensuring seamless integration and success for customers across the region. LTTS will leverage its capabilities in AI and automation frameworks for the project deployment and execution. The partnership combines LTTS' deep expertise in engineering and R&D services with the client's cutting-edge wireless networking solutions. Additionally, the companies aim to offer secure LTE and 5G private networks across industries, unlocking new opportunities and enabling future-ready operations. The partnership will address current market demands while positioning itself for upcoming 5G advancements under 3GPP standardsPowered by Capital Market - Live

L&T Technology Services Ltd is up for a fifth straight session today. The stock is quoting at Rs 5495.5, up 0.68% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.25% on the day, quoting at 24161.15. The Sensex is at 79896.82, down 0.27%. L&T Technology Services Ltd has gained around 6.71% in last one month. Meanwhile, Nifty IT index of which L&T Technology Services Ltd is a constituent, has gained around 4.08% in last one month and is currently quoting at 43618.15, up 0.71% on the day. The volume in the stock stood at 97350 shares today, compared to the daily average of 1.14 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 5493.55, up 0.55% on the day. L&T Technology Services Ltd is up 19.69% in last one year as compared to a 21.48% jump in NIFTY and a 36.77% jump in the Nifty IT index.The PE of the stock is 45.97 based on TTM earnings ending September 24.Powered by Capital Market - Live

L&T Technology Services Ltd gained for a third straight session today. The stock is quoting at Rs 5279.15, up 2.2% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.43% on the day, quoting at 23682.8. The Sensex is at 78137.76, up 1.27%. L&T Technology Services Ltd has slipped around 0.7% in last one month. Meanwhile, Nifty IT index of which L&T Technology Services Ltd is a constituent, has slipped around 0.99% in last one month and is currently quoting at 41952.8, up 1.64% on the day. The volume in the stock stood at 54502 shares today, compared to the daily average of 1.14 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 5289.75, up 2.38% on the day. L&T Technology Services Ltd is up 16.56% in last one year as compared to a 19.6% jump in NIFTY and a 31.72% jump in the Nifty IT index.The PE of the stock is 43.52 based on TTM earnings ending September 24.Powered by Capital Market - Live

L&T Technology Services announced a strategic collaboration with the Colorado Smart Cities Alliance (CSCA). This partnership aims to drive innovation and technology integration in smart city development projects across the state of Colorado. The collaboration will leverage LTTS' cutting-edge engineering expertise to advance CSCA's mission of fostering smart city solutions that improve urban living and create sustainable ecosystems. Through the collaboration of resources and expertise, both organizations aim to foster sustainable, efficient, and technologically advanced communities. LTTS stands at the forefront of smart government projects, with extensive experience in USA, India and the Middle East. The company's comprehensive IoT offerings enhance city operations, providing security solutions, citywide surveillance, and border security systems. These initiatives optimize resource utilization and promote inter-departmental collaboration, driving operational efficiency. The strategic alliance will focus on several key areas, including smart transportation, intelligent infrastructure, energy management, and data-driven city services. Through pilot projects and collaborative research, LTTS and CSCA will explore innovative solutions that tackle urban challenges and enhance the quality of life for residentsPowered by Capital Market - Live

L&T Technology Services has signed a definitive agreement to acquire Silicon Valley-based Intelliswift, to deepen its offerings across software product development, platform engineering, Digital Integration, Data and AI. Intelliswift services 4 of the Top 5 Hyperscalers and caters to over 25 Fortune 500 companies including 5 of the top 10 ER&D spenders in Software and Technology. With this acquisition, LTTS will also be able to address adjacent markets of Retail and Fintech, along with the Private Equity channel. The acquisition will enhance LTTS' AI and software capabilities in the Digital Engineering suite for global clients, through: Industry leading software product development, data & platform engineering capabilities Intelliswift's AI-led automation framework which provides end-to-end automation solutions across platforms and processes. Digital enterprise & Integration services through agile engineering and next generation technologies Powered by Capital Market - Live