L&T Technology Services Ltd share Price

L&T Technology Services (LTTS) is an engineering services company with a market capitalization of INR 40,173.80 Crores as of 18th August ‘2021. On 14th June ‘2021, this company was incorporated as L&T Technology and Engineering Services Company Limited as a public limited company. Further, it had been changed to L&T Technology Services Limited to more appropriately describe its business and obtain it in line with the company’s main objects. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned the number 540115 and scrip code LTTS. As of 16th August ‘2021, L&T Technology Services (LTTS) is trading at INR 3,675.05.

L&T Technology Services Limited provides engineering, research, and development (ER&D) services, including product design, analysis, prototyping and testing, embedded system design, manufacturing engineering, plant, and construction engineering, asset information management, and engineering process support. The company has 50 locations in India where business activity is undertaken. It also has 31 international locations for carrying on business activity. As of 31st March 2021, the company has 40,527 employees, out of which 3,149 are women employees. There are approx. 320,299 contractual employees in the company. In 2020, L&T Technology Services (LTTS) had been conferred with Business Standard Social Excellence Award 2019, FICCI Corporate Social Responsibility Award, etc. L&T is one among the first few organizations in India to voluntarily set targets aligned with the company’s 5-year Strategic Plan LAKSHYA 2021. LTTS lives and breathes engineering with 719 patents filed for 57 of the Global Top 100 ER&D spenders.

As of 30th June ‘2021, the company has a total of 10.50 Crores shares outstanding. For the quarter ended 30th June ‘2021, the company has reported a Consolidated Total Revenue of INR 1562 Crores, up 5.90 % from last quarter’s Total Income of INR 1440 Crores. In addition, the company has reported net profit after tax of INR 217 Crores for the quarter ended 30th June ‘2021 from INR 195 Crores of last quarter, which shows an increment of 11.28%. L&T Technology Services Limited's stock closed at 3675.05 on 16th August ‘2021 (NSE) and has returned 131.86% (approx.) in the last 12 months.