Larsen & Toubro Infotech Ltd. is a multinational information technology services and consulting company in India. It was incorporated in 1997 as a subsidiary of Larsen & Toubro Ltd. The company’s headquarters are in Mumbai. For the quarter ended June 2022, the company’s total income was Rs 4,666.90 crore, up 5.21% from the previous quarter ended March 2022. On 5 August 2022, the company’s market capitalisation stood at Rs HYPERLINK
"https://www.moneycontrol.com/india/stockpricequote/computers-software/larsentoubroinfotech/LI12" 86,353 crore.
The company is listed on the Bombay Stock Exchange with the code 540005. Its National Stock Exchange’s listing code is LTI.
Larsen & Toubro Infotech Ltd. offers various services, such as application development and maintenance, package implementation and support, managed services, engineering services, data warehousing and business intelligence, enterprise application integration, embedding intelligence services, and strategy consulting. It serves the industries of insurance, energy, banking and financial services, life sciences, healthcare, media and entertainment, manufacturing, utilities, Hi-Tech, CPG and retail.
On 30 June 2022, the company’s shareholding pattern indicated a 74.03% promoter stake, 8.42% foreign institutional investor stake, 8.14% domestic institutional investor stake, and 9.41% public stake. The company also had a total of 17.53 crores shares outstanding. During FY 2021-2022, Larsen & Toubro Infotech Ltd.’s total revenue was Rs HYPERLINK "https://economictimes.indiatimes.com/larsen-toubro-infotech-ltd/stocks/companyid-3318.cms" 16,135.40 crore.
The company’s founder chairman is Mr A M Naik. The other board members include Mr S N Subrahmanyan, Mr Nachiket Deshpande, Mrs Aruna Sundarajan, Mr Rajnish Kumar, Mr James Abraham, Mr Sanjeev Aga, Mr R Shankar Raman, Mr Sudhir Chaturvedi, and Mr Vinayak Chatterjee, among otheRs The auditors are B K Khare & Co.
On 5 August 2022, Larsen & Toubro Infotech Ltd.’s share price on BSE closed at Rs 4,923.15. Its share price on NSE closed at Rs 4,925.35. The 52-week high for Larsen & Toubro Infotech Ltd.’s share price was Rs 7,588.80, and the 52-week low share price was Rs 3,733.30.
As of July 2022, LIC MF Debt Hybrid Fund had a 1.17% stake in Larsen & Toubro Infotech Ltd. LIC MF Arbitrage Fund had a 0.98% stake, while LIC MF Nifty 100 ETF had a 0.24% stake.
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