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L&T Technology Services Secures USD 50 Million Agreement in Sustainability

Story Highlights
  • L&T Technology Services secures a USD 50 million deal with a global energy leader.
  • The partnership emphasizes sustainability and digital transformation for operational excellence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
L&T Technology Services Secures USD 50 Million Agreement in Sustainability

Confident Investing Starts Here:

An announcement from L&T Technology Services Ltd. ( (IN:LTTS) ) is now available.

L&T Technology Services Ltd has secured a significant agreement valued at over USD 50 million with a leading global energy company, focusing on the Sustainability segment. This five-year partnership positions LTTS as the exclusive global engineering partner for Enterprise Data and Digital Services, emphasizing the client’s commitment to sustainability and digital transformation. The deal, which builds on a decade-long relationship, will see LTTS leverage its expertise in engineering, manufacturing services, and digital transformation to enhance the client’s operational excellence and support their digital transformation efforts.

More about L&T Technology Services Ltd.

L&T Technology Services Ltd (LTTS) is a global leader in engineering and technology services, offering design, development, testing, and sustenance services across various products and processes. As a subsidiary of Larsen & Toubro, LTTS serves a diverse clientele, including 69 Fortune 500 companies and 57 top ER&D companies across sectors such as industrial products, medical devices, transportation, telecom & hi-tech, and process industries. Headquartered in India, the company boasts over 24,250 employees, 23 global design centers, 30 global sales offices, and 108 innovation labs.

Average Trading Volume: 6,768

Current Market Cap: 464.3B INR

See more insights into LTTS stock on TipRanks’ Stock Analysis page.

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