Larsen & Toubro Infotech Ltd (LTI) SHARE PRICE [LIVE]

About LTI

Today's live share price for Larsen & Toubro Infotech Ltd (LTI) is NSE: ₹ 4,892.70, BSE: ₹ 4,880.00 with a current market capitalization of .

Larsen & Toubro Infotech Limited (L&T Infotech) is a global IT services and solutions provider. It provides the winning edge to the clients by leveraging our Business-to-IT Connect and deeply committed people. L&T Infotech has global presence which includes10 software development centers at 7 locations in India and 15 international offices. Its clients include industry leaders like Chevron, Freescale, Hitachi, Sanyo and Lafarge, among others. Larsen & Toubro Infotech Limited (L&T Infotech), incorporated in 1997, is a wholly owned subsidiary of the EUR 3.3 billion technology driven engineering and construction major, Larsen& Toubro Limited. During the year 2001-2002, the company the name was changed from L&T Information Technology Limited to Larsen & Toubro Infotech Limited, and in the same year the company achieved the assessed level of SEI Level 5. The Company setup a fully functional and comprehensive Network Operations Centre (NOC) using CA Unicentre platform, which is being used at six locations and with 2000 workstations and the company developed capabilities in comprehensive billing solutions for Telcoscomprising of subscriber hierarchy management, tariff and billing engine, debtescalation engine etc., it also developed capabilities in setting up FraudManagement Control Centres (FMCC). During in the same year, the Company caters to a wide range of both discrete and process manufacturing companies. It acquired significant depth in E-Procurement & Internet based E marketplaces and integration of the same with backend Enterprise Solutions like SAP. During the year 2002-2003, the company achieved the SEI CMM Level 5 for all verticals and development centers and in the same year The Company has been successful in positioning itself for certain large outsourcing deals notwithstanding the size handicap, primarily by leveraging its parentage of the L&T Group. Also the thrust on the ERP segments vastly increased to gear up for the anticipated availability of business. During the year 2004-2005, the company acquired some key clients in ERP practices; financial services further consolidated its presence in the Manufacturing Communications and Embedded Systems space. During the year the Company registered a significant growth in Exports Revenue (61%) and USA continues to be the leading destination contributing 63% to the total software exports. During the year 2005-2006, the company launched CMMi initiative, while continuing select programmes of six-sigma implementation. The launch and Certification of PCMM 5 enables the company in vastly enhancing the capability to deal optimally with the human resources, which constitute practically the entire value-adding constituency in this industry. During the year 2006-2007, the company acquired by `GDA Technologies Inc.`, USA (GDA) for USD 27 million and in the same year the company continued to focus on the chosen verticals; Banking, Financial Services and Insurance, Energy and Petrochemicals, Product Engineering services (comprising of Communications and Embedded Software) and Manufacturing. During the year 2007-2008, the company made significant efforts for `Campus Branding` in order to attract talent from the campuses. The Company also launched its new website and other marketing collaterals which are in line with its brand message of `Business-to-IT Connect`. During the year the Company expanded its infrastructure with the addition of two new development centers, one each in Navi Mumbai and Bangalore. During the year 2008-2009, the company launched two new series lines- consulting service line and testing service line, in order to transform the company into a full service IT provider.