L&T Technology Services Ltd completes acquisition of business from L&T

L&T Technology Services Limited has completed the acquisition of substantial portion of Smart World & Communication Business of Larsen & Toubro Limited (L&T) on April 1, 2023, consequent to completion of conditions precedent as identified in the Business Transfer Agreement dated January 12, 2023 entered between the Company and L&T.

Shares of L&T Technology Services Limited was last trading in BSE at Rs. 3376.50 as compared to the previous close of Rs. 3363.55. The total number of shares traded during the day was 13723 in over 2912 trades.

The stock hit an intraday high of Rs. 3401.30 and intraday low of 3342.45. The net turnover during the day was Rs. 46389086.00.

Source : Equity Bulls

Keywords

LandTTechnologyServices INE010V01017 Acquisition SmartWorld CommunicationBusiness LandT