LTIMindtree Bags $100 Million Multi-Year Deal From A US Client; Shares Rise 1.69%

Mumbai, October 27: LTIMindtree Limited announced today that it has secured a multi-year contract. A US-based company has awarded the contract to LTIMindtree. The US company is a manufacturer of chemicals and polymers. The contract is valued at $100 million. It will include LTIMIndtree providing IT services to the US based company. The services will include, infrastructure operations, core business applications, end-user support, software asset governance, and project execution.

LTIMindtree Limited is an Indian company that is engaged in providing technology consulting and digital solutions. The company was established in 2022, and is headquartered in Mumbai, Maharashtra. The shares of the company are listed on NSE with the ticker symbol LTIM and on BSE with the code 540005.

Trusted Transformation Partner

Venu Lambu, Chief Executive Officer and Managing Director, said, “This win reinforces our position as a trusted transformation partner focused on AI-centric growth in the chemicals and energy sector. We’re committed to delivering measurable outcomes through technology, agility, and deep domain expertise.”

Ramesh Kannan, Chief Business Officer Energy & Utilities, added, “We’re honored by our client’s trust in LTIMindtree. This partnership underscores our shared commitment to building a future-ready IT ecosystem powered by innovation, efficiency, and excellence.”

Market Snapshot of the Stock Shows Rise by 1.69%

At the market close, LTIMindtree Limited share price ended higher by 1.69%, or 94 points, at ₹5,640. The shares made an intraday high of ₹5,658.50 and an intraday low of ₹5,557.50. The traded volume stood at 1.60 lakh shares, with the company’s market cap at ₹1,64,433 crore. The shares have their 52-week high at ₹6,767.95 and their 52-week low at ₹3,802.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/57ee0caf-3a22-4548-8141-d03716f7510c.pdf

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