LTI opens delivery center in Johannesburg

Larsen & Toubro InfoTech inaugurated latest global delivery center in Johannesburg. The 30,000+ sq. ft. state-of-the-art center with a capacity of 250 seats will help the company expand its operations in South Africa across all sectors.

The center will provide an agile environment to create and deliver cutting-edge digital solutions for clients in the areas of Big Data, Cloud, SaaS, IoT and Digital Transformation. Customers will also experience the convergence of physical and digital world at the latest Mosaic Experience Center coming up at this location. The center features a 24x7 Command Center to monitor and support infrastructure, network and security of customer operations.

Larsen & Toubro InfoTech is involved in the business of software programming, consultancy and related activities. The promoters holding in the company stood at 82.96 per cent, while Institutions and Non-Institutions held 9.11 and 7.93 per cent, respectively.

On Wednesday, the stock has opened at Rs. 1,638.40 per share touching an intraday high/low of Rs.1652.75/Rs.1636.60 and at 12:02 hours, the stock was quoting at Rs. 1,647 per share.