L&T Tech up 5% on securing $80 mn digital engineering transformation deal

L&T Tech share price: L&T Technology Services (LTTS) shares rose as much as 4.54 per cent to hit an intraday high of Rs 5,355 per share on Wednesday, January 29, 2025.

The uptick in the L&T Tech share price came after the company announced that it has been awarded a multi-year $80 million deal with a US-based manufacturer of industrial products and solutions.

The strategic partnership will accelerate the client’s digital transformation through the integration of advanced technologies, including connected products and the digital thread, paving the way for greater innovation at scale, L&T Tech said, in a statement.