LTIMindtree shares gain 3% after launching NextEra JV with Aramco Digital

Shares of LTIMindtree rose over 3 per cent on Thursday after partnering with a unit of Aramco to announce the launch of NextEra, an information technology (IT) services company headquartered in Saudi Arabia.

LTIMindtree’s stock rose as much as 3.48 per cent during the day to ₹5,276 per share, the biggest intraday gain since May 12 this year. The stock pared gains to trade 1.6 per cent higher at ₹5,186 apiece, compared to a 0.02 per cent advance in Nifty50 as of 10:38 AM.