LTTS inks $50 million deal with energy company in sustainability segment

Mid-tier IT services company L&T Technology Services (LTTS) announced on Wednesday that it has signed a five-year, $50 million deal with an unnamed global energy company in the sustainability segment.

“As per the agreement, LTTS will provide enterprise data and digital services for the client’s affiliates globally,” the company said in a statement.

LTTS said it has a decade-long relationship with the client. The company’s shares rose around 1.5% on the deal announcement.