Mumbai, November 12 (Udaipur Kiran): Shares of L&T Technology Services Ltd (LTTS) jumped over 2% on Tuesday after the company announced a strategic collaboration with Autodesk to advance AI-driven digital transformation in the process and manufacturing sectors.

The stock was trading at Rs. 4,187.80, up Rs. 84.10 or 2.05% from its previous close of Rs. 4,103.70 on the BSE. It opened at Rs. 4,131.85 and touched an intraday high of Rs. 4,200.00 and a low of Rs. 4,106.05. A total of 5,203 shares were traded on the counter during the session.

The BSE Group ‘A’ stock, with a face value of Rs. 2, currently has a market capitalisation of Rs. 44,425.48 crore. The scrip has touched a 52-week high of Rs. 5,647.35 (on February 6, 2025) and a 52-week low of Rs. 3,855.00 (on April 7, 2025). Over the past week, it has traded between Rs. 4,200.00 and Rs. 4,024.05.

Promoters hold 73.58% of the company’s shares, while institutional investors and non-institutional investors hold 18.80% and 7.61%, respectively.

As part of the new partnership, LTTS will integrate Autodesk’s digital engineering and cloud-based manufacturing solutions into its Center of Excellence (CoE) located in Vadodara, Gujarat. The CoE will serve as a regional hub for digital plant innovation, supporting enterprises in FMCG, chemicals, pharmaceuticals, automotive, and food & beverage sectors to transition toward AI-enabled, data-driven, and scalable manufacturing systems.

The initiative will combine LTTS’s AI and machine learning capabilities in asset health and scalability with Autodesk’s advanced software, cloud, and automation platforms. This collaboration aims to reduce project costs and timelines, enhance asset performance, and accelerate Industry 4.0 adoption.

The LTTS-Autodesk CoE will showcase a full BIM-to-operations lifecycle for plant engineering, covering conceptual and detailed design, commissioning, digital twin implementation, and asset performance management.

L&T Technology Services (LTTS) is a leading global pure-play Engineering Research and Development (ER&D) services provider, catering to industries such as manufacturing, transportation, healthcare, telecom, and industrial products.