LTIMindtree Ltd Share Price – NSE  / BSE

IT - Software, Mid Cap

LTIMindtree  has announced the launch of its Cyber Defense Resiliency Center (CDRC) in Bengaluru, India. With this launch, LTIMindtree will offer its global clients support and protection capabilities for the cyber threat lifecycle, using artificial intelligence (AI), specifically generative AI (GenAI), and help build resilient enterprises.

According to a cybersecurity briefer report by USAID, cybercrime is expected to grow over the coming years globally, with projections as high as $23.84 trillion by 2027. Moreover, India experienced nearly 600 cases of cyberattacks in the first half of 2024, with the education, government and technology sectors emerging as primary targets. Clearly, there is a need to embrace cybersecurity measures to protect precious resources.

In line with LTIMindtree's focus on AI in Everything, Everything for AI and AI for Everyone. CDRC will follow an AI-driven customer-centric approach to creating cybersecurity solutions that help the clients build resilient enterprises. It is designed to be a cyber defense hub for global clients and will use AI to automate and improve security operations to manage threat detection, incident response and resource allocation. It will offer platform-based enterprise cybersecurity solutions that are proactive, prescriptive and cognitively autonomous. The CDRC will provide predictive analytics and predict possible dangers, leveraging natural language processing and interpreting data from various sources to identify threats. This in turn will help clients reduce risks, improve efficiency and focus on their core business.

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LTIMindtree has announced a strategic partnership with GitHub, the most widely adopted Copilot-powered developer platform. This collaboration integrates GitHub's advanced DevOps and AI-driven pair programming capabilities with LTIMindtree's expertise in digital engineering and AI transformation, creating a powerful ecosystem to drive enterprise innovation at scale.

As IT complexities increase, the demand for strong software quality, security, and speed becomes more critical. While Generative AI holds immense potential, many organizations are struggling to fully capitalize on it for software development. Recognizing this challenge, LTIMindtree is dedicated to driving agile transformation by integrating Generative AI into the software delivery process through shift-left, shift-right, and shift-down practices.

The LTIMindtree-GitHub partnership will supercharge organizations by scaling AI-enabled capabilities and reimagining the software development lifecycle. By leveraging LTIMindtree's expertise in delivering digital programs and GitHub's robust Copilot-powered platform, this collaboration will streamline development processes and deliver AI-powered developer solutions tailored to enterprise needs. Developers will benefit from enhanced collaboration tools, automated workflows, and reduced manual effort, enabling faster time-to-market and improved software quality. Additionally, the GitHub ecosystem will enhance productivity by providing early access to innovative tools and fostering co-innovation.

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LTIMindtree has allotted 101,628 equity shares under ESOS to the LTIMindtree Employee Welfare Trust.

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LTIMindtree Ltd rose for a fifth straight session today. The stock is quoting at Rs 6588, up 3.11% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.26% on the day, quoting at 24554.85. The Sensex is at 81341.22, down 0.21%. LTIMindtree Ltd has added around 10.27% in last one month.

Meanwhile, Nifty IT index of which LTIMindtree Ltd is a constituent, has added around 6.07% in last one month and is currently quoting at 44832, up 0.77% on the day. The volume in the stock stood at 4.31 lakh shares today, compared to the daily average of 2.29 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 6590, up 2.67% on the day. LTIMindtree Ltd is up 14.16% in last one year as compared to a 16.94% gain in NIFTY and a 34.8% gain in the Nifty IT index.

The PE of the stock is 41.51 based on TTM earnings ending September 24.

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