Introduction:
IT stock introduced TrackEi™, an AI-powered railway track inspection system utilizing NVIDIA Jetson™. This advanced solution enhances railway safety, enables real-time defect detection, supports predictive maintenance, and strengthens the company’s mobility portfolio in transforming global transportation infrastructure.
Share Price movement of L&T Technology Services:
On March 19, 2025, L&T Technology Services Limited opened at ₹4,622.55, reaching a high of ₹4,629.10, up 0.18% from its previous close of ₹4,609.40, with a low of ₹4,527.35. The stock is currently trading at ₹4,617.90, with a market cap of ₹48,893.24 Crores.
L&T Technology launched new AI product:
L&T Technology Services launched TrackEi™, an AI-powered railway track inspection system using NVIDIA Jetson™. Designed to enhance safety and predictive maintenance, TrackEi™ enables real-time defect detection, supporting LTTS’s mobility portfolio and commitment to advancing rail infrastructure globally.
TrackEi™ automates inspections at speeds over 60 miles per hour using high-resolution cameras and laser profiling. It detects defects like broken rails, cracks, and misalignments, processing data instantly while adapting continuously through deep learning algorithms for improved accuracy and reliability.
Key features include real-time alerts, predictive maintenance insights, and seamless integration with existing railway systems. TrackEi™ ensures enhanced safety, reduced emissions, and optimized fuel consumption, offering scalable edge-based architecture for efficient railway track management and operational cost savings.
Recent news About L&T Technology Services:
L&T Technology Services (LTTS) has recently secured a significant multi-year contract valued at $80 million with a U.S.-based industrial products manufacturer. This agreement underscores LTTS’s expanding footprint in the digital engineering sector.
Stock performance of L&T Technology Services for Period of 1 week, 6 months and 1 year:
L&T Technology Services stock gained 4.98% over the past week, showing short-term recovery. However, it declined by 15.8% in the last six months. Over the one-year period, the stock recorded a negative return of 11.2%, reflecting weak long-term performance.
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Shareholding pattern of L&T Technology Services:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 73.66 | 73.69 | 73.69 |
| FII | 4.19 | 4.35 | 4.46 |
| DII | 14.3 | 13.95 | 13.3 |
| Retail & others | 7.85 | 8.01 | 8.54 |
About L&T Technology Services:
L&T Technology Services Ltd (NSE:LTTS) is a leading global engineering and technology solutions company offering services in transportation, telecom, industrial products, and healthcare. It specializes in digital engineering, AI, IoT, and product development, serving clients across various industries with innovative technological solutions.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
