India's L&T Technology up on bagging $100 mln cybersecurity contract

L&T Technology Services

15/03/2024 08:23

** Shares of L&T Technology Services  LTEH.NS  up 3% to
5,420 rupees; top pct gainer on Nifty IT Index  .NIFTYIT 
    ** The tech services provider wins $100 mln cybersecurity
program from the Maharashtra State Cyber Department to deliver
advanced cybersecurity solutions for the state
    ** Stock poised for second straight week of gains, if trends
hold 
    ** More than 212,000 shares change hands as of 1:46 p.m.
IST, 1.7x its 30-day avg. - LSEG data
    ** Stock underperforming with a 3.2% gain so far this year,
trailing the 5.2% rise in the Nifty IT index 

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))