L&T Technology Services Ltd (LTTSL) is a leading global pure-play (engineering research and development) ER&D Services Company. It provides ER&D services, which is defined as the set of services provided to manufacturing, technology and process engineering companies, to help them develop and build products, processes and infrastructure required to deliver products and services to the end customers.
By region, LTTSL derive 80.2% of its revenues from customers in North America and Europe, which are the two largest regions of corporate ER&D spend and represented over 73% of the US$1,007 billion corporate ER&D services spend in 2015. The top 100 spenders in the G500 ER&D spend contribute 66.3% of the G500 ER&D spend and its key global customers include 43 of the top 100 global ER&D spenders, which offers significant growth opportunities for existing customer accounts.
L and T Technology Services Ltd Issue Open: Sep 12 ? Sep 15 2016 with the Price Band: Rs. 850 - 860