L&T Technology Services (LTTS) Share Price Falls 2.02% Today
- September 2, 2026
- Posted by: Harsh Piplani
- Category: News
L&T Technology Services Share Price fell to Rs 3,513.40 on 02 September 2026, down 2.02% or Rs 72.50 from the previous close of Rs 3,585.90. The stock opened at Rs 3,573.25, touched the same level as the day’s high, and later slipped to an intraday low of Rs 3,495. At the time of this update, the company’s market capitalisation stood at Rs 38,443.56 crore.
The supplied market data confirms the decline but does not establish a company-specific reason for the move. Even so, the stock is drawing attention because it sits in the Large Cap bucket within the IT – Software industry, where valuation and profitability are usually assessed closely against listed peers. Today’s price action therefore matters not only as a trading development, but also as a prompt to compare the company’s current multiples and return ratios with industry benchmarks.
For investors tracking L&T Technology Services Share Price, the immediate questions are straightforward: how weak was the intraday session, does the stock still trade at a premium to the sector, and do its fundamentals support that premium? The sections below use only the supplied price, valuation, profitability and peer data to place today’s move in context.
L&T Technology Services (LTTS) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 3,513.4 |
| Previous Close | Rs 3,585.9 |
| Today's Move | -Rs 72.50 (-2.02%) |
| Open | Rs 3,573.25 |
| High | Rs 3,573.25 |
| Low | Rs 3,495 |
| Turnover | Rs 0.77 crore |
| Market Capitalisation | Rs 38,443.56 crore |
| Market Cap Category | Large Cap |
L&T Technology Services Share Price Today reflects a session that stayed under pressure from the open. Since the opening price of Rs 3,573.25 also matched the day’s high, the stock never moved above its first recorded level in the supplied data. It later touched Rs 3,495 and was trading at Rs 3,513.40 at the time of publication.
That pattern suggests weak intraday momentum. The absolute decline of Rs 72.50 is meaningful for a Large Cap company, while the range between Rs 3,573.25 and Rs 3,495 shows sellers retained control after the opening trade. Turnover of Rs 0.77 crore provides an activity reference, though the data set does not support any stronger conclusion about the reason for the move.
Technical context is but still useful. The RSI is 55.31, the 50-day moving average is Rs 3,554.95, and the 200-day moving average is Rs 3,603.31. With the current price at Rs 3,513.40, the stock is below both the 50 DMA and 200 DMA in the supplied snapshot.
L&T Technology Services (LTTS) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 38,443.56 crore |
| P/E Ratio | 28.82x |
| P/B Ratio | 5.62x |
| ROE | 19.84% |
| ROCE | 27.7% |
| EPS | Rs 124.44 |
| Book Value Per Share | Rs 637.64 |
| Dividend Yield | 1.62% |
L&T Technology Services Fundamental Analysis shows a business with strong return ratios and relatively full valuation multiples. The company trades at 28.82 times earnings and 5.62 times book value. EPS stands at Rs 124.44, book value per share at Rs 637.64, and dividend yield at 1.62%.
Profitability remains a notable support in the numbers. ROE is 19.84% and ROCE is 27.7%, indicating solid returns on equity and capital employed. In other words, today’s decline is happening in a stock that is not a low-multiple value play; it is a higher-quality software name where the market appears willing to pay above-average multiples for stronger operating efficiency.
This matters because premium valuation often brings greater sensitivity to changes in sentiment. When a stock is already priced above many peers on P/E or P/B, a down day can draw added scrutiny even without a verified company-level trigger. That is one reason L&T Technology Services Share Price is being watched closely today.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | IT |
| Industry | IT – Software |
| Benchmark Scope | same industry |
| Company P/E Ratio | 28.82x |
| Benchmark Median P/E | 24.18x |
| Benchmark Average P/E | 51.88x |
| Benchmark P/E Range | 0x to 1,088.33x |
| Company P/B Ratio | 5.62x |
| Benchmark Median P/B | 2.15x |
| Benchmark Average P/B | 4.82x |
| Company ROE | 19.84% |
| Benchmark Median ROE | 11.55% |
| Benchmark Average ROE | 8.89% |
| Company ROCE | 27.7% |
| Benchmark Median ROCE | 13.44% |
| Benchmark Average ROCE | 15.4% |
| Company Market Capitalisation | Rs 38,443.56 crore |
| Benchmark Median Market Cap | Rs 233.89 crore |
| Benchmark Average Market Cap | Rs 12,682.07 crore |
The company belongs to the IT sector and IT – Software industry, where the same-industry benchmark covers 231 companies. On valuation, the business trades above the industry median: its P/E of 28.82 is higher than the median 24.18, and its P/B of 5.62 is above the median 2.15 and the average 4.82. The P/E is still below the industry average of 51.88, but that average sits in a wide range that runs from 0 to 1,088.33.
Profitability looks much stronger than the broader benchmark. ROE of 19.84% is above the industry median of 11.55% and average of 8.89%, while ROCE of 27.7% is ahead of the median 13.44% and average 15.4%. That mix suggests investors are paying a valuation premium for a company that has, at least on supplied data, delivered return metrics above much of the industry.
Scale is another part of the picture. At Rs 38,443.56 crore, the company’s market capitalisation is far above the benchmark median of Rs 233.89 crore and the average of Rs 12,682.07 crore. So while it is not among the very largest software names, it is substantially larger than the typical company in the industry set.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Tata Consultancy Services | TCS | 8,55,315.89 | 17.19 | 7.09 | 49.11 | 66.25 |
| Infosys | INFY | 4,57,180.18 | 15.46 | 4.73 | 31.68 | 42.84 |
| HCL Technologies | HCLTECH | 3,55,218.76 | 21.04 | 4.63 | 23.13 | 31.2 |
| Wipro | WIPRO | 1,80,457.36 | 13.59 | 2.38 | 15.71 | 18.49 |
| Tech Mahindra | TECHM | 1,59,291.34 | 31.22 | 5.19 | 17 | 23.04 |
Against the supplied peer set, the stock sits in the middle rather than at an extreme. Its P/E of 28.82 is above TCS, Infosys, HCL Technologies and Wipro, but below Tech Mahindra. Its P/B of 5.62 is lower than TCS at 7.09, yet above Infosys, HCL Technologies, Wipro and Tech Mahindra.
On profitability, the company’s ROE of 19.84% and ROCE of 27.7% are ahead of Wipro and Tech Mahindra, but below TCS, Infosys and HCL Technologies. That means the company shows respectable returns, though not the highest in this large-peer comparison.
Scale is where the gap is wider. With a market cap of Rs 38,443.56 crore, it is much smaller than TCS, Infosys, HCL Technologies, Wipro and Tech Mahindra in the supplied list. This combination of smaller size, healthy returns and relatively firm valuation helps explain why a down day can quickly bring peer comparisons back into focus.
Why Investors Are Watching L&T Technology Services
- The stock fell 2.02% today, from Rs 3,585.90 to Rs 3,513.40.
- The opening price of Rs 3,573.25 also marked the day’s high, indicating weak intraday recovery.
- The current price is below both the 50 DMA of Rs 3,554.95 and the 200 DMA of Rs 3,603.31 in the supplied data.
- P/E of 28.82 and P/B of 5.62 keep valuation in focus.
- ROE of 19.84% and ROCE of 27.7% remain above industry medians.
About L&T Technology Services
L&T Technology Services operates in the IT sector and is classified under the IT – Software industry. Based on the supplied figures, it is a Large Cap listed technology company with market capitalisation of Rs 38,443.56 crore. Its data profile points to a business with strong profitability metrics and above-median valuation, which is why L&T Technology Services Share Price often attracts attention when a notable single-session decline appears.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did L&T Technology Services Share Price fall today?
Ans. L&T Technology Services Share Price fell 2.02% today to Rs 3,513.40, down Rs 72.50 from Rs 3,585.90. The supplied data confirms the decline and intraday weakness, but it does not identify a company-specific catalyst.
What is L&T Technology Services Share Price Today?
Ans. The stock was at Rs 3,513.40 at the time of the update. It opened at Rs 3,573.25, touched a low of Rs 3,495, and remained below the previous close during the session.
How much market capitalisation does L&T Technology Services have?
Ans. L&T Technology Services has a market capitalisation of Rs 38,443.56 crore and is categorised as a Large Cap company. The company operates in the IT sector. Its P/E ratio is 28.82x.
Is L&T Technology Services expensive compared with its industry?
Ans. Its P/E of 28.82 is above the industry median of 24.18, and its P/B of 5.62 is above the industry median of 2.15. That indicates a valuation premium versus the benchmark median.
How does it compare with major IT peers?
Ans. Its P/E is above TCS, Infosys, HCL Technologies and Wipro, but below Tech Mahindra. Its ROE and ROCE are ahead of Wipro and Tech Mahindra, though below TCS, Infosys and HCL Technologies on the supplied figures.
Which sector and industry does the company belong to?
Ans. L&T Technology Services belongs to the IT sector and the IT – Software industry. The same-industry benchmark used here covers 231 companies. The stock belongs to the IT sector. Its industry classification is IT – Software.
