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Larsen & Toubro News
Larsen & Toubro
L&T Technology Services share price: Sharekhan maintains Buy rating with a price target of Rs 3100
Mon, Mar 29, 2021
L&T Technology Services’ management is confident of delivering strong revenue growth going ahead, given rising spends on digital engineering, prudent client mining strategy, broader vertical mix, internal change in portfolio mix, aggressive strategy to participate in customers’ cost take-out initiatives, and increased outsourcing activities. L&T Technology Services has been strengthening its capabilities in digital technologies across all its verticals to capture the opportunities.
Larsen & Toubro - Strong beneficiary of a capex pickup; reiterating a Buy with target price of Rs 1763
Mon, Mar 22, 2021
Anand Rathi is upbeat about L&T as one of the key beneficiaries of infra-structure development for 90% of the addressable opportunity in the government’s Rs 102 trn planned investment over FY20-25 under the flagship NIP. Anand Rathi expects hydrocarbon capex in the Middle East to revive because of rising crude-oil prices. L&T Management is firm about restructuring non-core assets such as the Hyderabad metro-rail, power projects and road assets, which have been impacting return ratios.
Larsen and Toubro share price today: Sharekhan maintains Buy rating with price target of Rs 1795
Tue, Feb 23, 2021
Larsen and Toubro remains at the forefront to reap benefits from the recently-announced Budget 2021, with the government’s focus on reviving infrastructure spends and promoting domestic manufacturing. Apart from a higher allocation, focus has been to promote domestic manufacturing and efforts to ensure additional funding avenues for infrastructure.
Larsen & Toubro wins significant contracts
Fri, Jan 01, 2021
Larsen & Toubro (L&T) on Friday said its construction arm has won significant contracts in domestic and overseas markets.
Larsen and Toubro Q2 Result First Cut: No positive surprises anywhere; Rs 18 special dividend announced
Wed, Oct 28, 2020
Larsen and Toubro announced Rs 18 of special dividend ( 1.8% yield) and is at the lower end of the market expectations.
'Need reforms in land acquisition, skill building for Aatmanirbhar Bharat'
Mon, Jul 27, 2020
"To ensure that the PMa¿s thrust on self-dependence achieves the desired outcomes swiftly, it is essential for the government to introduce much-needed reforms in several areas including land acquisition, competency and skill building. In tandem, the administration would do well to streamline processes and accelerate the pace of decision making," Naik said.
Forbes' World's Best Regarded Companies: These Indian companies are on the coveted list
Tue, Sep 24, 2019
Other Indian companies who managed to hold the position in the list includes Tata Steel (105), Larsen & Toubro (115), Mahindra & Mahindra (117), HDFC (135), Bajaj Finserv (143), Piramal Enterprises (149), Steel Authority of India (153), HCL Technologies (155), Hindalco Industries (157), Wipro (168), HDFC Bank (204), Sun Pharma Industries (217), General Insurance Corporation Of India (224), ITC (231) and Asian Paints (248).
Stocks in Focus on September 3: Biocon, KNR Construction to JK Tyre; here are the 5 Newsmakers of the Day
Tue, Sep 03, 2019
Certain stocks came in news after the market was closed on Friday and can have an impact on the market when it reopens today after three days break.
L&T Construction bags contract for Navi Mumbai Airport
Sun, Sep 01, 2019
L&T Construction received engineering, procurement and construction contract for the Greenfield Navi Mumbai International Airport from GVK’s step down subsidiary Navi Mumbai International Airport Private Limited (NMIAPL).
Larsen & Toubro shares to give 24% returns in one year; buy now, say stock market experts
Thu, Jul 25, 2019
L&T share price is expected to grow around 24 per cent in one year and can show Rs 1,720 per stock levels, say stock market experts.
Stock market tip: Which shares to buy? Check call on these 5 scrips
Wed, Jul 24, 2019
YES Securities retained L&T's FY20 revenue growth and order inflow guidance at 12-15 percent and 10-12 percent, respectively.
L&T Finance Holdings has Rs1,800-cr in IL&FS through SPVs: Dinanath Dubhashi, Managing Director & CEO
Wed, Jul 24, 2019
L&T Finance Holdings Gross Stage 3 has declined Year-on-Year and stands at 5.7% at present and the Net stage 3 is below 2.5%, says Dinanath Dubhashi, Managing Director & CEO, L&T Finance Holdings Ltd.
India manufactures world's largest high-vacuum pressure chamber - cryostat
Tue, Jul 23, 2019
Weighing 3,850 tonnes, the cryostat base manufactured by the Indian company Larsen & Toubro (L&T) Ltd in its industrial facilities in Hazira in Gujarat is the largest vacuum vessel ever built out of stainless steel.
Mindtree share price: Top 5 reasons for the crash of Larsen & Toubro owned tech major
Thu, Jul 18, 2019
Mindtree share price: Uncertainty in business and management is one of the major reasons for the current weakness in the IT counter.
Mindtree share price: Stock market experts slap 'sell on rise' tag on L&T owned IT company
Thu, Jul 18, 2019
Mindtree share price has crashed because there is no clarity from L&T after taking over the IT company, say experts after slapping a 'sell on rise' tag.
Budget 2019: Infra stocks to remain in focus - Here's what you should know
Fri, Jul 05, 2019
ICICI Bank analyst in a note said, " We expect the Government to continue its infrastructure creation effort by way of roads, railways, ports, inland waterways etc."
Larsen & Toubro gains control with over 51% stake IT firm Mindtree
Wed, Jun 26, 2019
Larsen and Toubro Ltd (L&T) has acquired majority stake, 51 per cent, in Mindtree Ltd on Wednesday. One of the largest engineering and construction companies in India, L&T has gained control of the Bengaluru-based information technology services (IT) firm Mindtree after weeks of tussle with the current management.
This is what Larsen and Toubro set to get at Mindtree: Points in brief
Thu, Jun 20, 2019
The row between construction major Larsen and Toubro (L&T) and IT major Mindtree is no longer hitting the headlines on a daily basis, but there is hectic activity on behind the scenes.
L&T Construction bags large orders across various business segments
Mon, Jun 10, 2019
Another engineering, procurement and construction (EPC) order was bagged from the Rajkot Smart City Ltd for design and construction of roads, drains, culverts, bridges, water supply, sewerage, street lighting and utility duct in the smart city area in Rajkot, Gujarat.
ICC ODI World Cup 2019: Ahead of India vs South Africa, here's a look at two stocks that are opening batsmen of D-Street
Wed, Jun 05, 2019
In chronological order, for any cricket match, it would be opening batsman that sets the pace for other players for the entire match.