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Larsen & Toubro (L&T) News
Larsen & Toubro (L&T)
Shares to buy: L&T stocks may make you rich by 19% ahead on D-Street - Consider this case
Wed, Jul 24, 2019
L&T's PAT for the quarter grew by 21.2% to 1,473 crore vis-a-vis 1,215 crore for the corresponding quarter of the previous year.
L&T Q1FY20: PAT increases by 21.2% YoY to Rs 1,473 crore, new orders worth Rs 38,000 cr won
Tue, Jul 23, 2019
A Bloomberg poll of expert had predicted L&T’s PAT to come around Rs 1,560 crore during the quarter.
L&T Construction bags orders worth Rs 2,357 crore
Thu, Dec 27, 2018
Larsen & Toubro (L&T) Thursday said its construction arm of has won orders worth Rs 2,357 crore in the domestic market. L&T's water and effluent treatment and transportation infrastructure business has secured order worth Rs 1,281 crore from Andhra Pradesh Capital Region Development Authority (APCRDA).
L&T Finance Q2 net profit jumps 66 pc to Rs 560 cr
Thu, Oct 25, 2018
L&T Finance Holdings (LTFH) Ltd Wednesday reported a rise of 66 per cent in net profit at Rs 560 crore for the second quarter ended September 2018. The company had posted a net profit of Rs 338 crore in the corresponding July-September period of 2017-18.
L&T to seek shareholders' nod to buyback shares worth up to Rs 9K cr
Fri, Aug 31, 2018
On the objective behind the buyback, the company said that L&T is currently following an asset-light business model, hence any significant investments which may utilise the cash is not envisaged.
Rs 9,000 cr: Larsen and Toubro buyback cleared, windfall for investors
Fri, Aug 24, 2018
The Board of Larsen & Toubro (L&T) on Thursday approved a proposal to buy back Rs 9,000 crore worth shares, citing cash on hand and no capital expenditure in near future.
L&T bags Rs 1,310-crore orders across verticals
Mon, Jan 15, 2018
Water & effluent treatment business secured 631-crore order from BUIDCO and KNNL
L&T's construction arm wins orders worth Rs 1926 crore; shares down ahead of Q2
Tue, Nov 22, 2016
The company received a major order from Odisha Power Transmission Corporation Ltd. (OPTCL) for operating in five circles of the WESCO utility area in Odisha. For the same, it also bagged order from Madhyanchal Vidyut Vitaran Nigam Ltd. (MVVNL), Lucknow in three tehsils of Unnao district in the state of Uttar Pradesh.
SUUTI sells 1.63% stake in L&T for Rs 2100 crore
Fri, Nov 04, 2016
Neeraj Kumar Gupta, secretary for Department of Investment and Public Asset Management, in New Delhi told reporters that the government had offered 1.5% of its stake in the company to investors but got offers for 1.63% stake.
L&T Tech debuts market with 4.6% premium
Fri, Sep 23, 2016
The company completed its three-day initial public offering on September 15.
L&T Tech to open IPO on Monday; aims to raise Rs 894 crore
Sun, Sep 11, 2016
L&T Tech IPO aims to raise Rs 894.4 crore through the offering by offloading nearly 10.2% of its equity stake to its research and development services company.
L&T targets Rs 2 lakh crore revenue by 2021
Sat, Aug 27, 2016
On July 29, the company announced its financial earnings for the quarter ended on June 30.
L&T bags contract to convert Nagpur into a 'Smart City'
Tue, Aug 16, 2016
S.N. Subramanyan, Deputy Managing Director and President of L&T said, " After Jaipur, this is the most significant step in the country’s journey towards establishing smart cities and we are delighted to be participating in transforming Nagpur in one.”
L&T's power business bags Rs 3,860 crore contract; Stock down 0.50%
Wed, Aug 03, 2016
L&T-MHPS Boilers Private Limited (LMB), the power business of Larsen and Toubro (L&T), has bagged order worth Rs 3,860 crore from from Neyveli Uttar Pradesh Power Limited (NUPPL).
L&T Construction wins orders worth Rs 1,167 crore
Mon, Aug 01, 2016
L&T Construction has bagged orders worth Rs 1,167 crore from its water and effluent treatment, metallurgical and material handling and other businesses.
L&T net profit rises by 46%; shares close down 1.2%
Fri, Jul 29, 2016
International order book constituted 29% of the total order book.
L&T Infotech's Rs 1,200-crore IPO to start on July 11
Sun, Jul 10, 2016
L&T Infotech will hit the capital markets on Monday to raise up to Rs 1,243 crore through an initial share sale offer.
This Indian company is building a football stadium for World Cup in Qatar
Mon, Jun 06, 2016
Much has been talked about the FIFA World Cup in Qatar to be held in 2022.
L&T stocks up nearly 12% after strong Q4 earnings
Thu, May 26, 2016
Opening on a positive note, the company's stock jumped 11.31% to Rs 1,436.45 on the Bombay Stock Exchange (BSE).