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L&T Finance share price to give 8 pct return by July 25, experts suggest 'sell on rise'
Thu, Jul 11, 2019
L&T Finance shares price as per daily timeframe chart is moving in a larger negative sequence of lower tops and bottoms over the last few months.
Budget 2019: Top 5 shares to buy before Nirmala Sitharaman tables Modi 2.0's 1st budget - What Karvy suggests
Fri, Jul 05, 2019
As per the Karvy Stock Broking stock market investors can think of buying the following stocks — Larsen & Toubro, Mahindra and Mahindra, KRBL, KEC International and MOIL.
L&T acquires over 60 pct shares in Mindtree; open offer over-subscribed
Thu, Jun 27, 2019
L&T has acquired over 60 per cent of the Mindtree shares after its open offer to buy 31 per cent of the mid-sized IT company's shares.
SEBI may overhaul mutual fund regulations at next board
Wed, Jun 26, 2019
The Securities and Exchange Board of India (SEBI) has convened a board meeting on June 27 to consider an overhaul in the mutual fund industry regulations, and guidelines on DVR shares with superior voting rights, among other things.
Mindtree says L&T's open offer price at Rs 980/share fair, reasonable
Wed, Jun 12, 2019
Independent Directors' panel of Mindtree has said that Larsen and Toubro's open offer price at Rs 980/share appears "fair and reasonable".
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.
Sensex closes above 40,000 for first time, Nifty too ends at record closing high
Mon, Jun 03, 2019
Sensex closed above 40,000 for the first time today, while the Nifty ended the day at record high of 12,103. Sensex closed 553 points higher at 40,267 level. Nifty50 has made an intraday high as well as new high of 12,103 after crossing the earlier high of 12,041.5, whereas Sensex hit all time high of 40,308.
ICC World Cup 2019 Stock: Is this share Hardik Pandya of Stock Market?
Thu, May 30, 2019
Like Hardik Pandya, L&T has diversified presence in the market and has a very high strike rate in terms of order book and the share is hot favourite among FPIs.
Heavy selling drags Sensex 487 pts, Nifty ends around 11,360
Wed, May 08, 2019
Benchmark indices finished near day's low on Wednesday amid weak global cues. The Sensex has closed below 38,000, while Nifty also break below 11,350 during intraday. At close, the Sensex was down 487.50 points at 37789.13, while Nifty was down 138.40 points at 11359.50. About 685 shares have advanced, 1778 shares declined, and 148 shares are unchanged.
Late selling drags Sensex 324 pts, Nifty ends a tad below 11,500
Tue, May 07, 2019
The late selling pulled Nifty50 below its crucial support of 11,500, dragged by Reliance Industries, ICICI Bank, ITC, IOC and Tata Motors which fell 2-4 percent. The BSE Sensex closed at 38,276.63, down 323.71 points and Nifty50 fell 100.35 points to 11,497.90. However, Infosys, HUL, L&T, Wipro, ONGC and Titan Company bucked the trend, rising 1-2 percent.
Job alert: L&T software arm LTI to hire 3,800 freshers!
Sun, May 05, 2019
Asked whether the necessary talent is available on call, especially given the fact that a lot many companies are depending on the just-in time hiring model, Jalona said talent is the biggest issue which keeps him awake and the concerns have only aggravated lately.
Private firms initiates 'Take leave, cast vote' for their employees for LS polls
Wed, Apr 17, 2019
Various private firms like SBI insurance, L&T, Edelwis Tokyo initiated a major step towards building democracy more flexible. Firms grants leave to employees on voting day to cast maximum amount of votes. Watch video to know more.
Mindtree board evaluating several options to stave off L&T hostile bid, says Natarajan
Fri, Mar 29, 2019
L&T has acquired Cafe Coffee Day owner V G Siddhartha's 20.32 per cent stake in Mindtree and has also placed an order with brokers to pick up another 15 per cent shares from the open market. Besides, an open offer has been made to buy over 5.13 crore or around 31 per cent stake for Rs 5,030 crore.
Mindtree not to buy back shares after L&T open offer
Wed, Mar 27, 2019
Global software major Mindtree on Tuesday decided not to proceed with its proposal to buy back its shares after infrastructure major Larson and Toubro (L&T) made an open offer to acquire 31 per cent of equity capital for Rs 3,050 crore.
Mindtree promoter resists, L&T stays firm for takeover: Here’s where stocks are headed
Tue, Mar 26, 2019
Together they translate an acquisition of 66.3% stake by L&T in Mindtree. Overall, the cost of acquisition for L&T is seen to be at Rs 10,733 crore.
Be a bull! Get 30% returns in 3 months - This stock may become a money magnet for your investment kitty
Fri, Mar 22, 2019
Experts are of the opinion that due to the inevitable L&T and MindTree merger, L&T Infotech stocks may show Rs 2,160 — 30% above current levels — in two to three month time.
MindTree row: After L&T's deal with CCD owner, let's look at hostile takeovers of India Inc - From Escorts to DCM, key accounts
Wed, Mar 20, 2019
L&T has bought the CCD owner VG Siddhartha's 20.4 per cent shares in the services firm MindTree. The deal has been inked at Rs 981 per shares that is worth Rs 3,300 crore.
Mindtree finds 'some irregularities' in Coffee Day promoter V G Siddhartha's disclosures
Wed, Mar 20, 2019
IT company Mindtree Tuesday said it had found certain irregularities in disclosures made by Coffee Day promoter V G Siddhartha, who sold stake in the company to L&T, and had taken action against him as per the law, according to a top official of the Bengaluru-based IT firm.
Mindtree takeover not hostile, but an act of love: Larsen & Toubro
Tue, Mar 19, 2019
L&T bought 20.4 per cent stake in Mindtree from Cafe Coffee Day founder V.G. Siddartha for about Rs 3,300 crore and expressed its intent to buy additional stake in the Bengaluru-based midcap company through an open offer.