Page 6 - L&t

L&T Q1 Results: Consolidated net profit soars 287% YoY to Rs 1,174 cr

The consolidated order book of the group was at Rs 3.23 trillion as on June 30, 2021, with international orders at 20% of the total order book

Sensex falls 123 pts as investors book profit in RIL, banks, auto stocks

The broader markets, however, outperformed the frontline indices with the BSE MidCap and SmallCap indices adding 0.06 per cent and 0.34 per cent, respectively.

L&T Q1 Preview: Net profit may slide up to 60% QoQ, say analysts

Here's what leading brokerages expect from the infra major's Q1 results

Here is a Bull Spread strategy on L&T by HDFC Securities

The stock price has broken out on the daily chart with higher volumes where it closed at all-time high levels

L&T hits new high on winning significant contracts for various businesses

L&T Construction, the construction arm of L&T, has won a slew of orders in India and abroad for its various businesses

Larsen & Toubro rallies 15% in a month, nears record high

L&T was up 2 per cent at Rs 1,538 on the BSE, trading close to its all-time high level of Rs 1,593 touched on February 2, 2021

Stocks to watch: Bharti Airtel, L&T, Cipla, Geojit Financial, Hero MotoCorp

Punjab National Bank (PNB) on Saturday said it has raised Rs 1,800 crore by selling 53 crore shares on a private placement basis to investors like LIC and Societe Generale

L&T Technology Services starts Covid isolation centre for staff in Mysuru

L&T Technology Services Ltd (LTTS) on Sunday said it has set up a COVID isolation centre in Mysuru. LTTS has also opened a similar facility in Bengaluru. The centre in Mysuru is fully operational and available to take care of employees and their families who exhibit mild symptoms or are suspected to be COVID-19 positive, a statement said. The facility is equipped with 20 beds and 5 doctors on rotation as well as support staff round the clock on duty. Called the LTTS Isolation Centre, the facility is equipped to provide essential care facilities while operating under the purview and guidelines set by the Indian government, ICMR and WHO, it added. The initiative includes services such as 24x7 ambulance service, 24x7 nursing, doctor and paramedic support and OPD for confirmed asymptomatic patients. The company has partnered Allied Core Healthcare Services for the initiative. The centre will stock oxygen cylinders and O2 concentrators for use in the facility. The centre will treat .

L&T Q4 consolidated net profit up 3% to Rs 3,293 crore on higher revenues

All verticals posted YoY increase in revenue, while most saw profits grow

L&T arm bags contracts worth Rs 2,500-5,000 crore for Chennai Metro

The construction arm of Larsen & Toubro has secured orders worth Rs 2,500-5,000 crore from its heavy civil infrastructure business in India.

L&T's Q4 revenue expected to grow on the back of higher execution

Rising commodity prices may weigh on profitability

Top trading ideas by Mehul Kothari of Anand Rathi: Buy HEG, L&T

HEG stock after trading with a strong uptrend recently underwent some consolidation

Amit Chadha takes charge as MD and CEO of L&T Technology Services

L&T Technology Services on Thursday said Amit Chadha has taken charge as the company's CEO and managing director. Amit Chadha has taken over as CEO and MD of LTTS, effective April 1, in line with previous disclosures made to stock exchanges dated October 19, 2020, according to a statement. Prior to his elevation, Chadha was serving as the deputy CEO and whole-time board member, it added. Chadha joined LTTS in 2009 and has been a core member of LTTS' executive management team, closely involved in the company's listing on stock exchanges in 2016. Subsequently, he progressed to assume charge as president (sales and business development) where he was responsible for helping global R&D customers and Fortune 500 companies leverage LTTS' digital engineering offerings for their strategic differentiation and product development. The ER&D services sector is poised to play a critical role over the next decade as the confluence of engineering and technology reshapes the products and ..

Sensex, Nifty end marginally lower; L&T and financial stocks fall

A weakening rupee and selling by foreign investors also weighed on Dalal Street, traders said

Govt should earmark 10% of CSR for skill development: L&T's A M Naik

Large industries do not have to collaborate with NSDC or government organisations because they have created training centres, says Naik

L&T Finance Holdings raises Rs 2,998 cr through rights issue

L&T Finance Holdings Ltd (LTFH) on Tuesday said it has closed its rights issue and has raised over Rs 2,998 crore. LTFH has closed its rights issue to raise Rs 2,998.61 crore. The rights issue was oversubscribed by approximately 15 per cent, it said in a release. The non-banking finance company is present in businesses, including rural finance, housing finance, infrastructure finance and investment management. The allotment of shares will take place next week on the same day, the company said, adding the shares will be listed on BSE and NSE on or by February 26. "We are delighted that our rights issue was oversubscribed and we are thankful to our investors for their support. "The response reflects the faith in the resilience of our business model which along with our AAA credit rating, and the strong backing of our parent, gives us the confidence of continuing on our path of creating a stable and sustainable organisation for all our stakeholders," Dinanath Dubhashi, Managing ...

RIL, Infosys, Airtel: MFs trim stake in index heavyweights in January

Reliance Industries, Infosys, Bharti Airtel, Power Grid and Tata Consultancy Services are some of the stocks mutual funds cashed out of last month

Top stocks that are likely to benefit from FM's Budget proposals

According to Phillip Capital increased allocation for capital expenditure will bode well for large banks, namely ICICI Bank, Axis Bank, HDFC Bank and State Bank of India

Road & highway construction firms rally up to 13% on infra push in Budget

The Finance Minister announced an allocation of Rs 1.18 trillion for the Ministry of Road Transport and Highways

L&T bags up to Rs 2,500-crore contract for Mumbai Ahmedabad bullet train

Infrastructure company Larsen & Toubro (L&T) on Friday said it has received an up to Rs 2,500-crore contract for Mumbai-Ahmedabad high speed rail corridor project. "The heavy civil infrastructure business of L&T Construction has secured a significant contract from two packages of the Mumbai-Ahmedabad High Speed Rail Corridor," L&T said in a regulatory filing. The company did not provide value of the contracts but said the orders fall under "significant" category which range between Rs 1,000 crore and Rs 2,500 crore as per its classification of contracts. The order is to procure, fabricate, assemble, paint and transport 28 bridges, the company added. L&T said the project was secured through a consortium of L&T and IHI Infrastructure Systems (IIS) of Japan. Shares of L&T were trading 0.56 per cent lower at Rs 1,337.45 apiece on BSE.