All that happened in the markets today
Pvt investment will increase opportunities
L&T's stock has gained 17 per cent in the past six trading days
In the concluding part of the series, the author talks about the mindset, behaviour and action of 'shapers'
The stock price has broken down on the daily chart to close at the lowest level since May 2016 with higher volumes.
He said the stoppage of infrastructure projects in multiple states, macroeconomic concerns, and the coronavirus scare have led to the company losing its growth momentum briefly
The group has become a model for the global construction industry on how to transform itself by using cutting-edge technologies.
Larsen & Toubro (L&T) on Wednesday said the water and effluent treatment business of L&T Construction has bagged a significant order in Sultanate of Oman. The order is for the design and execution of a water infrastructure project to enhance the Al Dhakhlia water transmission system phase II, the infrastructure major said in a statement. "L&T construction has been awarded significant contract for its water and effluent treatment business... from a prestigious client in the Sultanate of Oman," it said. The scope of work includes 173 km of pipelines for water transmission with associated civil works, 18 RCC water storage reservoirs, 5 pumping stations with associated mechanical, electrical, control and instrumentation works, it added. The company did not provide the value of the contract, but said the order falls under the "significant" category, which ranges between Rs 1,000 crore and Rs 2,500 crore according to the classification of contracts.
Typical of engineering companies, data centres are being targeted for two kinds of opportunities
For Tata Motors, the RSI has shown a trend reversal from the highly oversold zone to signal a buy and has maintained a positive bias
After tax, the company reported a consolidated profit of Rs 2,353 crore, a jump of 15 per cent
There are countless examples of corporates supporting horrible regimes. United Fruit, Shell, Rio Tinto are some of the better known cases
During the quarter, operating margin of the L&T Group company improved 70 basis points to 16.2 per cent, owing to favourable cross-currency movement
Developed by L&T's Smart World & Communication Unit, EWDS has a unique architecture.
Consolidated revenues up 15% to Rs 35,328 crore
After muted performance over the last few quarters, LTI put up a better show in Q2FY20
A flagship of Adityanath govt, the 91 km-long Expressway will be developed in two different packages, for which UPEIDA has received 21 bids from 13 companies
During the coming weeks, Larsen and Toubro said the fifth OPV Varad which was launched was getting ready for taking up sea trials
Here is the weekly technical view on Nifty and stock recommendation by Prabhudas Lilladher
Sources in the know said a tweak in the branding of Mindtree is also on the cards