L&T Results

Key monitorables during L&T's earnings, analysts said, include a ramp-up in domestic ordering, conversion of the prospect pipeline in international markets, margin performance, working capital cycle

Technical charts show that the bias at the Larsen & Toubro counter is likely to remain positive as long as the stock trades above ₹3,437 levels.

L&T Technology Services (LTTS) has secured a $60 million multi-year agreement with a US-based telecommunications provider, marking its fourth $50 million-plus deal in the last year

The company beat street estimates as in a Bloomberg poll, 13 analysts estimated revenue of Rs 53,600 crore and seven analysts estimated a net income adjusted of Rs 2,639 crore

Majority of analysts bullish on the stock, but average target price indicates positives are nearly priced in

The reported net profit was higher than Bloomberg consensus estimate of Rs 3,042 crore, despite the 116 per cent YoY jump in tax expenses to Rs 2,087 crore

Ability to hold on to margins amid higher raw-material prices and restored salaries/wage cuts through cost control, order pipeline, and commentary on FY22 guidance among key monitorables

Consolidated Group order book at record high of Rs 331,061 crore as on Dec 31, 2020

The company's net profit at Rs 303.14 crore for the quarter under review, was 79 per cent lower than the net profit of Rs 1,472.58 crore reported last year

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

After facing client-specific issues, IT firm's BFS and hi-tech vertical are likely to improve performance in H2FY20

Maintaining 'BUY' call on the stock, Edelweiss Securities says given the strong balance sheet, L&T will stand the test of times.

Analysts have estimated a profit of Rs 928.4 cr at a consolidated level