Larsen And Tourbo

Infrastructure major Larsen & Toubro (L&T) on Friday said that it has entered into a strategic pact with US-based Atomics Aeronautical Systems, Inc. (GA-ASI) for manufacturing unmanned aircraft systems for the Indian Army. Under the partnership, both the firms will together manufacture Medium Altitude Long Endurance (MALE) Remotely Piloted Aircraft Systems (RPAS) in India. L&T's engineering, precision manufacturing and system integration capabilities in defence and aerospace and GA-ASI operational expertise will be utilised in this strategic pact. "Under this partnership, L&T will participate in the upcoming 87 MALE RPAS programme of the Ministry of Defence, where L&T will be the prime bidder and GA-ASI the technology partner," the infrastructure major said in a filing to the BSE. The collaboration will enable the production of GA-ASI's MQ-series RPAS that are combat proven. These are widely operational across the globe with millions of flight hours in surveillance

Citi said that it prefers execution leaders exposed to key thematics, with Cummins India and Bharat Electronics as its top picks

At 1:10 PM, L&T shares were trading near day's high level, up 1.19 per cent at ₹3,701.95 per share. In comparison, BSE Sensex was trading 0.24 per cent lower at 81,906.96 levels.

L&T signed an agreement with NHSRCL for track works on the 157 km Maharashtra section of the Mumbai-Ahmedabad Bullet Train project, including four stations and a depot at Thane

Chip design firm L&T Semiconductor Technologies on Friday said it has acquired the power module design assets of Fujitsu General Electronics of Japan. As part of the deal, L&T Semiconductor Technologies (LTSCT) has acquired R&D equipment, design patents and various intellectual properties related to power module technologies of Fujitsu General Electronics (FGEL). "The acquisition of power module technology is a crucial step in LTSCT's growth journey and an important step towards our vision of enhancing India's presence in the global semiconductor ecosystem. This significantly strengthens our global intellectual property portfolio, and enhances our design capabilities, thus reinforcing our commitment to delivering world-class semiconductor solutions globally," LTSCT Chief Executive Sandeep Kumar said. The acquisition will accelerate LTSCT's foray in power electronics design and development and expand its product portfolio in the domains of industrial, energy and automotive .

Homegrown L&T Energy GreenTech Ltd and Japan-based ITOCHU Corporation have joined hands to develop a green ammonia project of 300 kilo tonne per annum (KTPA) capacity in Gujarat, to target opportunities in the maritime sector. The project will come up over a land parcel acquired by parent Larsen & Toubro (L&T) at Kandla in Gujarat last year, L&T Energy GreenTech Ltd (LTEG) said in a statement on Wednesday. As per the statement, LTEG has entered into a Joint Development Agreement with ITOCHU Corporation of Japan to develop and commercialise a 300 KTPA green ammonia project at Kandla in Gujarat. "The latest collaboration supports LTEG's strategic vision to establish a presence across the green energy value chain and complements ITOCHU's initiatives to introduce low-carbon ammonia as a zero-emission marine fuel," LTEG said. Under the agreement, LTEG and ITOCHU will collaborate on the development of the green ammonia facility, with ITOCHU planning to offtake the product ...

The board of directors of L&T is scheduled to meet today i.e. on July 29, 2025 to consider and approve the unaudited financial results of the company for Q1FY26

E-commerce enablement platform Shiprocket on Friday launched a multimodal AI engine, Shunya.ai, for MSMEs and D2C businesses. The AI stack is developed to support multilingual commerce, regional customer experiences, and scalable automation, the company said in a statement. "Developed in partnership with Ultrasafe Inc. through a joint venture, Shunya.ai brings together voice, text, and image intelligence in 9-plus Indian languages, built, trained, and hosted entirely within India. The platform is set to reach over 1 lakh MSMEs within the first year, driving time and cost savings across cataloguing, marketing, fulfilment, and customer engagement workflows," it said. With this launch, Shiprocket looks to tap into India's USD 1 trillion MSME economy and growing digital commerce opportunity, projected to reach USD 350 billion by 2030. MSMEs account for over 30 per cent of the country's Gross Value Added (GVA). Shunya.ai, trained on Indian commerce data, is hosted entirely within the ..

The rise in the L&T share price came after the company's Buildings & Factories (B&F) vertical secured a large order (ranging ₹2,500 crore - ₹5,000 crore) from the Brigade Group

While the exact worth of the deal was not disclosed but the order was marked as 'significant', which the L&T uses to describe orders valued between Rs 1,000 crore and Rs 2,500 crore

In the process, volatility would remain high as expectations related to the General election outcome would have bearing on market direction in the upcoming truncated week

The infrastructure projects have created vibrancy in the system and have attracted a lot of foreign technology and capital, said Raman

Chandra has been with the L&T Group since October 2013

The company has revised the buyback price upwards from Rs 3,000 per share to Rs 3,200 per share

So far in the calendar year 2023 (CY23), the stock of this engineering company has surged 30.6 per cent, as against 7 per cent rise in the S&P BSE Sensex

Stocks to watch on June 23, 2023: From L&T to Fortis Health, here are top stocks to watch in Friday's trading session

On Monday, L&T announced that the hydrocarbon business of the company secured a significant order under its AdVENT (Advanced Value Engineering and Technology) business vertical

Firm expects NIM plus fees to stay above 8% in FY23

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Short term trend is positive where stock price is trading above all Important short-term moving averages