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Infrastructure major Larsen & Toubro (L&T) on Wednesday said its board has approved the appointment of former G20 Sherpa and NITI Aayog CEO Amitabh Kant as a non-executive, independent director of the company. Kant has been appointed for a term of five years with effect from Wednesday. "The board of directors of the company at its meeting held today, i.e., October 29, 2025, have approved the... appointment of Amitabh Kant as a non-executive, Independent Director (Additional Director) of the company for a term of 5 years with effect from October 29, 2025, up to and including October 28, 2030, subject to approval of shareholders of the company," Larsen & Toubro said in a filing to the BSE. Last month, IT services company HCL Technologies had announced the appointment Kant as an independent director. In September, IndiGo also appointed him as an additional director on its board after receiving security clearance from the civil aviation ministry. Canadian billionaire Prem ...
The profit, however, missed Bloomberg analysts' poll estimate of Rs 4,004.7 crore. The revenue also missed the analysts' estimate of Rs 70,478.1 crore
Profit surge was driven by a strong "order momentum across a broad spectrum of businesses, Larsen & Toubro said in a BSE filing
As part of its National Renewable Energy Programme (NREP), Saudi Arabia is upgrading its electricity grid to support renewable energy projects
Q2FY26 company results: Firms including LIC Housing Finance, Ixigo, United Breweries, NTPC Energy, HPCL, and NMDC are also to release their July-September quarter earnings reports today
Larsen & Toubro's heavy engineering division has secured multiple significant orders from India and abroad, including contracts in the US, Mexico, Brazil, Saudi Arabia
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
Infrastructure major Larsen & Toubro (L&T) on Friday said it has bagged an order from Hindalco to set up an aluminium smelter for its upcoming project in Odisha and another project from Tata Steel to build a coke oven battery. Both orders have been bagged by the minerals and metals business vertical of Larsen & Toubro. These orders are part of multiple orders secured by the vertical in India recently. In a filing to the BSE, L&T said it has bagged "an order from Hindalco for setting up a 180 KTPA aluminium smelter along with the gas treatment centre for their upcoming greenfield project in Odisha." According to filing, it "has also secured an order for setting up... coke oven battery 6 A/B from TATA Steel, Jamshedpur." The scope of work includes engineering, manufacturing, supply, construction and plant installation. "These order wins across the aluminium and steel sectors are a testament to L&T's engineering excellence, execution capability and enduring customer ..
Stocks to buy: Ajit Mishra of Religare Broking recommends buying Cholamandalam Investment, Tata Power and L&T; also suggests Nifty trading strategy
L&T hit 10-month high of ₹3,837.95 is quoting close to its all-time high level of ₹3,963, touched on December 10, 2024.
Infrastructure major Larsen & Toubro (L&T) on Monday said its power transmission and distribution vertical has bagged 'large' grid infrastructure orders in the Middle East. According to the company's project classification, a 'large' order is worth Rs 2,500 crore to Rs 5,000 crore. The 400kV super grid interconnection linking the electricity networks of GCC member states has helped in efficient utilization of generation capacity and has improved the overall grid resilience, the company said in a regulatory filing. Currently, the network of the Sultanate of Oman is connected to this interconnection through UAE's grid at 220kV. Now a direct interconnection is being established at 400 kV level for which a 400 kV substation in UAE is crucial, the company added. L&T PT&D has won an order to engineer, procure and construct this 400 kV Substation, the filing said. According to the filing, the company has bagged another order for building a set of new 132kV substations in the .
Citi said that it prefers execution leaders exposed to key thematics, with Cummins India and Bharat Electronics as its top picks
The order for setting up a large-scale natural gas liquids plant marks one of L&T's biggest global EPC wins and strengthens its position in the hydrocarbon sector
Larsen & Toubro's Hydrocarbon Onshore business has secured an 'ultra-mega' order to set up a Natural Gas Liquids plant and allied facilities in the Middle East
In the past one month, L&T has outperformed the market and rallied 5 per cent, as compared to 0.1 per cent rise in the BSE Sensex.
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 share price outlook: Analysts at ICICI Securities believe given the backlog growth and pick up in execution there remains a strong revenue growth over the medium term.
In April 2022, L&T was awarded a contract covering 116 km from south of Vadodara to the Sabarmati depot under the same project
Firms are focusing on paying down debt, opting for refinancing rather than expanding capacity, Shankar Subramaniam, the bank's head of India corporate banking said