Order inflows for major capital goods firms excluding L&T may fall 10 per cent Y-o-Y in Q2FY27, while higher commodity prices are likely to squeeze margins
L&T Realty plans large residential launches across Mumbai, NCR and Bengaluru as it expands its portfolio and builds a development pipeline with 12-quarter visibility
The EPC orders span transmission lines, substations and cabling works, with projects aimed at strengthening grids and supporting renewable energy evacuation
The two contracts cover roads, bridges, tunnels, an interchange and cycling infrastructure, with both projects scheduled for completion by the end of 2028
L&T raised Rs 500 crore and IIFL Finance Rs 25 crore through tokenised bonds, following REC's debut issue as issuers test the new blockchain-based settlement framework
Larsen and Toubro (L&T) on Wednesday said it has secured a large order from state-owned ONGC in India. According to the company's classification, a large order is valued between Rs 2,500 crore and Rs 5,000 crore. "L&T Energy Hydrocarbon Offshore has secured a large offshore order from the Oil & Natural Gas Corporation (ONGC) for the Additional Development of RatnaI (ADR I) and NLM-14 project off India's west coast," L&T said in an exchange filing. The project involves engineering, procurement, construction, installation and commissioning of three new wellhead platforms, one riser platform, multiple segments of subsea pipelines and cables, and brownfield modifications to existing offshore installations.
While the engineering giant only shares a range instead of giving out the exact order value, a Bloomberg News estimate pegs the average at about ₹1.11 trillion in the ongoing quarter
The conglomerate is preparing a bid for the government's ₹7,280 crore ($764 million) incentive policy for such magnets
L&T is expanding its defence footprint with investments in radars, electronics, autonomous systems and directed-energy weapons, while scaling up shipbuilding and defence exports
To execute EPCIC of offshore facilities, besides upgrading the existing ones
Tata Electronics among its partners; eyes break-even in two years
L&T said it will execute the design, engineering, supply, erection and commissioning of the plant and associated civil, mechanical and electrical works.
Stocks to watch today: L&T, Asian Paints, Tata Capital, TMPV, ONGC, Netweb Technologies, Adani Enterprises, Adani Ports, Radico Khaitan, Pine Labs, among others, will be in focus today.
Revenue increased 6.7 per cent to ₹67,942 crore and the order book reached ₹7.79 trillion, though Ebitda declined 3.2 per cent and margin narrowed
Q1FY27 company results: Firms including Ambuja Cements, Suzlon Energy, Birlasoft, Tata Capital, Cholamandalam Investment and Finance, and Pine Labs are also to release their April-June earnings today
While retaining HDFC Bank, Bernstein has added Axis Bank to its portfolio amid hopes of an improvement in asset quality and a more favourable trajectory for credit costs.
L&T says coal gasification aligns with its energy-transition strategy and will be evaluated selectively amid the government's push for cleaner use of domestic coal
L&T reported weaker-than-expected Q4 FY26 results and warned that disruptions linked to the Iran conflict could weigh on execution and growth in H1FY27
L&T posts marginal decline in Q4 profit due to base effect, while revenue grows 11% on strong order inflow; board recommends Rs 38 per share dividend
BENGALURU, May 5 - India's Larsen & Toubro posted a 3.1% fall in quarterly profit on Tuesday, as the Middle East war disrupted he infrastructure giant's projects in the region.