Page 15 - L&t

Building blocks in place for L&T stock to outperform

Improving balance sheet, likely rise in order flows and attractive valuations are among key positives

Subsidiaries drive L&T's market capitalisation; stock gains 2.8%

The m-cap of four listed arms is now equivalent to 82 per cent of the parent company's valuation

Nifty in uncharted territory; keep booking timely profits: Sameet Chavan

We advise continuing with one step at a time approach and keep booking timely profits in the rally

L&T to sell 99 MW hydropower project in Uttarakhand to ReNew for Rs 985 cr

ReNew also announced signing of agreements for 260 MW/330MWp solar projects in Telangana. The combined enterprise value of the acquisitions is around Rs 2,850 crore ($384 mn)

L&T gets shareholders' nod to raise up to Rs 4,500 crore through bonds

Larsen and Tourbo (L&T) has received shareholders' nod to raise up to Rs 4,500 crore through issuance of convertible bonds, according to a regulatory filing. The shareholders' approval was given at the company's annual general meeting (AGM) held on Thursday, L&T said in the BSE filing on Friday. A special resolution for raising the funds was approved with requisite majority. "The special resolution as set out in Item No. 13 of the Notice of the AGM...has been passed with requisite majority," the filing said. Item No. 13 of the AGM notice read: "Raise funds through issue of convertible bonds and/or equity shares through depository receipts and including by way of qualified institution placement to qualified institutional buyers for an amount not exceeding Rs 4,500 crore or USD 600 million, if the value is higher.

Focus on capital formation is the best way to create employment: L&T CEO

In a Q&A, S N Subrahmanyan says he is confident of margins through overhead recovery despite high input costs

Sensex drops 274 pts, Nifty ends below 15,750; DRL sinks 10%, Axis Bank 3%

In the broader markets, mid-cap stocks faced a severe blow with the BSE MidCap index erasing 0.67 per cent.

L&T Q1 consolidated net surges four-fold at Rs 1,174 cr on higher revenue

The company's topline in the period under review stood at Rs 29,334.73 crore, up 38% from the same period last year

Top headlines: L&T Q1 net profit soars; Tata Motors Q1 net loss narrows

Business Standard brings you the top stories of this evening

L&T Q1 Results: Consolidated net profit soars 287% YoY to Rs 1,174 cr

The consolidated order book of the group was at Rs 3.23 trillion as on June 30, 2021, with international orders at 20% of the total order book

Sensex falls 123 pts as investors book profit in RIL, banks, auto stocks

The broader markets, however, outperformed the frontline indices with the BSE MidCap and SmallCap indices adding 0.06 per cent and 0.34 per cent, respectively.

L&T Q1 Preview: Net profit may slide up to 60% QoQ, say analysts

Here's what leading brokerages expect from the infra major's Q1 results

Here is a Bull Spread strategy on L&T by HDFC Securities

The stock price has broken out on the daily chart with higher volumes where it closed at all-time high levels

L&T hits new high on winning significant contracts for various businesses

L&T Construction, the construction arm of L&T, has won a slew of orders in India and abroad for its various businesses

Larsen & Toubro rallies 15% in a month, nears record high

L&T was up 2 per cent at Rs 1,538 on the BSE, trading close to its all-time high level of Rs 1,593 touched on February 2, 2021

Stocks to watch: Bharti Airtel, L&T, Cipla, Geojit Financial, Hero MotoCorp

Punjab National Bank (PNB) on Saturday said it has raised Rs 1,800 crore by selling 53 crore shares on a private placement basis to investors like LIC and Societe Generale

L&T Technology Services starts Covid isolation centre for staff in Mysuru

L&T Technology Services Ltd (LTTS) on Sunday said it has set up a COVID isolation centre in Mysuru. LTTS has also opened a similar facility in Bengaluru. The centre in Mysuru is fully operational and available to take care of employees and their families who exhibit mild symptoms or are suspected to be COVID-19 positive, a statement said. The facility is equipped with 20 beds and 5 doctors on rotation as well as support staff round the clock on duty. Called the LTTS Isolation Centre, the facility is equipped to provide essential care facilities while operating under the purview and guidelines set by the Indian government, ICMR and WHO, it added. The initiative includes services such as 24x7 ambulance service, 24x7 nursing, doctor and paramedic support and OPD for confirmed asymptomatic patients. The company has partnered Allied Core Healthcare Services for the initiative. The centre will stock oxygen cylinders and O2 concentrators for use in the facility. The centre will treat .

L&T Q4 consolidated net profit up 3% to Rs 3,293 crore on higher revenues

All verticals posted YoY increase in revenue, while most saw profits grow

L&T arm bags contracts worth Rs 2,500-5,000 crore for Chennai Metro

The construction arm of Larsen & Toubro has secured orders worth Rs 2,500-5,000 crore from its heavy civil infrastructure business in India.

L&T's Q4 revenue expected to grow on the back of higher execution

Rising commodity prices may weigh on profitability