L&T share price outlook: L&T is trading below the 20-MMA, and now testing support at 100-WMA. Chart also shows formation of 'Death Cross'; trade below this key moving average can trigger a fresh fall.
The rapid growth of AI, success of mobile phone manufacturing, the index for states' fiscal health and labour shortages all point to opportunities for policymakers
Larsen & Toubro reported a consolidated net profit of Rs 3,359 crore in Q3FY25, reflecting a 13.9 per cent increase compared to Rs 2,947.4 crore in Q3FY24
The company is well-placed in 4-5 large domestic orders and has visibility of Rs 50,000 crore in inflows for Q4FY25
The company's quarterly profit, however, missed Street estimates. In a Bloomberg poll, analysts had estimated an adjusted net income of Rs 3,771 crore and revenue of Rs 64,742 crore
Larsen & Toubro Q3 FY25 results: International revenues accounted for 51 per cent of total revenues at Rs 32,764 crore
The rise in L&T share price followed the company's announcement of a 'significant' order win, along with growing anticipation surrounding its upcoming Q3 results
In the previous session, the Sensex jumped 631.55 points, or 0.83 per cent, to settle at 76,532.96. The Nifty50 also added 205.85 points, or 0.90 per cent, to close at 23,163.10
Move only after it has visibility of hitting $1 bn annual sales of fabless semicon products designed by the firm
The top three Indian brands in the ranking are Tata Group, Infosys, and HDFC Group
Serum Institute's Adar Poonawalla opposes long workweeks, and stresses work-life balance for productivity. He says human efficiency drops after eight hours
Its Net Interest Margin + Fees & Other Income stood at 10.33 per cent for Q3Fy25 down from 10.93 per cent in Q3Fy24, according to Analysts presentation
Congress chief Mallikarjun Kharge on Wednesday expressed disagreement with Larsen & Toubro Chairman S N Subrahmanyan's suggestion of a 90-hour work week and recalled that former prime minister Jawaharlal Nehru and BR Ambedkar had advocated that workers should not be made to work for more than eight hours in a day. Addressing party leaders after the inauguration of the Congress' new headquarters located at 9A, Kotla Road here, Kharge lauded the work done by L&T Construction in constructing the new party headquarters. "I would like to thank L&T construction...some dues are also left from our side," Kharge said to peals of laughter. "I would like to thank L&T construction, architects, labourers involved in the construction. While I thank the company, but the company's CEO has made a remark of working 90 hours in a week. I don't agree with that," the Congress chief said. A labourer works for eight hours and gets tired and that is why Nehru and Ambedkar had stated while ...
ITC Ltd chairman Sanjiv Puri, in an interview, firmly opposed the notion of mandating excessive working hours
L&T HR defends chairman SN Subrahmanyan's 90-hour workweek comments, stating they were 'misinterpreted' and 'taken out of context,' amid widespread backlash
L&T chairman's controversial statement has reignited concerns about excessive working hours, their impact on health, and the sustainability of such practices in the modern workplace
RIL, L&T, and JSW likely to either commercialise their clean energy businesses or commission new ones in the near term
Industrialists Anand Mahindra and Adar Poonawalla batted for quality of work over quantity after L&T Chairman SN Subrahmanyan advocated for a 90-hour work week
L&T chairman SN Subrahmanyan's idea of a 90-hour workweek has sparked backlash as India's overworked employees battle burnout, health risks, and missed family time
L&T Chairman SN Subrahmanyan's controversial call for working Sundays, featuring a misogynistic joke, sparked backlash from figures like Deepika Padukone, Harsh Goenka