Larsen & Toubro Infotech L&t Technology Services
L&T wins big order for freight handling in gulf worth Rs 1,000-2,500 crore
The project will include designing, procuring materials, constructing, and setting up advanced automated freight handling systems at two locations
 "L&T wins big order for freight handling in gulf worth Rs 1,000-2,500 crore")
L&T Tech, NVIDIA to unveil Gen AI & advanced software for medical devices
This collaboration provides a complete solution for customers looking to transition to a software-defined business model via real-time AI applications
 "L&T Tech, NVIDIA to unveil Gen AI & advanced software for medical devices")
BSE IT index at an all-time high, up 10% in Dec on hopes of strong Q3 show
IT stocks were in demand on hopes of strong Q3 earnings post Accenture performance. 63 Moons has zoomed 117% this month, while stocks like CyberTech, Brightcom and D-Link have soared over 30% so far
 "BSE IT index at an all-time high, up 10% in Dec on hopes of strong Q3 show")
L&T Technology Services Q2 net profits rises 7.8% at Rs 205.8 cr
Larsen & Toubro Technology Services (LTTS) on Friday posted a 7.8 per cent rise in consolidated net profit to Rs 205.8 crore for the second quarter ended September 30. The company had registered a net profit of Rs 191 crore in the corresponding quarter of the previous fiscal, it said in a regulatory filing. Its revenue grew 10.7 per cent to Rs 1,402.1 crore in the said period as against Rs 1,266.1 crore a year ago, it added. "Our Q2 revenue growth of 2.5 per cent quarter-on-quarter in constant currency was a bit softer than what we expected. While plant engineering and medical devices each grew in excess of 20 per cent year-on-year and was in-line with our expectation, the growth in Telecom & Hitech and Transportation came below expectations on account of decision-making delays amid continuing uncertainty over global trade negotiations," LTTS CEO and Managing Director Keshab Panda said. The company sees a likelihood of some of these trends persisting in the current quarter as .
 "L&T Technology Services Q2 net profits rises 7.8% at Rs 205.8 cr")
L&T Infotech, L&T Technology Services hit 52-week high
In past three months, LTI and LTTS have outperforming the market by gaining 53% and 44%, respectively, against 8% rise in Sensex.
 "L&T Infotech, L&T Technology Services hit 52-week high")
2 L&T Group stocks hit 52-week highs
Larsen & Toubro Infotech and L&T Technology Services have rallied by up to 9% in intra-day trade, hitting their respective 52-week highs on the BSE.
