Page 16 - Larsen & Toubro (l&t)

L&T to oversee the construction of Ram temple: Vishwa Hindu Parishad

The much-awaited grand Ram temple in Ayodhya will be constructed by construction giant Larsen and Toubro (L&T).

Today's picks: From Hindalco to ITC, hot stocks to watch on Thursday

For ITC, keep a stop at 196.5 and go long

Larsen & Toubro trades lower for fourth straight day, hits new 52-week low

In the last nine months, L&T has underperformed the market by falling 22 per cent, as compared to a 2 per cent rise in the benchmark S&P BSE Sensex

L&T, UAV maker ideaForge sign pact for unmanned defence systems

Infrastructure giant Larsen & Toubro (L&T) on Friday said it has entered into a pact with ideaForge, domestic unmanned aerial vehicles manufacturer, to offer drones and allied systems for defence use. "L&T and ideaForge...have entered (into) an MoU (memorandum of understanding) to offer drones and allied systems for defence use," the company said in a filing to the BSE. Both companies will combine their strengths to offer hi-tech integrated drone solutions to enhance security and surveillance. They will also offer anti-drone solutions to counter the threat of malicious or unintended usage of drones. "The MoU involves collaboration on technology, products, deployment and go-to-market strategies," it said. It will unlock the full potential of unmanned systems in security, surveillance and protection solutions. With the ever-increasing adoption of drone technology, the partnership will redefine the landscape of unmanned systems. "We are teaming as partners of choice to ...

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Nutanix bets big on govt clients, defence projects after Nasdaq debut

In India, the company serves customers such as stock exchanges, brokers, non-banking financial companies, financial services and insurance, IT and IT-enabled services.

Larsen & Toubro hits over 9-month low, slips 18% from September high

The stock was trading at its lowest level since February 26, 2019

Larsen & Toubro hits over 3-month low, stock down 11% in one month

The stock of construction & engineering company was trading at its lowest level since August 26, 2019.

L&T's construction arm bags contracts worth Rs 2,500 crore from clients

The company said its buildings and factories business has received an order for execution of mechanical works for a cement plant at Kurnool.

Delay in shifting 200 affected families slows Navi Mumbai airport project

On August 31, the GVK group-led Navi Mumbai International Airport awarded the airport's engineering procurement and construction contract to Larsen & Toubro

L&T, Megha Engg among 18 bidders for Rs 15,000 crore Bundelkhand Expressway

A total of 82 separate bids received, with 10 contenders bidding for all six packages of the project

Tech view: Missed the blockbuster market rally? Here's what you should do

At the fundamental level, analysts say the government's move to slash corporation tax rate from 35 per cent to 25.2 per cent (including surcharge) augurs well for India Inc

In picking strategic partners, defence ministry isn't spoilt for choice

The defence ministry has lost sight of what it intends to achieve via the strategic partnership route in manufacturing

Private sector going through challenging times, says L&T chairman A M Naik

It is going to take a year or a year and a half before accelerated spending for development comes, says Naik

L&T puts up decent results in June quarter amid weak macro environment

While order inflow was healthy led by domestic projects, improved execution in select private sector and power segment supported growth

Larsen & Toubro gains 4% on winning multiple orders; up 10% in two weeks

Larsen & Toubro, up 4 per cent to Rs 1,403 on the BSE, was the largest gainer among Nifty 50 and S&P BSE Sensex at 10:43 am.

L&T recovers after dropping 3% in intra-day trade

The stock was trading 0.37% lower at Rs 1,313 at 09.36 am after falling 3% in early morning trade on the BSE.

L&T hits 5-month high; stock rises 17% in three-weeks

The stock was up 1.5% at Rs 1,405, trading at its highest level since May 3, 2018, 5% away from its record high level of Rs 1,470 touched on February 1, 2018.

Larsen & Toubro gains 6% as Q2 profit beats estimate

The stock was up 6% to Rs 1,379 on the BSE in early morning trade after the company reported 23% Y-o-Y jumped in its consolidated net profit at Rs 22.30 billion in September quarter.

Analysts keep faith in Larsen & Toubro despite buyback proposal

The buyback proposal, analysts believe, is a way of paying back the shareholders in the absence of any major business investments on the horizon.