According to the technical analyst from Anand Rathi, Larsen & Toubro can slip to Rs 1,800-level, while CRISIL can rally to Rs 3,700.
Investment to help it tap the entire value chain from manufacturing to EPC projects
The plant will produce 45 kg of green hydrogen daily, which will be used for captive consumption in the company's Hazira manufacturing complex
Manappuram Finance has so far on Friday post RBI rate hike has logged its biggest intra-day gain this year, the stock along with DLF, SBI and Bajaj Auto can rally up to 14 per cent in the near term.
Core revenues were at Rs 35,850 crore, up 22 per cent year-on-year (YoY) and down 32 per cent quarter-on-quarter (QoQ)
But sequentially, it declines 53% amid inflationary pressure & Rs depreciation
Company's order inflow rises 57% in June quarter
Tata Steel, Power Grid, HCL Technologies, Wipro, Dr Reddy's and Axis Bank were the laggards
Total compensation of L&T's executive directors (including Subrahmanyan) in FY22 was 120 to 670 times the median remuneration of the company's employees, data from its FY22 annual report shows
The first Indian executive to head the German luxury carmaker in the subcontinent, Dhillon has worked his way up the ranks, writes Pavan Lall
Betters SP Group, L&T on quality and cost-based selection criteria
Infrastructure major Larsen and Toubro (L&T) on Monday said it has received another significant contract order for Chennai Metro Rail Project. According to the company's project classification, the value of a significant order ranges between Rs 1,000 crore to Rs 2,500 crore. "L&T Construction awarded another Significant contract for Chennai Metro Rail Project (CMRL)," L&T said in a statement. The scope of the order involves the construction of an elevated viaduct of approximately 10 km, including an elevated ramp and 10 elevated metro stations at Nehru Nagar, Kandanchavadi, Perungudi, Thoraipakkam, Mettukuppam, PTC colony, Okkiyampet, Karapakkam, Okkiyam Thoraipakkam and Sholinganallur. This elevated metro rail package is to be constructed in 35 months. L&T is already executing four packages of CMRL Phase II, of which one is underground and the other three are elevated packages. L&T had earlier executed metro rail projects for CMRL in Phase I.
Company aims to touch revenue of Rs 2.7-3 trillion, achieve order inflow of Rs 3.4 trillion and return on equity of over 18 per cent by FY26
While target prices indicate healthy upside, the stock has been an underperformer
L&T admitted that volatility in the price of crude oil and other commodities owing to geopolitical uncertainties was pushing up input prices
Business Standard brings you the top headlines on Thursday
For L&T, this merger ties in with the group's vision of becoming more services-oriented
Greenko-John Cockeril latest to join league; RIL, L&T, Adani together set aside investment of nearly Rs 6 trillion, say analysts
The Hindustan Aeronautics Ltd and Larsen & Toubro Ltd (L&T) consortium has turned out to the lowest price bidder for making five Polar Satellite Launch Vehicle (PSLV) XL variant rocket out of the three who had bid, said a space sector official.
Q4 is expected to be soft and any corrections could offer a good entry in the stock