Page 8 - Larsen & Toubro

Larsen & Toubro revises buyback price upward to Rs 3,200 per share

"The company is confident that the shareholders will take advantage and benefit from the buyback offer," Shankar Raman, Whole Time Director and chief financial officer, said

Larsen & Toubro snaps up nearly $4 billion order from Saudi Aramco

Engineering firm's shares hit new high

L&T joins Rs 4-trillion market cap club; stock gains 4% to hit new high

The company has fixed September 12, 2023 as the record date for the purpose of determining the entitlement and the names of equity shareholders who are eligible to participate in the buyback

L&T sees share of private orders settle at a third but remain below peak

MUMBAI (Reuters) - Larsen & Toubro, India's largest capital goods company, expects the contribution from private sector projects to be at about a third of its orderbook as investment activity picks up, a senior executive said.

L&T makes 'asset heavy' exception for $1 billion green hydrogen play

Company to target build-own-operate opportunities, a shift from its 'asset-light' policy

Chandrayaan-3 boost: L&T aims big on commercial satellite launch business

To bid for SSLV tech; targets its first PSLV launch next yr

L&T, MTAR, HAL: Stocks related to Chandrayaan-3 extend gain, soar up to 20%

Centum Electronics and Paras Defence were the top gainers in Thursday's intra-day deals, zooming up to 20 per cent.

These Chandrayaan-3 linked firms gained ahead of successful moon touchdown

The mission received heightened attention after Russia's Luna-25 mission failed less than a week earlier

L&T Construction wins orders for power transmission & distribution business

Orders to establish two new 132kV substations have been received from a public services infrastructure company in Dubai

Share of L&T's slow-moving projects in order book at multi-year low

As a result, fast-moving orders have picked up

L&T to look at up to $4 bn investment in green hydrogen with partners

First, L&T's planned electrolyser factory at Hazira, which Subrahmanyan stated will involve an investment of Rs. 500 crore, as the land and factory are already in place

Stocks to Watch today, Aug 10: Rate sensitives, IRCTC, Bata, Force Motors

Stocks to watch on August 10, 2023: Shares of rate sensitive sectors, such as auto, banks and real-estate will be in focus on Thursday as RBI announces its policy decision.

Shareholder bonhomie at Naik's last AGM as an era draws to a close

Naik will remain chairman of the L&T Employees' Trust - the largest shareholder in the company with a 14 per cent stake

Larsen & Toubro planning to invest as much as $12 bn over next five years

L&T Energy Green Tech, a unit of the conglomerate, will execute the clean energy strategy and over time may expand into fuel cells, grid batteries and hydrogen vending

L&T, Shapoorji Pallonji show interest in New Delhi station revamp

Centre tweaked work scope amid tight pockets after failed attempt in 2022

Share of slow-moving projects in L&T capital goods order-books shrinks

Top executives from L&T have pointed out that orders booked at lower commodity prices during the pandemic have strained margins for the company

Bluechip companies lift benchmark indices after three days of losses

RIL, L&T, ITC account for bulk of the gains

Investments dependent on policies will pause until poll results: L&T CFO

"International funds are available for infrastructure, and there is a benefit in terms of an electoral bias"

L&T says board will consider share buyback at meeting next week

This is the second time in its history that the company will consider such a move

Strong Q1 likely for capital goods firms with low costs, healthy execution

Cheaper raw material, lower freight costs, better supply chain management to help sector: Analysts