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L&T signs pact with ACWA Power to build desalination plant in Saudi Arabia

Larsen & Toubro (L&T) on Thursday said it has entered into a pact with ACWA Power, a developer in the Middle East, to build a desalination plant in Saudi Arabia. The water and effluent treatment business of L&T won the order in a joint venture with Lantania of Spain. The project's scope includes design, procurement, construction, testing and commissioning of a seawater reverse osmosis desalination plant, L&T said in a statement. The plant will serve as a drinking water source for Makkah Al-Mukarramah and Al-Baha regions, benefiting about one million population. This is the second desalination order that L&T has received in Saudi Arabia in the recent past and it strengthens the company's presence in the Middle East. This large order underscores the company's resolve to expand its regional footprint across all neighbouring and business-conducive geographies. Contracts worth Rs 2,500-5,000 crore are categorised as large orders by the company. L&T is a USD 27 ...

L&T signs pact with ACWA Power to build desalination plant in Saudi Arabia
Updated On : 13 Mar 2025 | 2:07 PM IST

Weak signals! Larsen & Toubro stock can crack another 16%; find out why

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.

Weak signals! Larsen & Toubro stock can crack another 16%; find out why
Updated On : 13 Feb 2025 | 12:49 PM IST

Here's why L&T share gained 4% in trade on February 4; check reasons here

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

Here's why L&T share gained 4% in trade on February 4; check reasons here
Updated On : 04 Feb 2025 | 1:12 PM IST

L&T Q3 results: Net profit rises 14% to Rs 3,359 crore, revenue up 17%

Larsen & Toubro Q3 FY25 results: International revenues accounted for 51 per cent of total revenues at Rs 32,764 crore

L&T Q3 results: Net profit rises 14% to Rs 3,359 crore, revenue up 17%
Updated On : 30 Jan 2025 | 4:45 PM IST

L&T share up 2% ahead of results; bags order worth Rs 1,000 to 2,500 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

L&T share up 2% ahead of results; bags order worth Rs 1,000 to 2,500 crore
Updated On : 30 Jan 2025 | 11:37 AM IST

Larsen & Toubro Q3 preview: Q3 profit may rise 21% on strong orders inflows

Larsen & Toubro share: Brokerage see strong order inflows and better execution driving Larsen & Toubro's third quarter revenues and profits higher

Larsen & Toubro Q3 preview: Q3 profit may rise 21% on strong orders inflows
Updated On : 29 Jan 2025 | 12:29 PM IST

L&T, NTPC: Should you buy these 5 stocks on capex hike hope in Budget 2025?

Technical chart shows that L&T, NTPC, Jain Irrigation seem to be placed favourably, while Siemens and Power Grid Corporation look weak. Here are the key levels to watch out on these 5 shares.

L&T, NTPC: Should you buy these 5 stocks on capex hike hope in Budget 2025?
Updated On : 28 Jan 2025 | 11:22 AM IST

Maintaining growth momentum key for more gains in L&T Technology Services

Management expects tech and sustainability to continue the growth momentum in the near-to-medium term, while mobility is to remain muted in Q4 but should rebound by FY26

Maintaining growth momentum key for more gains in L&T Technology Services
Updated On : 16 Jan 2025 | 11:17 PM IST

India Inc opts for long-term borrowing as short-term rate spikes

L&T, Grasim, UltraTech raise funds via 10-year bonds

India Inc opts for long-term borrowing as short-term rate spikes
Updated On : 15 Jan 2025 | 11:26 PM IST

Larsen & Toubro hits all-time high; rallies 6% in 1 week on strong outlook

The stock hit a new high of Rs 3,948, surpassing its previous high of Rs 3,919.90 touched on June 3 and rallied 13 per cent in 12 trading days

Larsen & Toubro hits all-time high; rallies 6% in 1 week on strong outlook
Updated On : 09 Dec 2024 | 10:52 AM IST

Indian stock market could be bottoming out after crash, says Chris Wood

As an investment strategy, Wood has taken exposure in the US-listed online travel company MakeMyTrip in the India long-only portfolio with a 4 per cent weighting

Indian stock market could be bottoming out after crash, says Chris Wood
Updated On : 29 Nov 2024 | 6:58 PM IST

L&T stock gains 2% on healthy profitability outlook

Ind-Ra expects the consolidated order book of L&T to grow at a sustainable pace over FY25-FY26 due to order inflows from both domestic and international segments.

L&T stock gains 2% on healthy profitability outlook
Updated On : 29 Nov 2024 | 11:55 AM IST

BJP Maha win, global cues. Reasons Sensex rallied 1,300pts intraday Monday

The NSE Nifty topped the 24,300-level, and was up 350 points following BJP-led Mahayuti alliance landslide victory in Maharashtra elections. Index heavyweights SBI and RIL were the top gainers so far.

BJP Maha win, global cues. Reasons Sensex rallied 1,300pts intraday Monday
Updated On : 25 Nov 2024 | 3:50 PM IST

Ashish Kacholia portfolio stock up 1645% in 15 months; L&T to buy 21% stake

L&T in an exchange filing today informed that the company has entered into an Investment Agreement on November 5, 2024 for acquisition of up to 21 per cent stake in E2E Networks.

Ashish Kacholia portfolio stock up 1645% in 15 months; L&T to buy 21% stake
Updated On : 05 Nov 2024 | 10:49 AM IST

L&T share price jumps 6% as Q2 results beat street estimates; details here

The rise in L&T share price came after the company reported a healthy set of September quarter numbers on October 30, 2024

L&T share price jumps 6% as Q2 results beat street estimates; details here
Updated On : 31 Oct 2024 | 9:37 AM IST

L&T Q2 FY25 results: Net profit increases 5.4% to Rs 3,395 crore

Maintains guidance on order inflow and revenue generation for full-year

L&T Q2 FY25 results: Net profit increases 5.4% to Rs 3,395 crore
Updated On : 30 Oct 2024 | 11:33 PM IST

L&T Q2 results preview: Profit may rise up to 19% YoY; margins could shrink

L&T Q2 results preview: The engineering, procurement and construction (EPC) major's core revenue is expected to have grown in Q2FY25 as its domestic execution normalises

L&T Q2 results preview: Profit may rise up to 19% YoY; margins could shrink
Updated On : 29 Oct 2024 | 3:48 PM IST

Ajit Mishra of Religare Broking suggests buying this stock on October 24

Markets remained volatile and ended slightly lower, taking a breather after Tuesday's decline

Ajit Mishra of Religare Broking suggests buying this stock on October 24
Updated On : 24 Oct 2024 | 7:06 AM IST

L&T partners with US firm to provide clean energy solutions globally

Larsen & Toubro (L&T) on Friday said it has entered into a pact with US-based Clean Core Thorium Energy (CCTE) for providing efficient solutions in clean energy globally. The partnership aims to accelerate nuclear power deployment globally, particularly in developing countries which require large amount of carbon-free electricity for their growth. "Larsen & Toubro...announced the signing of a Memorandum of Understanding (MoU) to collaborate on providing efficient solutions globally in clean energy through CCTE's patented ANEEL (Advanced Nuclear Energy for Enriched Life) fuel," the company said in a filing to BSE. ANEEL is a nuclear fuel that combines thorium and high assay low-enriched uranium. It's designed to be used in pressurized heavy water reactors, such as CANDU (Canadian deuterium-uranium) reactors. This fuel is expected to significantly reduce life-cycle operating costs and the waste produced (by over 85 per cent while improving safety due to its Accident Tolerant

L&T partners with US firm to provide clean energy solutions globally
Updated On : 18 Oct 2024 | 4:01 PM IST

L&T Semiconductor Technologies, IBM ink pact to develop advanced processors

Under the collab, both IBM and L&T Semiconductor Technologies anticipate focusing on innovation, functionality, and performance to enable reliable, secure, and scalable computing for range of apps

L&T Semiconductor Technologies, IBM ink pact to develop advanced processors
Updated On : 10 Sep 2024 | 4:55 PM IST