Page 6 - Larsen & Tourbo L&t

L&T hits new high on winning significant orders; stock up 11% in 6 days

The company's construction arm has secured significant orders (ranging between Rs 1,000 to Rs 2,500 crore) for its businesses in India.

Larsen & Toubro gains 4%, hits record high on hopes of strong order inflows

L&T's order inflow is expected to be good in October-March period (H2FY22) given the expected high activity in tendering in and awarding

Larsen & Toubro gains 4% post Q2 results, strong order book position

The growth is mainly driven by higher profits in the IT&TS portfolio and improved margins from the projects & manufacturing portfolio.

L&T, IRB Infra: Can National Monetisation Pipeline boost infra stocks?

Shares of IRB Infrastructure Developers jumped over 5 per cent, GMR Infrastructure added 2 per cent and Larsen & Toubro Ltd (LT) recovered following five days of bear hammering

L&T hits new high on winning significant contracts for various businesses

L&T Construction, the construction arm of L&T, has won a slew of orders in India and abroad for its various businesses

Larsen & Toubro trades higher for third straight day, up 5% in a week

Recovery in key international markets, continuous focus on infrastructure by the government, and rebound in crude oil prices augur well for L&T, according to analysts

L&T Q4 preview: PAT seen rising up to 18% YoY as margin pressures ease

Ability to hold on to margins amid higher raw-material prices and restored salaries/wage cuts through cost control, order pipeline, and commentary on FY22 guidance among key monitorables

Margin and valuation concerns could limit upsides in L&T Infotech

Revenue growth trajectory however is expected to remain robust

L&T gains 2% post December quarter results; analysts see further upside

During Q3FY21, L&T's standalone adjusted net profit came in at Rs 1,705 crore against Rs 1,261 crore in Q3FY20

Larsen & Toubro up 4% after sinking 11% in 7 wks; Jefferies maintains 'Buy'

Brokerage firm Jefferies maintains 'buy' rating on the stock with a SOTP price target of Rs 1,280 per share

Opportune moment to minimise external dependencies: L&T chairman A M Naik

he urged the government to introduce much-needed reforms in land acquisition, competency & skill building to achieve desired outcomes under 'Aatmanirbhar Bharat'

Bumpy road ahead for L&T as order flows, project execution face challenges

As working capital requirements also rise, analysts estimate earnings to dip in FY21

L&T posts 14% drop in pre-tax profit, says revival a few quarters away

Firm won orders worth Rs 1.86 trillion at the group level in FY20, up 9% over previous year even in the face of subdued business environment and economic challenges

L&T moves Bombay HC to secure provident funds exposure to YES Bank

Infra giant has Rs 100 crore of exposure to bank's AT-1 bonds

L&T Q3 consolidated net profit jumps 15% at Rs 2,560 crore

Its consolidated total income during October-December increased to Rs 36,717.60 crore, against Rs 34,823.08 crore in the year-ago period, the filing said

L&T appoints Ajay Bhutoria as CEO for technology platform L&T NxT

Infrastructure giant Larsen & Toubro on Thursday said it has appointed Ajay S Bhutoria as chief executive for its technology platform L&T NxT. The recently launched initiative L&T NxT is focused on providing solutions in the areas of Artificial Intelligence, Internet of Things (IoT), virtual reality, augmented reality, geospatial solutions and cybersecurity to clients in multiple industrial sectors. Before joining L&T-NxT, Bhutoria was the Global Head of Markets for Retail, Consumer Goods, Travel and Hospitality at Cognizant, L&T said in a statement. "I am confident Bhutoria, with his impeccable track record and leadership experience, will lead L&T NxT to make it a globally best-in-class solutions provider for industrial digitalization by leveraging L&T's diverse expertise across engineering domains," JD Patil, Senior Executive Vice President for L&T's Defence Business and L&T-NxT said. Bhutoria said L&T-NxT will provide an exciting opportunity .

Mumbai Coastal Road project's clearance cancellation to impact L&T, HCC

The coastal road project is one of the many infrastructure projects underway in Mumbai to decongest roads and other transport systems

Sebi turns down L&T's Rs 9,000-cr share buyback citing compliance issues

L&T applied for the buyback in compliance with the required ratio post buyback on the basis of its standalone financial statements

L&T's construction arm bags orders worth Rs 23.57 bn in MP, Andhra Pradesh

Larsen & Toubro (L&T) Thursday said its construction arm of has won orders worth Rs 2,357 crore in the domestic market. L&T's water and effluent treatment and transportation infrastructure business has secured order worth Rs 1,281 crore from Andhra Pradesh Capital Region Development Authority (APCRDA), the engineering and construction major said in a regulatory filing . The order is for activities including investigation, design and construction of roads, bridges, storm water drains, culverts, water supply systems, sewerage systems for the villages of Kurugalla, Nidamarru in Zone 12A area at Amravati Capital City, Andhra Pradesh. The company said its water and effluent treatment business has also secured orders worth Rs 1,076 crore from the Madhya Pradesh Jal Nigam Maryadit (MPJNM). The order is for the execution of multi village rural water supply schemes in Jabalpur, Narsinghpur, Seoni and Damoh districts of Madhya Pradesh. Shares of L&T were trading 0.32 per cent up

Larsen & Toubro's construction unit gets orders worth Rs 15.85 bn

Larsen and Toubro (L&T) today said its construction arm has won orders worth Rs 1,585 crore across business segments. "The construction arm of L&T has won orders worth Rs 1,585 crore across various business segments," the engineering and construction major said in a BSE filing. L&T said its transportation and infrastructure business has bagged an order worth Rs 513 crore from NHAI. While the company's power transmission and distribution business won orders worth Rs 500 crore, its water and effluent treatment business got a work order of Rs 371 crore. Its metallurgical and material handling business received orders worth Rs 201 crore in the area of blast furnace revamp and product business.