Page 6 - Larsen & Tourbo L&t

L&T Construction bags large contracts for water, effluent treatment biz

L&T Construction's water and effluent treatment business has secured a slew of orders from various prestigious clients. The Department of Water Supply and Sanitation, Punjab, has awarded two EPC (engineering, procurement and construction) orders for the bulk supply of treated water to 10 lakh people in the Fazilka and Ferozepur districts of the state on a design-build-operate-transfer (DBOT) basis, Larsen & Toubro (L&T) said in a filing to the BSE. "The aggregate scope of work comprises design and construction of raw water intake systems, storage & sedimentation tanks, water treatment plants of a total capacity of 114 MLD (million litres per day), clear water reservoirs with pumphouse, supply & laying of transmission pipelines, and associated electromechanical & Instrumentation works," it said. The Department of Water Resources, Government of Odisha, has given a repeat EPC order to execute the Under Ground Pipeline Irrigation System for the Rengali Right ...

L&T losing to ill-equipped cos in India; isn't it a pity: A M Naik

Engineering major lost large domestic orders as technical-deficient rivals won tenders

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