Wed, Jan 17, 2024
L&T Technology Services shares jumped 3.5% in early trade after reporting positive Q3 results and upbeat management commentary. The company posted a 14.4% on-quarter rise in net profit and maintained its FY24 growth guidance, citing strong deal flow and a potential Q4 surge.
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Wed, Jan 03, 2024
According to Zee Business Research, Larsen and Toubro (L&T) has recorded the highest-ever order inflow in the history of the company.
Sat, Oct 21, 2023
Engineering and construction conglomerate Larsen & Toubro (L&T) on Saturday said it has inked a pact with IIT Indore to undertake joint research and development projects in various areas like renewable energy management and control software.
Wed, Oct 11, 2023
L&T new project in Middle East: The project has been bagged by L&T Energy Hydrocarbon. The company further said that in a bid to cater to the power supply requirements of the gas compression plants, three 230 kV extra high voltage substations will be set up by the power transmission and distribution arm of L&T Construction.
Fri, Sep 29, 2023
L&T share price: The stock hit a fresh record high of Rs 3,057 on the BSE on Friday, September 29, after the company said that the Heavy Civil Infrastructure business vertical of L&T Construction has won a mega order from MMRDA.
Wed, Sep 13, 2023
L&T share price: L&T's stock has been hitting fresh peaks of late, as multiple brokerages and analysts have exuded confidence in the company's business, and projects.
Tue, Sep 12, 2023
L&T share buyback update: The company also announced that the maximum number of equity shares proposed to be bought back by the company has been reduced from 3,33,33,333 (three crore thirty three lakh thirty three thousand three hundred and thirty three) fully paid-up equity shares to 3,12,50,000 (three crore twelve lakh fifty thousand) equity shares.
Mon, Sep 04, 2023
L&T share price: Group Chairman AM Naik, in an exclusive interaction with Zee Business channel, said that the company will soon receive a big order worth Rs 25,000 crore
Tue, Jul 25, 2023
L&T Q1 Results: Larsen & Toubro (L&T) reported a 46.5 per cent year-on-year (YoY) jump in consolidated net profit to Rs 2,493 crore for the quarter ended June 30, 2023. The construction major's board declared a special dividend of Rs 6 per share and announced a buyback worth up to Rs 10,000 crore.
Larsen and Toubro (L&T) on Tuesday said it has bagged orders in the range of Rs 1,000 crore to Rs 2,500 crore in the power transmission and distribution segments within the country and abroad.
Wed, May 10, 2023
L&T’s consolidated revenue for FY23 stood at Rs 183,341 crore, recording a 17% Y-o-Y growth, aided by strong execution of a large order book in the Infrastructure Projects segment and robust momentum in the IT&TS portfolio.
Mon, Apr 10, 2023
Stock markets today: In its press release, the company said, "The order is for license plus engineering, procurement and construction (L - EPC) of a Technical Ammonium Nitrate (TAN) plant along with Weak Nitric Acid (WNA) plant at Gadepan, Kota, Rajasthan from Chambal Fertilisers and Chemicals Limited (CFCL), a leading fertilizer company in India."
Fri, Mar 31, 2023
Construction major Larsen and Toubro (L&T) on Friday announced bagging multiple 'significant' contracts in the domestic market.
Thu, Mar 23, 2023
Green hydrogen is the hydrogen generated by renewable energy or from low-carbon power. It has significantly lower carbon emissions than grey hydrogen.
Tue, Mar 21, 2023
The scope of work comprises engineering, procurement, construction and installation of offshore structures and upgradation of existing facilities, L&T said.
Tue, Feb 28, 2023
Brokerages are bullish on Aditya Birla Fashion and L&T stocks
Tue, Jan 31, 2023
L&T shares ended a volatile session half a per cent higher at Rs 2,125.1 apiece on BSE after the construction major reported a strong set of quarterly results.
The majority of the brokerages are divided on Tech Mahindra and Punjab National Bank (PNB) stocks a day after their December quarter earnings.
Mon, Jan 30, 2023
According to the Zee Business research report, the company’s revenue was estimated at Rs 44,904 crore in Q3 of FY23.
Tue, Jan 24, 2023
They are also bullish on Larsen & Toubro, but divided on stocks such as Polycab and Container Corp (Concor).
Tue, Jan 17, 2023
Top Gainers & Losers: Thirty-seven stocks in the Nifty50 basket finished the day higher. Larsen & Toubro, Hindustan Unilever, HDFC, HCL Tech, and TCS were the top gainers. On the flipside, SBI, Bajaj Finserv,
Mon, Dec 19, 2022
What's the good news for Larsen & Toubro? Why L&T's big focus is on disinvestment? Why brokerage is positive on Larsen & Toubro? Know full details from Nupur.
Wed, Oct 19, 2022
Brokerages have maintained a Sell rating for L&T Technology Services and have cut the price target.
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