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.
Thu, Oct 13, 2022
Mindtree Limited reported a marginal decline in its Quarter-on-Quarter attrition over the Last Twelve Months (LTM) at 24.1 per cent in June-September 2022 quarter. In Q1FY23, the Larsen & Toubro-backed company had reported 24.5 per cent attrition rate on LTM basis.
Here are all the LIVE UPDATES on Mindtree Quarterly Results, Q2FY2023 Earnings Announcement:-
Wed, Jul 27, 2022
The engineering and construction major had on Tuesday reported nearly 45 per cent jump in its consolidated profit to Rs 1,702 crore for the first quarter of the current fiscal as compared to Rs 1,174 crore in the year-ago period.
Tue, Mar 08, 2022
The company was set to empower businesses, particularly micro, small, and medium enterprises, by enabling them to source industrial goods digitally and cost-effectively across India through the B2B e-commerce platform.
Fri, Dec 31, 2021
The benchmark indices have given over 20 per cent return in one year so far. The buying interest was broadly seen from all sectors.
Sun, Jun 06, 2021
Big development for Mazagon Dock and Larsen & Toubro (L&T). The Ministry of Defense has given its approval to a proposal given to it by the Indian Navy. The tender for 6 conventional tenders will soon be released. The estimated value of this order is around Rs 43,000 cr. This will be the first project under the Strategic Partnership Policy launched by the government in May 2017
Mon, Mar 29, 2021
L&T Technology Services’ management is confident of delivering strong revenue growth going ahead, given rising spends on digital engineering, prudent client mining strategy, broader vertical mix, internal change in portfolio mix, aggressive strategy to participate in customers’ cost take-out initiatives, and increased outsourcing activities. L&T Technology Services has been strengthening its capabilities in digital technologies across all its verticals to capture the opportunities.
Mon, Mar 22, 2021
Anand Rathi is upbeat about L&T as one of the key beneficiaries of infra-structure development for 90% of the addressable opportunity in the government’s Rs 102 trn planned investment over FY20-25 under the flagship NIP. Anand Rathi expects hydrocarbon capex in the Middle East to revive because of rising crude-oil prices. L&T Management is firm about restructuring non-core assets such as the Hyderabad metro-rail, power projects and road assets, which have been impacting return ratios.
Tue, Feb 23, 2021
Larsen and Toubro remains at the forefront to reap benefits from the recently-announced Budget 2021, with the government’s focus on reviving infrastructure spends and promoting domestic manufacturing. Apart from a higher allocation, focus has been to promote domestic manufacturing and efforts to ensure additional funding avenues for infrastructure.
Fri, Jan 01, 2021
Larsen & Toubro (L&T) on Friday said its construction arm has won significant contracts in domestic and overseas markets.
Wed, Oct 28, 2020
Larsen and Toubro announced Rs 18 of special dividend ( 1.8% yield) and is at the lower end of the market expectations.
Mon, Jul 27, 2020
"To ensure that the PMa¿s thrust on self-dependence achieves the desired outcomes swiftly, it is essential for the government to introduce much-needed reforms in several areas including land acquisition, competency and skill building. In tandem, the administration would do well to streamline processes and accelerate the pace of decision making," Naik said.
Tue, Sep 24, 2019
Other Indian companies who managed to hold the position in the list includes Tata Steel (105), Larsen & Toubro (115), Mahindra & Mahindra (117), HDFC (135), Bajaj Finserv (143), Piramal Enterprises (149), Steel Authority of India (153), HCL Technologies (155), Hindalco Industries (157), Wipro (168), HDFC Bank (204), Sun Pharma Industries (217), General Insurance Corporation Of India (224), ITC (231) and Asian Paints (248).
Tue, Sep 03, 2019
Certain stocks came in news after the market was closed on Friday and can have an impact on the market when it reopens today after three days break.
Sun, Sep 01, 2019
L&T Construction received engineering, procurement and construction contract for the Greenfield Navi Mumbai International Airport from GVK’s step down subsidiary Navi Mumbai International Airport Private Limited (NMIAPL).
Thu, Jul 25, 2019
L&T share price is expected to grow around 24 per cent in one year and can show Rs 1,720 per stock levels, say stock market experts.
Wed, Jul 24, 2019
YES Securities retained L&T's FY20 revenue growth and order inflow guidance at 12-15 percent and 10-12 percent, respectively.
L&T Finance Holdings Gross Stage 3 has declined Year-on-Year and stands at 5.7% at present and the Net stage 3 is below 2.5%, says Dinanath Dubhashi, Managing Director & CEO, L&T Finance Holdings Ltd.
Tue, Jul 23, 2019
Weighing 3,850 tonnes, the cryostat base manufactured by the Indian company Larsen & Toubro (L&T) Ltd in its industrial facilities in Hazira in Gujarat is the largest vacuum vessel ever built out of stainless steel.
Thu, Jul 18, 2019
Mindtree share price: Uncertainty in business and management is one of the major reasons for the current weakness in the IT counter.
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