Larsen & Toubro Ltd News

L&T plans to exit road, power concessions, incubate digital business_65278

Company aims to touch revenue of Rs 2.7-3 trillion, achieve order inflow of Rs 3.4 trillion and return on equity of over 18 per cent by FY26

Margin worries to persist for L&T over inflation, supply chain concerns_62698

While target prices indicate healthy upside, the stock has been an underperformer

Stocks to Watch: L&T, Tata Motors, Siemens, Apollo Tyres, HCC, HP Adhesives_62393

Stocks to Watch Today: Bandhan Bank, BoB, Eicher Motors, Escorts, REC, SBI, Tech Mahindra and UCO Bank are likely to be in focus ahead of Q4 results; Delhivery and Venus Pipes IPOs close on Friday.

L&T Q4 net increases 10% to Rs 3,621 cr, firm declares dividend of Rs 22_62301

L&T admitted that volatility in the price of crude oil and other commodities owing to geopolitical uncertainties was pushing up input prices

L&T Q4 net profit rises 10% to Rs 3,621 cr, firm declares dividend of Rs 22_62187

Company reports 10% jump in consolidated revenue at Rs 52,851 cr

Top headlines: Retail inflation soars to 7.79% in Apr; L&T Q4 net rises 10%_62223

Business Standard brings you the top headlines on Thursday

IIT-M team working on hyperloop project to get funds from L&T arm_61889

A team of IIT-Madras students working on the development of a hyperloop system on Wednesday said that an arm of engineering, procurement and construction major Larsen & Toubro will give funds and technical support to the project. L&T Technology Services, which focuses on rendering engineering services, will provide funds and technical support to Team Avishkar's hyperloop project, which features high-speed train travel in near-vacuum tubes at a speed of over 1,200 kilometre per hour, an official statement said. Avishkar is aiming to build the world's largest student-developed hyperloop testing facility at IIT-Madras, and is hoping to complete the construction of this 500-metre hyperloop by this year. This facility will be constructed at the Discovery campus, the satellite campus of IIT Madras located about 35 km from the main institute. A number of companies have proposed building a hyperloop system in the country on routes like Mumbai-Pune or Chandigarh-Amritsar. Though the ...

L&T Infotech and Mindtree to merge to create $22-bn firm: Report_54516

The boards of Mindtree Ltd. and Larsen & Toubro Infotech Ltd., two software units, could consider share swap ratios.

Dilip Buildcon, IRB, Simplex Infra: Infra-related stocks can gain up to 10%_52532

Larsen & Toubro and Engineers India need to hold above the key levels for further upside.

Current slowdown could be temporary, multiple long-term triggers in L&T_52030

Q4 is expected to be soft and any corrections could offer a good entry in the stock

Bajaj Auto, DLF, SBI: Strategies for rate sensitive stocks post RBI policy_51871

AU Small Finance Bank and Bajaj Auto seem well placed on the technical charts and should be able to witness decent gains in the weeks ahead.

Foreign investors likely to return to Indian equities soon: Chris Wood_44696

Foreign portfolio investors exited India in droves and have sold stocks since October 2021 amid fears of an earlier and faster-than-expected rate hike by the US Federal Reserve (US Fed)

L&T launches B2B e-commerce platform L&T-SuFin to expand service biz_40675

The platform is targeted at MSMEs to enable them to source their industrial supplies pan-India, digitally

India's Green Hydrogen Policy to benefit RIL, Tata Power the most: Analysts_35051

RIL has already spent $1.4 billion to acquire technologies across the solar battery and hydrogen ecosystems

Larsen & Toubro bags significant offshore projects from overseas client_30203

Larsen & Toubro (L&T) on Thursday said its hydrocarbon business has bagged two 'significant' offshore projects from an overseas client. As per the company, a significant order is valued at Rs 1,000-2,500 crore. The scope of work comprises engineering, procurement, construction, installation and commissioning for the expansion of a marine terminal and replacement of electrical switchgear and protection equipment at existing facilities. "The hydrocarbon business of Larsen & Toubro has secured two offshore projects from a prestigious overseas client," the company said in a statement. L&T is currently executing several domestic and international offshore projects. The company is also committed to building its regional presence in geographies that it operates in by growing local skills and talent, improving procurement from local vendors, engaging commercially with local contractors on the foundation of a sustainable workload. The hydrocarbon business organised under ...

Larsen & Toubro's construction arm bags 'significant' order in Bangladesh_29591

Larsen & Toubro (L&T) on Wednesday said that its construction arm has bagged a 'significant' order to construct hi-tech IT parks at eight locations across Bangladesh. This project is being funded by the Indian EXIM Bank and is the first IT and office space order that L&T has secured in Bangladesh. "The construction arm of Larsen & Toubro has secured an order from the Bangladesh Hi-Tech Park Authority to construct Hi-Tech IT Parks at 8 locations (2 packages at 4 locations each) across Bangladesh," the company said in a statement. The company did not provide the value of the contract, but said the order falls under the significant category, which ranges between Rs 1,000 crore and Rs 2,500 crore, according to the classification of contracts. The major scope of work for the project comprises procurement and construction of seven-storied structural steel buildings at all eight locations. The scope also includes lift, electrical, fire fighting system and public health ...

LT, Siemens, UltraTech: 5 infra-related stocks to bet on post Budget_25977

Infra related stocks can easily see a jump of 10 per cent in quick time

L&T: Order execution, new initiatives key to long-term growth, say analysts_25324

Long-awaited growth pick-up along with muted orders may weigh on Larsen and Toubro's stock in the near-term

Larsen & Toubro slips 2% post December quarter results_25285

The company bagged orders worth Rs 50,359 crore during Q3, down 31% YoY, as the previous year had the benefit of the company securing its biggest ever EPC contract for Mumbai Ahmedabad High Speed Rail

Stocks to Watch: L&T, Vedanta, NTPC, MCX, Dr.Reddy's, CBI, AU SFB, Textiles_25234

BPCL, DLF, Dwarikesh Sugar, Exide, GIC Housing, HDIL, HPCL, IOC, Jindal Saw, KEC Intl, KPIT Tech, Krsnaa Diagnostics, SCI, Sun Pharma, Suven Life, Tata Motors and UCO Bank in focus ahead of Q3 results