Larsen & Toubro Ltd News

Larsen & Toubro hits all-time high; rallies 6% in 1 week on strong outlook

The stock hit a new high of Rs 3,948, surpassing its previous high of Rs 3,919.90 touched on June 3 and rallied 13 per cent in 12 trading days

Indian stock market could be bottoming out after crash, says Chris Wood

As an investment strategy, Wood has taken exposure in the US-listed online travel company MakeMyTrip in the India long-only portfolio with a 4 per cent weighting

L&T stock gains 2% on healthy profitability outlook

Ind-Ra expects the consolidated order book of L&T to grow at a sustainable pace over FY25-FY26 due to order inflows from both domestic and international segments.

BJP Maha win, global cues. Reasons Sensex rallied 1,300pts intraday Monday

The NSE Nifty topped the 24,300-level, and was up 350 points following BJP-led Mahayuti alliance landslide victory in Maharashtra elections. Index heavyweights SBI and RIL were the top gainers so far.

L&T bags over Rs 15,000 crore NTPC order for thermal power plants

This is one of the biggest order wins for the company in the domestic market

L&T to acquire 21% stake in E2E Networks in two-part Rs 1,406 crore deal

The strategic investment helps expand the company's Cloud service offering as part of the data centre business

Ashish Kacholia portfolio stock up 1645% in 15 months; L&T to buy 21% stake

L&T in an exchange filing today informed that the company has entered into an Investment Agreement on November 5, 2024 for acquisition of up to 21 per cent stake in E2E Networks.

L&T eyes aerospace expansion to ride India's $44 billion market push

BENGALURU (Reuters) - Larsen & Toubro Ltd (L&T), India's largest private-sector defense manufacturer by revenue, is looking to ramp up its aerospace division to strengthen its foothold in the country's burgeoning private space sector, a senior executive said on Thursday.

L&T share price jumps 6% as Q2 results beat street estimates; details here

The rise in L&T share price came after the company reported a healthy set of September quarter numbers on October 30, 2024

Stocks to Watch, Oct 31: Biocon, L&T, Tata Power, RVNL, Zydus Wellness

Stocks to Watch, October 31, 2024: L&T's revenue up 20.63 per cent at Rs 61,554 crore versus Rs 51,024 crore. Ebitda up 12.94 per cent at Rs 6,362 crore versus Rs 5,633 crore

L&T Q2 FY25 results: Net profit increases 5.4% to Rs 3,395 crore

Maintains guidance on order inflow and revenue generation for full-year

L&T Q2 results: Profit rises 5% to Rs 3,395 crore on higher income

Infrastructure major Larsen and Toubro (L&T) on Wednesday posted a 5 per cent rise in consolidated profit after tax to Rs 3,395 crore in the September 2024 quarter on account of higher income. The company's consolidated profit after tax stood at Rs 3,223 crore in the year-ago period, L&T said in a regulatory filing. "The company for the quarter ended September 30, 2024, posted a consolidated Profit After Tax (PAT) of Rs 3,395 crore, registering a growth of five per cent compared to the corresponding quarter of the previous year," the filing said. During the period under review, its consolidated income rose to Rs 62,655.85 crore from Rs 52,157.02 crore in the year-ago period. Its expenses in the September quarter increased to Rs 57,100.76 crore against Rs 47,165.95 crore a year ago. "We have delivered yet another quarter of strong financial performance despite the continuing global macro economic volatility. The projects and manufacturing businesses of the company continue to ..

L&T wins 'major' orders in West Asia, Africa to expand high-voltage grid

The orders are estimated to be valued between Rs 5,000 crore and Rs 10,000 crore

Q2 results today: L&T, Tata Power, P&G, Dabur among 77 to post earnings

Q2FY25 company results: Aditya Birla Capital, Protean eGov Technologies, TTK Prestige, and New India Assurance will release their second-quarter results for the financial year 2024-25 on October 30

L&T Q2 results preview: Profit may rise up to 19% YoY; margins could shrink

L&T Q2 results preview: The engineering, procurement and construction (EPC) major's core revenue is expected to have grown in Q2FY25 as its domestic execution normalises

L&T locks key contract for world's largest nuclear fusion project in France

While the exact worth of the deal was not disclosed but the order was marked as 'significant', which the L&T uses to describe orders valued between Rs 1,000 crore and Rs 2,500 crore

Market crash? Nifty can fall another 1,000 points from here, charts suggest

If the Nifty is unable to sustain above 24,500 levels, technically it can then slip to its 200-DMA placed at 23,365 levels, charts suggest.

L&T partners with US firm to provide clean energy solutions globally

Larsen & Toubro (L&T) on Friday said it has entered into a pact with US-based Clean Core Thorium Energy (CCTE) for providing efficient solutions in clean energy globally. The partnership aims to accelerate nuclear power deployment globally, particularly in developing countries which require large amount of carbon-free electricity for their growth. "Larsen & Toubro...announced the signing of a Memorandum of Understanding (MoU) to collaborate on providing efficient solutions globally in clean energy through CCTE's patented ANEEL (Advanced Nuclear Energy for Enriched Life) fuel," the company said in a filing to BSE. ANEEL is a nuclear fuel that combines thorium and high assay low-enriched uranium. It's designed to be used in pressurized heavy water reactors, such as CANDU (Canadian deuterium-uranium) reactors. This fuel is expected to significantly reduce life-cycle operating costs and the waste produced (by over 85 per cent while improving safety due to its Accident Tolerant

Order pipeline, margin gains positive for Larsen & Toubro's stock

The brokerage believes that the order book would grow at 12 per cent CAGR over FY24-27

L&T eyes role in building NASA's successor to International Space Station

After powering ISRO's space missions for more than five decades, India's largest engineering firm Larsen and Toubro has now set its eyes on the international market, particularly the next International Space Station. L&T was earlier in talks with Jeff Bezo's Blue Origin for supplying orbital launch capabilities and space habitat solutions but the negotiations ran into some difficulties. "Some remnants of that discussion continue till today but now with NASA. So, we are also hopeful that when the US requires its next space station, Indian firms will have a role to play in the supply chain," Vikas Khita, Vice President, L&T Precision Engineering and Systems, told PTI. Khita, who was speaking on the sidelines of an industry meet organised by Geospatial World, said the firm was also interested in building space ports, space parks and manufacturing clusters, areas which are expected to get a boost considering the government's opening up of the space sector for private participation