Page 2 - Larsen & Toubro

L&T Technology Services acquires US-based Intelliswift for $110 million

The acquisition, according to the firm, will deepen its offerings across software product development, platform engineering, digital integration, data, and artificial intelligence (AI)

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

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 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 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

Ajit Mishra of Religare Broking suggests buying this stock on October 24

Markets remained volatile and ended slightly lower, taking a breather after Tuesday's decline

Expanding bond market to ease capital needs key to India's $5 trn goal

Nothing illustrates that challenge better than the Rs 47 trillion ($559 billion) corporate bond market. It's one of the world's smallest as a percentage of gross domestic product, at just 16 per cent

Stocks To Watch: RIL, HCLTech, L&T, Adani Power, Atul Auto, SpiceJet

Stock Market Today: RIL reported a 4.8 per cent year-on-year decline in consolidated profit for Q2 FY25, totaling Rs 16,563 crore, and missing analyst expectations.

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

Cap goods, engineering firms see new order wins worth Rs 2 trn in H1FY25

Industry sources estimate sluggish demand for cement, slow awarding for roads in the first half

L&T wins Rs 10K-15K cr power transmission, distribution orders in West Asia

As of June, L&T had an outstanding order book of Rs 4.90 trillion, of which 35 per cent was from West Asia

FIIs up long bets in Nifty, long-short ratio hops to 3:1; retail add shorts

Derivatives market update for Sept 23: FIIs net bought over 1 lakh contracts of Nifty futures and 25,878 contracts of Bank Nifty futures on Friday. Retail investors hold 2 shorts for every long bet.

L&T Semiconductor Technologies, IBM ink pact to develop advanced processors

Under the collab, both IBM and L&T Semiconductor Technologies anticipate focusing on innovation, functionality, and performance to enable reliable, secure, and scalable computing for range of apps

LTIMindtree and L&T Technology Services plug into high-growth nodes

Strategic reboots and fresh opportunities drive broker upgrades for the two L&T subsidiaries

Schneider looks to raise India's share in industrial automation biz to 25%

In 2020, Schneider Electric completed the purchase of Larsen & Toubro's switchgear business which was acquired by Schneider Electric in 2020

Larsen & Toubro bags 'large' order for infra development in Maharashtra

Engineering and construction conglomerate Larsen & Toubro (L&T) on Wednesday said that it has bagged a 'large' order for integrated infrastructure development in Maharashtra. The order has been bagged by the Transportation Infrastructure vertical of L&T, the company said in a stock exchange filing. Orders in the range of Rs 2,500 crore to Rs 5,000 crore are classified as 'large' by the company. "L&T has secured an order for integrated infrastructure development project in town planning schemes 2 to 7 under the Navi Mumbai Airport Influence Notified Area (NAINA) Project in Maharashtra," it said. The project has been awarded by City and Industrial Development Corporation Limited (CIDCO) for integrated infrastructure development of roads, construction of various major and minor structures and allied electrical works. The project also involves construction of utility works and allied electrical works. L&T is a USD 27-billion company engaged in engineering, procurement .

L&T gains 3% on winning large orders; rallies 8% in 3 days post Q1 results

L&T share price had hit a record high of Rs 3,948.60 on June 3, 2024. Meanwhile, The management maintained its guidance of 15 per cent revenue growth and 10 per cent order inflow on the higher base of

L&T likely to outperform guidance after strong Q1 FY25 performance

Assuming valuations at around 30 times price-to-earnings and valuing holdings in listed subsidiaries at a discount of 25% to fair-value, there could still be an upside of 15-20%

L&T Finance Q1 results: Consolidated net up 29% on healthy margins, fees

Its NIM plus fees and other income improved by 144 basis points to 11.08 per cent in Q1FY25 from 9.64 per cent in Q1FY24, LTF said in a statement