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Larsen & Tourbo

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

L&T share price jumps 6% as Q2 results beat street estimates; details here
Updated On : 31 Oct 2024 | 9:37 AM IST

Larsen & Toubro unit wins major energy management projects in South India

L&T DES will implement these Energy Management Systems across Andhra Pradesh, Kerala, Puducherry, Tamil Nadu, and Telangana

Larsen & Toubro unit wins major energy management projects in South India
Updated On : 30 Sep 2024 | 3:41 PM IST

L&T eyes up to Rs 40,000 crore in pre-sales from real estate business

Plans land acquisition, seeks to add 25-30 million SQFT per year to portfolio

L&T eyes up to Rs 40,000 crore in pre-sales from real estate business
Updated On : 29 Sep 2024 | 11:01 PM IST

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

L&T Semiconductor Technologies, IBM ink pact to develop advanced processors
Updated On : 10 Sep 2024 | 4:55 PM IST

L&T group facing shortage of over 45K labourers and engineers: Chairman

This is not the first time that the company is going public with the challenges on manpower. Subrahmanyan had last year also said that it is facing challenges despite wanting to hire over 30K labour

L&T group facing shortage of over 45K labourers and engineers: Chairman
Updated On : 26 Jun 2024 | 11:03 PM IST

Larsen and Toubro bags multiple orders for buildings, factories business

Engineering and construction conglomerate Larsen & Toubro (L&T) on Friday said its buildings and factories business vertical has bagged multiple orders. The company has bagged a project from the Institute of Neurosciences Kolkata, for constructing a medical college and hospital campus in Kolkata on a design and build mode. This involves a 605-bed hospital and a medical college. The project is to be executed in two phases over a period of 60 months. The scope of work includes civil structure and external development works. L&T's Buildings and factories business has also received several add-on orders. Larsen & Toubro is a 27 billion dollar Indian multinational enterprise engaged in Engineering, Procurement, and Construction (EPC) projects, hi-tech manufacturing and services operating across multiple geographies.

Larsen and Toubro bags multiple orders for buildings, factories business
Updated On : 17 May 2024 | 12:36 PM IST

Quantifying capex is reassuring but expect it to change in July: L&T CFO

I was just expecting her to say we will continue to keep focus on infra, he says

Quantifying capex is reassuring but expect it to change in July: L&T CFO
Updated On : 03 Feb 2024 | 12:21 AM IST

L&T Construction to build Bhogapuram International Airport, Andhra Pradesh

In a regulatory filing, L&T said that the project will be developed to handle 6 million passengers per annum initially

L&T Construction to build Bhogapuram International Airport, Andhra Pradesh
Updated On : 06 Nov 2023 | 11:52 AM IST

A M Naik, 81 steps down as chairman of L&T; S N Subrahmanyan takes charge

A M Naik stepped down as the chairman of L&T Group on Saturday. He handed over the reins of the USD 23 billion conglomerate to S N Subrahmanyan at an event in Mumbai. Naik, 81, will now be the chairman of the employees trust. He will focus on increasing many philanthropic initiatives that he has been undertaking for the past few years, according to a statement. India Post unveiled a postage stamp on Naik on the occasion. Naik's attention going forward will be on his philanthropic initiatives, including the Naik Charitable Trust which focuses on education and skill-building of the underprivileged, and the Nirali Memorial Medical Trust dedicated to facilitating super speciality healthcare at subsidised cost. Naik joined the company in 1965 as a junior engineer and went on to become its Group Chairman. In the nearly three decades in leadership roles, Naik helped the company grow to its present size and stature, the statement said.

A M Naik, 81 steps down as chairman of L&T; S N Subrahmanyan takes charge
Updated On : 30 Sep 2023 | 10:13 PM IST

Centum, HAL: Chandrayaan-3 soft landing can see related stks jump up to 15%

Shares related to Chandrayaan-3 may rise up to 15 per cent in the upcoming sessions, as per their respective technical chart patterns

Centum, HAL: Chandrayaan-3 soft landing can see related stks jump up to 15%
Updated On : 24 Aug 2023 | 11:30 AM IST

German, Indian defence majors near deal to build submarine in India

Thyssenkrupp AG's marine arm and Mazagon Dock Shipbuilders Limited are likely to jointly bid for an approximate $5.2 billion project to build six submarines for the Indian navy

German, Indian defence majors near deal to build submarine in India
Updated On : 06 Jun 2023 | 7:19 PM IST

Sensex, Nifty end flat after choppy day; financials fall, Godrej Prop up 9%

CLOSING BELL: Bajaj Finance, Asian Paints, IndusInd Bank, ICICI Bank, Nestle India, HUL, Reliance Industries, HDFC Bank, Axis Bank, and SBI were the top laggards on the Sensex index

Sensex, Nifty end flat after choppy day; financials fall, Godrej Prop up 9%
Updated On : 10 Apr 2023 | 4:13 PM IST

To ease debt, L&T looks to offload Nabha Power, pare Hyd Metro stake

The objective is to reduce the Rs 18,000-crore debt on the books of these firms, said D K Sen, whole-time director and senior executive vice-president (development projects), L&T

To ease debt, L&T looks to offload Nabha Power, pare Hyd Metro stake
Updated On : 20 Dec 2022 | 12:36 AM IST

Ongoing divestment, healthy order inflows positive for Larsen & Toubro

Analysts expect a 12-15 per cent upside from current levels

Ongoing divestment, healthy order inflows positive for Larsen & Toubro
Updated On : 19 Dec 2022 | 11:26 PM IST

Capital goods stocks may re-rate on Govt capex push, firm demand: Analysts

Inflation remains a key risk for margins amid geopolitical tensions. But, analysts expect this to improve from the second half of FY23 due to declining commodity prices and strong order inflows

Capital goods stocks may re-rate on Govt capex push, firm demand: Analysts
Updated On : 21 Sep 2022 | 10:14 PM IST

Climate change as business: Crisis, opportunity and everything in between

As the world changes with changing realities, some businesses will suffer. But in any case India has an unplanned advantage: It has to destroy less of the old to make way for the new, writes T N Ninan

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Updated On : 16 Sep 2022 | 10:12 PM IST

F&O Strategy: Nandish Shah recommends a Bull Spread on L&T for July expiry

The technical analyst from HDFC Securities recommends buying L&T 1700 Call and simultaneously selling 1800 Call of the July expiry.

F&O Strategy: Nandish Shah recommends a Bull Spread on L&T for July expiry
Updated On : 06 Sep 2022 | 6:02 PM IST

L&T beats estimates as Q1 net profit surges 45% YoY to Rs 1,702 crore

But sequentially, it declines 53% amid inflationary pressure & Rs depreciation

L&T beats estimates as Q1 net profit surges 45% YoY to Rs 1,702 crore
Updated On : 26 Jul 2022 | 11:37 PM IST

L&T Q1FY23 results: How the company performed in the last four quarters

Larsen & Toubro has seen a steady rise in net profits over the previous four quarters

L&T Q1FY23 results: How the company performed in the last four quarters
Updated On : 19 Jul 2022 | 7:00 AM IST

L&T CEO Subrahmanyan gets 115% jump in salary in FY22 as business grows

Total compensation of L&T's executive directors (including Subrahmanyan) in FY22 was 120 to 670 times the median remuneration of the company's employees, data from its FY22 annual report shows

L&T CEO Subrahmanyan gets 115% jump in salary in FY22 as business grows
Updated On : 14 Jul 2022 | 1:05 AM IST