L&T INFRASTRUCTURE FUND
L&T to invest in IT services, divest infra assets to be future ready: CEO SN Subrahmanyan
While engineering and construction, and IT services will be key growth drivers going ahead, L&T also plans to rollout two digital platforms in 2021 marking L&T’s foray into the business-to-consumer space.
Despite coronavirus, L&T wins record orders in December quarter
Consolidated net profit increased 5% from a year earlier to 2,467 crore in the quarter ended December 31. Revenue declined 2% to 35,596 crore.
Recovery signs are all there for L&T and its investors, co needs to just do it now
The pace of execution — and revenue recognition — will now determine whether shareholders of India’s biggest engineering company will reap the benefits of the visible recovery.
L&T Q3 results: Net profit rises 5% to Rs 2,467 crore, beats estimates; order book soars 76%
Revenue from operations decreased 1.78 per cent year-on-year to Rs 35,596.42 crore from Rs 36,242.68 reported in the year ago quarter.
Why Reliance may not outperform market in coming quarter
The market is going to wait for GRMs to revive in O2C business as that is still a significant part of the business.
L&T Q3 preview: Profit likely to fall up to 24%, order book seen remaining strong
Brokerage Edelweiss expects the engineering and construction major to log a year-on-year fall of 1.8 per cent in net profit to Rs 2,121 crore in the third quarter of the current financial year.
L&T construction arm bags orders worth up to Rs 5,000 cr in Bangladesh
The engineering and construction company did not provide the exact value of the contract, but as per its project classification, "large" orders are those valued between Rs 2,500 crore and Rs 5,000 crore. The scope of these packages involves design, supply, installation, testing and commissioning of extra high voltage transmission lines on turnkey basis, the company added.
Stocks in focus: Tata Comm, L&T Infotech and more
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L&T, fertiliser stocks could be Budget beneficiaries: Sudip Bandyopadhyay, Inditrade
Government focus on public spending to benefit large construction companies like L&T.
Buy L&T Finance Holdings, target price Rs 110: JM Financial
L&T Finance Holdings Ltd. key Products/Revenue Segments include Dividend which contributed Rs 386.37 Crore to Sales Value (81.26 % of Total Sales).
L&T bags Uttarakhand rail project from Rail Vikas Nigam
The order entails heavy civil infrastructure work for a new broad-gauge line between Rishikesh and Karanprayag in the state of Uttarakhand,running through Himalayan terrain.
L&T receives multiple orders in domestic market
The company did not disclose the value of the contracts but said the orders fall under the "significant" category, which ranges between Rs 1,000 crore and Rs 2,500 crore, according to the classification of contracts.
L&T bags orders up to Rs 2,500 crore for construction jobs
The company said its metallurgical and material handling (MMH) business has received orders to construct a metallurgical plant in the domestic market, add on orders from an overseas package and product supply orders from various customers.
L&T Construction likely to bag rail project connecting Rishikesh and Karnaprayag
The company’s construction arm is likely to bag the Rs 3,338 crore order from Rail Vikas Nigam Ltd, after it outbid Megha Engineering, Afcons Infrastructure and Turkey-based Gulermak in the recently concluded financial bidding process, a person aware of the matter said.