News

Add Larsen and Toubro Ltd For Target Rs. 2,945 - LKP Securities Larsen & Toubro Limited (L&T) reported a good quarter better than estimates led by strong execution and better ordering activity providing healthy execution visibility ahead. L&T (consolidated) reported a healthy 34%/23%/36% YoY growth in revenues/EBITDA/PAT. Ordering inflows surged 57% YoY driven by driven by Rail, Renewables, Rural Water Supply, Power T&D, Building & Factories, and Onshore & Offshore verticals of the Hydrocarbon business. Strong ordering led to the o...
Add Larsen and Toubro Ltd For Target Rs. 2,945 - LKP Securities
Add Larsen and Toubro Ltd For Target Rs. 2,945 - LKP Securities
Source: LKP Securities Ltd
29/07/2023 11:09:01 AM
L&T Technology Services and Thales sign joint commitment to take action for a low-carbon future During the 2023 Paris Air Show, L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a global leading pure-play engineering services company (LTTS), signed a letter of intent with Thales, a global technology leader in the areas of defence and security, aeronautics and space, and digital identity and security, agreeing to work together to tackle climate change in their respective value chains. Thales is working with its strategic suppliers to achieve its CO2 emissions reduction tar...
L&T Technology Services and Thales sign joint commitment to take action for a low-carbon future
L&T Technology Services and Thales sign joint commitment to take action for a low-carbon future
Source: PR Agency
27/06/2023 6:02:07 PM
L&T Technology Services and BSNL join hands to enable private 5G network deployments for enterprises L&T Technology Services (NSE: LTTS), a leading global pure play engineering services company, announced that it has entered into a strategic partnership with Bharat Sanchar Nigam Limited (BSNL) to drive and enable global enterprises in their private 5G network deployments. BSNL and LTTS plan to co-innovate and jointly bring to market private 5G connectivity solutions to accelerate digital transformation for enterprises.   According to the agreement framework signed by both comp...
L&T Technology Services and BSNL join hands to enable private 5G network deployments for enterprises
L&T Technology Services and BSNL join hands to enable private 5G network deployments for enterprises
Source: PR Agency
27/06/2023 9:20:49 AM
Add Larsen and Toubro Ltd For Target Rs.2,654 - LKP Securities Our view L&T reported a mixed set of numbers with 10% YoY revenue growth on the back of decent performance of the Hi-Tech Manufacturing, Energy Projects and IT&TS business. During 4Q, the company recorded OI of Rs761bn, up 3% YoY on a high base led by large order wins from sectors such as Public Spaces, Hydel & Tunnels, Irrigation Systems, Ferrous Metals, Oil & Gas, Power Transmission & Distribution and Defence. Order Book stands at all-time high of Rs4trn (2.2x TTM rev...
Add Larsen and Toubro Ltd For Target Rs.2,654 - LKP Securities
Add Larsen and Toubro Ltd For Target Rs.2,654 - LKP Securities
Source: Yes Securities
21/05/2023 3:09:52 PM
Buy Larsen and Toubro Ltd For Target Rs.2,442 - LKP Securities Descent quarter, outlook stays strong L&T reported a descent quarter largely in-line with estimates. Order inflow remained strong during Q3 and is on track to achieve revenue and order inflow guidance of 12-15% while Company’s consolidated Revenues/Ebitda/PAT growing at 17%/12%/18% YoY while core sales grew 17% YoY on better execution. Margins witnessed pressure (contracted 60 bps) on account of adverse job mix, cost pressure and closure related cost. Given margin pressure witnes...
Buy Larsen and Toubro Ltd For Target Rs.2,442 - LKP Securities
Buy Larsen and Toubro Ltd For Target Rs.2,442 - LKP Securities
Source: LKP Securities Ltd
13/03/2023 12:50:10 PM
Larsen & Toubro and H2Carrier AS sign MoU Mumbai: Larsen & Toubro, an Indian multi-national engaged in EPC Projects, Hi-Tech Manufacturing, and Services, announced today the signing of a Memorandum of Understanding (MoU) with the Norway-based H2Carrier (H2C) to co-operate towards developing floating green ammonia projects for industrial-scale applications with an aim to decarbonise the global economy. H2C has proven expertise in developing and integrating Power-to-X (PtX) projects based on affordable, often stranded, non-commerci...
Larsen & Toubro and H2Carrier AS sign MoU
Larsen & Toubro and H2Carrier AS sign MoU
Source: PR Agency
13/01/2023 6:29:44 PM
India`s Edelweiss acquires L&T-CPPIB infrastructure project for $725 million Canadian pension fund CPP Investments Board and construction firm Larsen and Toubro said they have sold the entire stake in their joint venture to Indian investment firm Edelweiss for 60 billion Indian rupees ($725.46 million) The joint venture called L&T Infrastructure Development Projects Limited owned eight roads and one power transmission asset in India. The deal is subject to regulatory approval and other conditions but will give Edelweiss' platform 26 assets with a mix of ...
India`s Edelweiss acquires L&T-CPPIB infrastructure project for $725 million
India`s Edelweiss acquires L&T-CPPIB infrastructure project for $725 million
Source: Reuters
17/12/2022 4:20:45 PM
Add Larsen and Toubro Ltd For Target Rs.2,146 - Yes Securities Robust execution; 2H set to see an uptick Our view L&T reported a strong set of numbers led by pick?up in execution in its core infra segment and IT&TS business. Segments such as Infrastructure (up 39% YoY) and IT&TS (up 29% YoY) reported strong revenue growth. During 2Q, the company recorded healthy OI of Rs519bn, up 23% YoY led by large order wins from sectors such as Public Spaces, Nuclear Power, Irrigation, Ferrous Metal, Health, Renewables and Refinery. Order Book stand...
Add Larsen and Toubro Ltd For Target Rs.2,146 - Yes Securities
Add Larsen and Toubro Ltd For Target Rs.2,146 - Yes Securities
Source: Yes Securities Ltd
16/12/2022 10:57:19 AM
Add Larsen and Toubro Ltd For Target Rs.2,262 - ICICI Securities Order inflow momentum likely to continue * Larsen & Toubro (L&T’s) recent performance in terms of strong execution and order inflow growth, is a clear reflection of the government’s continued capital investment supported by structural reforms, robust tax collections and improving supply chain bottlenecks. The company witnessed an impressive 23% YoY revenue growth in H1FY23, and is currently at its highest-ever order book value of Rs3.72trn (3.1x TTM core business). This...
Add Larsen and Toubro Ltd For Target Rs.2,262 - ICICI Securities
Add Larsen and Toubro Ltd For Target Rs.2,262 - ICICI Securities
Source: ICICI Securities
3/12/2022 12:38:21 PM
Q2 roundup: Indian companies get festive boost; almost 62% post profit rise Almost two-thirds of the near 200 Indian companies with market capitalization of $100 million and more have reported a rise in profit for the September quarter, data tracked by Reuters showed Of the 191 companies tracked, 118 reported a rise in profit, Refinitiv data showed, with almost 90% of those logging in a rise in quarterly revenue. Apparel retailers, restaurants, banks, construction companies all saw a rise in sales and orders, as the country geared up for the first pandemic-free...
Q2 roundup: Indian companies get festive boost; almost 62% post profit rise
Q2 roundup: Indian companies get festive boost; almost 62% post profit rise
Source: Reuters
10/11/2022 2:18:27 PM
L&T Realty, CapitaLand to develop 6 mn sq ft office space in India L&T Realty, the real estate development arm of Larsen and Toubro and Singapore-listed CapitaLand India Trust Management Pte. Ltd, trustee-manager of CapitaLand India Trust (CLINT) have entered into a non-binding term sheet for a commercial platform to develop close to six million square feet of prime office spaces in India. The office spaces will be developed across Bengaluru, Chennai and Mumbai. Under this platform, L&T will build and develop office spaces while CLINT will mark...
L&T Realty, CapitaLand to develop 6 mn sq ft office space in India
L&T Realty, CapitaLand to develop 6 mn sq ft office space in India
Source: IANS
7/11/2022 4:12:40 PM
Buy Larsen and Toubro Ltd For Target Rs.2,281 - LKP Securities L&T being the largest infrastructure and capex play with proven execution record yet again delivered another strong quarter on all fronts beating estimates across revenue/Ebitda/PAT with strong order inflow which remained better than our and street estimates. Company’s consolidated Revenues/Ebitda/PAT grew at 23%/23%29% YoY while core sales grew 39% YoY on improved execution. Consolidated margins was stable YoY due to improved performance in financial services and Hyderabad Metro, w...
Buy Larsen and Toubro Ltd For Target Rs.2,281 - LKP Securities
Buy Larsen and Toubro Ltd For Target Rs.2,281 - LKP Securities
Source: LKP Securities Ltd
3/11/2022 12:40:24 PM
Indian firms` fundraise via public bond sales to double in H2 - analysts Indian corporates are likely to raise double the amount of funds through the public issue of bonds in the second half of this fiscal than they did in the first, as tighter systemic liquidity and lower fixed deposit rates make these instruments attractive, analysts said. "There is a vast pipeline of companies waiting to tap the public issue route and we may see them raising around 60 billion Indian rupees ($724.5 million) over the next four to five months," said Ajay Manglunia, ma...
Indian firms` fundraise via public bond sales to double in H2 - analysts
Indian firms` fundraise via public bond sales to double in H2 - analysts
Source: Reuters
21/10/2022 9:30:14 AM
Stock Picks - Bharat Electronics Ltd and Larsen and Toubro Finance holding Ltd By ICICI Direct Bharat Electronics Ltd Buy Bharat Electronics Ltd @287.50-288.50 CMP 289.10 Stop Loss 285.20 Target 290.70/293.50   Larsen and Toubro Finance holding Ltd Buy Larsen and Toubro Finance holding Ltd @72.50-73.00 CMP 72.90 Stop Loss 73.70 Target 71.80/71.00   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://secure.icicidirect.com/Content/StaticDat...
Stock Picks - Bharat Electronics Ltd and Larsen and Toubro Finance holding Ltd By ICICI Direct
Stock Picks - Bharat Electronics Ltd and Larsen and Toubro Finance holding Ltd By ICICI Direct
Source: ICICI Direct
23/08/2022 11:25:26 AM
Key Stock News - Larsen and Toubro, Hindustan Zinc, Tata Steel, Vedanta, ICICI Pru Life - ARETE Securities Key News L&T aims to grow IT & Tech services revenue to high teens by 2026 Engineering giant Larsen & Toubro (L&T) is aiming to grow the Information Technology (IT) services and technology services (TS) revenue contribution to the group to high teens by 2026, said the company in its FY22 annual report. “The IT&TS businesses will continue to balance the risk and cyclicality associated with the traditional projects and manufacturing segment. The momentum from exi...
Key Stock News - Larsen and Toubro, Hindustan Zinc, Tata Steel, Vedanta, ICICI Pru Life - ARETE Securities
Key Stock News - Larsen and Toubro, Hindustan Zinc, Tata Steel, Vedanta, ICICI Pru Life - ARETE Securities
Source: ARETE Securities Ltd
18/07/2022 9:42:32 AM
Stock Picks - Larsen and Toubro Infotech Ltd and Ultratech Cements​​​​​​​ Ltd By ICICI Direct Larsen and Toubro Infotech Ltd Buy Larsen and Toubro Infotech Ltd @ 7920.00-7926.00 CMP 7965.95 Stop Loss 7867.70 Target 7973.00/8023.00   Federal Bank Ltd   Buy Federal Bank Ltd @ 5985.00-5990.00 CMP 5994.10 Stop Loss 6029.30 Target 5951.00/5917.00   To Read Complete Report & Disclaimer Click Here   https://secure.icicidirect.com/Content/StaticData/Discla...
Stock Picks - Larsen and Toubro Infotech Ltd and Ultratech Cements​​​​​​​ Ltd By ICICI Direct
Stock Picks - Larsen and Toubro Infotech Ltd and Ultratech Cements​​​​​​​ Ltd By ICICI Direct
Source: ICICI Direct
3/06/2022 10:16:14 AM
Buy Larsen and Toubro Ltd Target Rs.2020 - Religare Broking Religare Super Idea   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.religareonline.com/disclaimer SEBI Registration number is INZ000174330   Above views are of the author and not of the website kindly read disclaime
Buy Larsen and Toubro Ltd Target Rs.2020 - Religare Broking
Buy Larsen and Toubro Ltd Target Rs.2020 - Religare Broking
Source: Religare Broking Ltd
8/11/2021 11:16:54 AM
Stock Picks - Larsen & Toubro Ltd and Mahindra & Mahindra Financial Services Ltd By ICICI Direct Larsen & Toubro Ltd Buy Larsen & Toubro Ltd @ 1910.00-1915.00 CMP 1911.10 TGT 1950.00 SL 1893.40   Mahindra & Mahindra Financial Services Ltd Buy Mahindra Financial Services Ltd @ 196.00-197.00 CMP 196.15 TGT 200.30 SL 194.60   To Read Complete Report & Disclaimer Click Here   https://secure.icicidirect.com/Content/StaticData/Disclaimer.html   Views expres...
Stock Picks - Larsen & Toubro Ltd and Mahindra & Mahindra Financial Services Ltd By ICICI Direct
Stock Picks - Larsen & Toubro Ltd and Mahindra & Mahindra Financial Services Ltd By ICICI Direct
Source: ICICI Direct
8/11/2021 11:08:30 AM
Buy Larsen & Toubro Ltd Target Rs. 70 - Religare Broking Religare Super Idea   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at https://www.religareonline.com/disclaimer SEBI Registration number is INZ000174330   Above views are of the author and not of the website kindly read disclaimer
Buy Larsen & Toubro Ltd Target Rs. 70 - Religare Broking
Buy Larsen & Toubro Ltd Target Rs. 70 - Religare Broking
Source: Religare Broking Ltd
7/10/2021 10:46:11 AM
Quote on Larsen and toubro Ltd 1QFY22 Result By Mr. Amarjeet Maurya, Angel Broking Ltd Below is quote on Larsen and toubro -1QFY22 Result by Mr. Amarjeet Maurya, AVP - Mid Caps, Angel Broking Ltd For 1QFY2022, Larsen and toubro Ltd (L&T)’s consolidated top-line reported growth of ~38% yoy to Rs29,335cr on back of healthy execution of projects despite the second wave of Covid-19 affecting operations at many locations.The International revenues during the quarter at  Rs11,186cr constituted ~38% of the total revenue.  On the operating profi...
Quote on Larsen and toubro Ltd 1QFY22 Result By Mr. Amarjeet Maurya, Angel Broking Ltd
Quote on Larsen and toubro Ltd 1QFY22 Result By Mr. Amarjeet Maurya, Angel Broking Ltd
Source: Angel Broking Ltd
27/07/2021 10:30:56 AM
Key News - Vodafone Idea Ltd, Bharti Airtel Ltd, Larsen and Toubro Ltd, Srei Infrastructure Finance Ltd, Zomato by ARETE Securities Key News Voda Idea seeks 1-year moratorium on Rs 8,200 cr spectrum instalment Vodafone Idea (Vi) has approached the government to seek one-year moratorium on payment of spectrum instalment of over Rs 8,200 crore, due in April 2022. Vi, in a letter to the telecom secretary on June 25, 2021, said it would be “unable to pay the instalment of Rs 8,292 crore due on April 9, 2022” due to “cash being used for payment of AGR (Adjusted Gross Revenue) dues and the inability of t...
Key News - Vodafone Idea Ltd, Bharti Airtel Ltd, Larsen and Toubro Ltd, Srei Infrastructure Finance Ltd, Zomato by ARETE Securities
Key News - Vodafone Idea Ltd, Bharti Airtel Ltd, Larsen and Toubro Ltd, Srei Infrastructure Finance Ltd, Zomato by ARETE Securities
Source: ARETE Securities Ltd
2/07/2021 8:52:22 AM
Buy Larsen and Toubro Limited Target Rs. 1500 - Religare Broking Religare Super Idea   To Read Complete Report & Disclaimer Click Here     Please refer disclaimer http://ex.religareonline.com/disclaimer SEBI Registration number is INZ000174330   Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaime
Buy Larsen and Toubro Limited Target Rs. 1500 - Religare Broking
Buy Larsen and Toubro Limited Target Rs. 1500 - Religare Broking
Source: Religare Broking Ltd
25/05/2021 10:02:05 AM
Buy Larsen and Toubro Ltd For Target Rs.1,640 - ICICI Direct Execution gradually regaining ground amid recovery L&T’s adjusted standalone revenues (ex-E&A business) for the quarter degrew 1.3% YoY to | 19619.8 crore vs. our estimate of | 19984.8 crore. On standalone basis, infrastructure segment revenue (contributing ~77%) fell 7.9% to | 15106.8 crore YoY due to job mix and site productivity though execution improved sequentially due to higher work force mobilisation and supply chain normalisation. On a consolidated basis, adjusted re...
Buy Larsen and Toubro Ltd For Target Rs.1,640 - ICICI Direct
Buy Larsen and Toubro Ltd For Target Rs.1,640 - ICICI Direct
Source: ICICI Direct
8/02/2021 9:55:52 AM
Larsen and Toubro Ltd : Healthy core margins; Execution to pick up - Yes Securities Buy Larsen and Toubro Ltd For Target Rs.1,584 Healthy core margins; Execution to pick up L&T delivered healthy operational performance despite commodity price headwinds (Core EBITDA margins of 10.2%, up 80 bps yoy) led by efficient execution, favorable job mix & sale of commercial space by realty. Core business execution has almost reached to normalization level in Q3FY21 barring few project sites. We expect L&T’s execution to gain traction in next few quarters on the...
Larsen and Toubro Ltd : Healthy core margins; Execution to pick up - Yes Securities
Larsen and Toubro Ltd : Healthy core margins; Execution to pick up - Yes Securities
Source: Yes Securities Ltd
27/01/2021 10:59:21 AM
Larsen and Toubro Ltd : 3QFY21 By Mr. Keshav Lahoti, Angel Broking Below are Views On Larsen and Toubro Ltd : 3QFY21 By Mr. Keshav Lahoti, Associate Equity Analyst, Angel Broking Ltd L&T Gross Revenues was Rs35,596 crore for the quarter ended December 31, 2020, registered a sequential growth of 15%. The Covid-19 restrictions continued to have an impact on project site execution and Hyderabad metro operations that led to a marginal decline in revenue of 2% over the corresponding quarter of the previous year. Consolidated Profit After Tax (PAT) for...
Larsen and Toubro Ltd : 3QFY21 By Mr. Keshav Lahoti, Angel Broking
Larsen and Toubro Ltd : 3QFY21 By Mr. Keshav Lahoti, Angel Broking
Source: Angel Broking Ltd
26/01/2021 10:51:06 AM