L&T power distribution business secures orders worth Rs 1,000-2,500 cr
New Delhi [India], April 25 (ANI): The power transmission and distribution business of Larsen and Toubro (L&T) Construction has secured “significant” orders in India and overseas. According to a company statement, a significant project means those costing between Rs 1,000 crore and Rs 2,500 crore. It has secured orders to develop distribution infrastructure in two […] Key Points
ThePrintTurning attention to largecaps; 3 stocks on radar: Sanjiv Bhasin
My top pick is Larsen & Toubro. There is a new tie up with Hindustan Aeronautics. Defence now taken centrestage after Chandrayaan 3. And Larsen & Toubro fits the bill perfectly. It is a must-have in a portfolio. Use this correction to buy. Two, I have been very bullish on Apollo Hospital and that could be a very good play for a target of 6,000. Third, I am very bullish on LTIM. In IT, there will be a re-rating and it will be led by LTIM. Key Points
Economic TimesGermany, Spain join Mazagon Dock, L&T in contest for Rs 40,000 crore Indian submarine deal
Indian officials are currently evaluating competing bids to build six of the vessels in the country, senior Indian officials aware of the developments said, asking not to be named because discussions are private. One bid is from Germanys Thyssenkrupp AG along with Mumbai-based Mazagon Dock Shipbuilders Limited, with the other was submitted by Spains Navantia in partnership with private shipyard Larsen & Toubro, the people said. Key Points
Economic TimesIndian shares fall as L&T slides after results disappoint
BENGALURU (Reuters) -Indian shares opened lower on Wednesday, weighed down by a fall in Larsen & Toubro on missing profit estimates, and tracking weakness in broader Asian equities ahead of the U.S. Key Points
ThePrintMarket will reach new high in May; betting on these 3 capex stocks: Sanjiv Bhasin
UltraTech has 138 million tonne capacity. A price rise is just around the corner and once we are through with the monsoon, cement consumption will be at an all time high. So Ultratech Cement and Grasim which is the holding company and the business in VSF VFI is doing extremely well. Lastly, Larsen and Toubro, which has given double-digit guidance. Their order book is at an all time high. Key Points
Economic TimesL&T Energy Hydrocarbon bags Rs 10-15k crore worth orders in Middle East
New Delhi [India], November 20 (ANI): The hydrocarbon business of Larsen and Toubro (L&T) has received a mega offshore order from a “prestigious client” in the Middle East. Any order in the range of Rs 10,000-15,000 crore is considered a mega order. Show Full Article According to a company release issued on Monday, the scope […] Key Points
ThePrintL&T, Spain's Navantia to jointly bid for $5-bln India submarine tender
Engineering and construction major Larsen & Toubro (LART.NS) on Monday said it struck an agreement with Spanish shipbuilder Navantia to bid for a submarine tender by the Indian Navy likely valued at more than 4.8 billion euros ($5.26 billion). Key Points
ReutersIndia's Larsen & Toubro tops Q2 profit estimates on growth in infra projects
India's Larsen & Toubro (L&T)