Larsen and Toubro

Larsen and Toubro beats estimates in Q4, profit rises 19% to Rs 2450 cr even as order inflows remain weak

Larsen and Toubro (L&T) on Wednesday surprised the street, beating estimates for revenue and net profit for the three months to March.

larsen & toubro

Price target for L&T at Rs 1,416

According to media reports, a consortium of Larsen & Toubro (L&T), Sojitz and Gayatri have emerged as the lowest bidders for civil construction work of the Iqbalgarh-Vadodara...

Larsen & Toubro net rises 19% in the third quarter

Larsen & Toubro, India’s biggest engineering and construction company, on Friday reported a 19% year-on-year rise in consolidated net profits to Rs 1,030 crore for the three months to December.

larsen & toubro

L&T Construction bags Rs 2,871-crore contracts

L&T Construction secured a contract of Rs 1,276 crore in the buildings and factories business, the company said in a statement.

Larsen & Toubro

Buy rating on Larsen & Toubro: Better days lie ahead for L&T

Execution pick up & transitioning balance sheet to drive earnings growth for the company

Downgraded to hold rating on Larsen & Toubro; Growth outlook turns challenging

A combination of increased competition and slower-than-expected recovery in domestic infrastructure and industrial capex sectors hurt L&T’s new orders during Q2FY16 (down 28% y-o-y).

Larsen & Toubro

Where’s the economic recovery?

Indian economy: The sharply lower order flow guidance put out by Larsen and Toubro must come as a wake-up call for the govt. As must the PMI manufacturing print which came in at a 22-month low.

Firms go slow on capex as demand, cash flow down

From Cairn India to Hero MotoCorp, a clutch of corporates is cutting back on capex.

indian rupee vs us dollar

L&T net cuts order guidance to 5-7%; net profit up 15.6% at Rs 996 cr

Larsen and Toubro (L&T), on Friday cut its order inflow guidance for the current year to 5%-7% from 15% indicated earlier, a sign of slowing capital expenditure in the economy.

Credit Suisse downgrades Larsen and Toubro, shares down

Larsen and Toubro shares were trading in negative terrain on Wednesday after rating agency Credit Suisse downgraded its stocks to "neutral" from "outperform" on order inflow worries.

Larsen & Toubro

L&T shares gain over 4% after Citi upgrades

Citi upgraded Larsen and Toubro from 'neutral' to 'buy' and said negative news flow are priced in and now shares of L&T are trading below than their historical mean.

Larsen & Toubro
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