Wed, Jan 17, 2024
L&T Technology Services shares jumped 3.5% in early trade after reporting positive Q3 results and upbeat management commentary. The company posted a 14.4% on-quarter rise in net profit and maintained its FY24 growth guidance, citing strong deal flow and a potential Q4 surge.
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Tue, Sep 24, 2019
Other Indian companies who managed to hold the position in the list includes Tata Steel (105), Larsen & Toubro (115), Mahindra & Mahindra (117), HDFC (135), Bajaj Finserv (143), Piramal Enterprises (149), Steel Authority of India (153), HCL Technologies (155), Hindalco Industries (157), Wipro (168), HDFC Bank (204), Sun Pharma Industries (217), General Insurance Corporation Of India (224), ITC (231) and Asian Paints (248).
Tue, Sep 03, 2019
Certain stocks came in news after the market was closed on Friday and can have an impact on the market when it reopens today after three days break.
Wed, Feb 08, 2017
To strengthen its data services, BSNL has awarded Larsen & Toubro with Rs 1000 crore contract for setting up more than 35,000 public Wi-Fi hotspots by March 2018.
Mon, Jan 30, 2017
A CLSA report stated that L&T's profit after tax (PAT) was in-line but was much better in quality. "Also, the company's margin was so good that even after provisions of Rs 370 crore it delivered PAT growth of 39% YoY. Inflow (-8%) and execution (+1.4%) were disappointing," CLSA said.
Sat, Jan 28, 2017
Larsen & Toubro (L&T), which today reported a 38.85 % jump in its consolidated net profit at Rs 972 crore for the December quarter, said the government's "cashless economy" efforts have caused "disruption" and its impact on business is yet to be assessed.
Wed, Nov 23, 2016
L&T recently announced its five-year strategy to scale up revenues to Rs 2 lakh crore.
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