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L&T: Why Analysts See Good Gains For The Stock?
Larsen and Toubro reported quarterly numbers that were in line with expectations and on some parameters even beat expectations. Post the quarterly results some analysts continue to remain upbeat on the stock. Broking firm Motilal Oswal has revised the target price ...
L&T Shares Surge As Profits Beat Estimates
Shares in Larsen & Toubro surged in trade today, after the company reported a superb set of results for the quarter ending Sept 30, 2016. The company reported a net profit of Rs 1435 crores, which was more or less in ...
Shares in L&T plunge as reported profits lag estimates
Shares in L&T plunged as much as 6 per cent in trade today though the company reported a two-fold increase in profits largely boosted by gain on disinvestments and stake sale in one of its projects. Markets were disappointed as ...
L&T Hydrocarbon secures contracts worth Rs. 1000 crore
L&T Hydrocarbon, a company engaged in providing comprehensive design-to-build engineering and construction solutions to the oil and gas sector, secures new contracts worth Rs. 100 crore from the domestic market. Of the two contracts bagged in the offshore and onshore business ...
L&T shares rally on Barclays upgrade
Infrastructure major L&T saw its stocks rallying in trade following an upgrade by investment bank Barclays. The stock was up almost 2 per cent at Rs 753 on the National Stock Exchange. According to Reuters, Barclays has upgraded L&T to ...
Larsen Q1 2014 net profit at Rs 756 crores; stock crashes
Infrastructure major Larsen and Toubro has reported a hugely disappointing set of numbers with profits after tax coming in at just Rs 756 crores, as against expectations of Rs 900 crores. The company has reported gross revenues of Rs 12,704 ...
L&T Q4 2013 PAT disappoints; declares bonus issue
Infrastructure major Larsen and Toubro reported a disappointing set of Q4 numbers with margins under pressure and net profits coming in at Rs 1788 crores, which was way below consensus estimates. Total Income has increased from Rs. 18775 crores for ...
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