Larsen & Toubro Ltd Share Price (LT)

Navantia and L&T Bid for Amphibious Vessels; L&T's ROCE Rises - 29 Nov, 2023

Larsen & Toubro Ltd is set to potentially gain $70 million from a recent announcement. The company's ROCE has risen by 41% over the past five years, while Navantia and L&T are bidding for four LPD amphibious vessels.

L&T Stock Outlook Positive Amid Strong Order Pipeline - 28 Nov, 2023

Larsen & Toubro (L&T) expects to surpass its order inflow target and revenue growth forecast for FY24. Jefferies reiterates Buy recommendation with a target price of Rs 3400/share. Funds explore exemptions on defense-related ESG concerns.

L&T Orderbook Reaches All-Time High - 27 Nov, 2023

Larsen & Toubro Ltd's orderbook hits an all-time high of Rs 4.5 lakh crore due to a surge in infrastructure-related orders within India and substantial orders from international hydrocarbon markets.

Larsen & Toubro: A Powerhouse in Construtech Sector - 26 Nov, 2023

With a heritage spanning over seven decades, Larsen & Toubro (L&T) is a globally recognized name for infrastructure and technology solutions. The company's multifaceted offerings encompass infrastructure, engineering, construction, manufacturing, and information technology.

Jefferies' Chris Wood Increases Investment in L&T - 24 Nov, 2023

Christopher Wood, the Global Head of Equity Strategy at Jefferies, has increased the weightage of Larsen & Toubro (L&T) by 1% in his India-long portfolio.

L&T Among Top Losers in Nifty50 Index - 23 Nov, 2023

On November 23, 2023, Larsen & Toubro Ltd was among the major laggards on both the Sensex and Nifty indices, falling by over 1%.

L&T Provides Expertise for Rescue Operations; Top Pick by Jefferies Analysts - 22 Nov, 2023

Larsen & Toubro Ltd provides assistance for Uttarakhand tunneling project rescue operations and is named a top Capital Goods & Logistic stock by Jefferies analysts. The Indian Army also involves L&T in an RFI regarding tank overhauls.

L&T Wins Mega Offshore Order; BNP Paribas Initiates Coverage with Buy Recommendation - 21 Nov, 2023

Larsen & Toubro Ltd received a mega offshore order for its hydrocarbon business, while BNP Paribas initiated coverage with a buy recommendation and set a price target of Rs 3,467. The stock was among the laggards on Sensex.

L&T Secures Mega Offshore Order Amidst Tax Penalties - 20 Nov, 2023

Larsen & Toubro Ltd's hydrocarbon business receives a mega offshore order worth between Rs 1000-2500 crore amidst Qatar tax authority imposing penalties of Rs 239.95 crore.

L&T faces penalties worth Rs 239.91 crore from Qatari income tax authorities - 18 Nov, 2023

Qatar's income tax authorities have charged L&T with penalties worth Rs 111.31 crore and Rs 127.6 crore for fiscal year 2017 and 2018, respectively. The company has filed an appeal against the levy of this penalty as it believes it is arbitrary and unjustified. However, there will be no material adverse impact on the company's financial, operations or other activities.

L&T Faces Tax Penalties in Qatar - 17 Nov, 2023

Larsen & Toubro Ltd faces a total tax penalty of Rs 239 crore from Qatar's income tax authorities. The company has filed an appeal against the levy, expressing confidence in a favourable outcome.

Market Expert Expects Good Returns in L&T - 16 Nov, 2023

Dilip Bhatt, a market expert, predicts good returns for Larsen & Toubro Ltd along with ZEE, Sun Pharma, and Tata Motors.

Bharti Airtel, L&T and HUL to See Outflows - 15 Nov, 2023

Bharti Airtel may see outflows of $60 million, while Larsen & Toubro and Hindustan Unilever may see outflows of $57 million and $56 million respectively.

L&T Shows Interest in EV Battery Production Incentive Scheme - 14 Nov, 2023

Larsen & Toubro expresses interest in India's EV battery production incentive scheme while reducing its debt levels.

L&T Shows Interest in EV Battery Manufacturing - 13 Nov, 2023

Larsen & Toubro Ltd. is among the companies that showed interest in a consultation meeting with government officials regarding electric vehicle (EV) battery manufacturing.

L&T Expects Strong Growth in Order Inflow and Revenue Outlook - 12 Nov, 2023

Larsen & Toubro Ltd expects a 15% growth in order inflow for FY24, with a strong revenue outlook for the next 2-3 years. The company's strategic focus on services serves as a safeguard for cash flows, making it an attractive investment option.

L&T Recommended as Long-Term Pick by JM Financial Analyst - 11 Nov, 2023

Nikhil Kapoor of JM Financial Services Ltd recommends Larsen & Toubro Ltd (L&T) as a long-term pick due to its potential benefits from government-funded infrastructure projects and private capex. Additionally, L&T plans to hire over 2,700 fresh graduates from elite colleges.

L&T Stock Surges 52.36% in a Year - 10 Nov, 2023

Larsen & Toubro Ltd's stock has surged by 52.36% in the past year, attributed to a robust YoY increase in revenue from operations and improved execution of orders.

Mixed Sentiments for Larsen & Toubro Ltd Stock - 09 Nov, 2023

While ICICIdirect is bullish on L&T's prospects, a technical analysis suggests buying and accumulating the stock. The company was also among the major gainers on Sensex.

L&T Secures Work Orders; Records Strong Growth - 08 Nov, 2023

Larsen & Toubro Ltd secures significant work orders, records a 19% increase in revenue in Q2, and surpasses profit estimates.