L&T has secured a substantial new contract valued between ₹10 billion and ₹25 billion, strengthening their order book significantly. This contract should provide a boost to L&T's short-term operational activity levels.
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L&T GeoStructure lands its biggest piling contract with JSW Utkal Steel for a 10 MTPA steel plant in Odisha. Furthermore, they have secured additional orders for inland ship repair facilities in Bihar, UP, and India's first yacht marina in Mumbai.
L&T's GeoStructure division has secured a significant order valued between 10-25 billion Indian rupees. This marks a substantial win for the company in the infrastructure sector.
LTI Mindtree aims for a $1 billion European revenue following the Randstad deal, signaling global growth ambitions. The company plans to focus on AI and GCC expansions, with the acquisition's earnings neutral and shares closing at ₹4,008.2 on NSE today.
L&T Mindtree bolsters its presence in aerospace, finance, and AI sectors by acquiring Randstad's European and Australian units for $186M. This deal increases LTM's European market share to 20%, pushing towards a $10B revenue target by FY31, reflecting industry-wide acquisition trends.
Larsen & Toubro conducted a significant block trade on the NSE, selling 48,795 shares at around Rs. 3,941.3 per share, resulting in a transaction value of roughly INR 19.23 crore.
Tata Consumer and three other companies (TCS, LTM, Siyaram Silk Mills) have set May 25 as the dividend record date. Shareholders of these companies will be eligible for their respective dividends if they are registered by this date. Notably, Tata Consumer is offering a record-high dividend of Rs 10/share since 2009, while TCS offers Rs 110/share and LTM and Siyaram Silk Mills offer Rs 53/share and Rs 4/share respectively.
L&T Metro in Hyderabad has secured a ₹136B loan from IRFC, facilitating the funding for their metro expansion project. This development will bolster the progress of the Hyderabad Metro Rail project.
L&T's Vyoma Cloud has secured a partnership with Open Dhi, which plans to host its platforms on an India-based cloud infrastructure provided by L&T. This collaboration will see the deployment of DhiERP, DhiADT, and Bhaiyaa on Vyoma Cloud.
Starting tomorrow, May 22, those who own shares of L&T and 10 other listed companies won't be eligible for upcoming dividends. If you want to receive these dividends, it's crucial to purchase the shares before today, May 21.
Fifteen companies including L&T and Havells are set to become ex-dividend and ex-split this week. Investors are advised to check specifics as crucial dates near for these shares.
This week, companies like L&T, Havells, ITC Hotels, and others will trade without the dividend payment. Dividends vary from Rs 1 to Rs 40 per share. Additionally, buybacks, rights issues, and stock splits are planned. Investors should monitor stock prices and consider potential opportunities following these events.
The shares of L&T, Hero MotoCorp, and M&M Finance have shown signs of short-term weakness due to a 'Death Cross' pattern. Despite the current challenges, L&T aims for a price target of ₹4,050, while M&M Finance eyes ₹340. Hero MotoCorp is facing resistance but has potential to rebound and surpass ₹4,950.
Larsen & Toubro (L&T) completed a significant block deal on the NSE, selling 130,421 shares for approximately INR 51.5 crore at a price of INR 3948 per share.
The Indian government has approved a 375-billion-rupee coal gasification plan, with companies like L&T and BHEL expected to significantly benefit, according to Morgan Stanley's analysis.
L&T has partnered with French company Exail to strengthen the Indian Navy's capabilities by jointly developing advanced Unmanned Mine Countermeasure Systems.
Larsen & Toubro's Power Transmission & Distribution division secures contracts for constructing 380 kV and 132 kV substations in the Middle East, aiming to enhance regional power reliability and alleviate grid congestion.
Experts advise investing in Canara Bank and Vedanta when prices drop, while maintaining current holdings in HFCL and L&T, with partial profits taken from L&T. ABB India is a recommended long-term buy, while short-term tips suggest selling SBI and Chennai Petroleum, and holding onto Polycab and Sandur Manganese.
L&T has secured a significant power transmission and distribution contract valued at approximately 10 billion to 25 billion Indian rupees in West Asia.
Emkay predicts the Nifty 50 index will reach 29,000, marking a potential 24% increase due to anticipated FY27 earnings growth of 14%. Key stocks to watch include L&T, HPCL, Tata Motors CV, Maruti Suzuki, and Delhivery, with estimated gains ranging from 5-7%, according to their analysis.
The Nifty50 index has turned bearish, falling below key moving averages, with the support level at 23,100. A potential sell recommendation is given for IRFC May Futures at 99.5 and LTM May Futures at 4100, aiming for targets of 95 and 3900 respectively.
L&T Realty intends to expand significantly, aiming to construct approximately 100 million square feet of real estate within the next five years.
MRF takes the lead in dividend distribution for FY26, paying out a substantial ₹2,290 per share. Britannia and L&T follow with ₹90.5 and ₹38 respectively, while SBI offers ₹17.35. Meanwhile, Titan and Tata Consumer also announce dividends of ₹15/share and ₹10, reflecting their robust financials and steady cash flows.
L&T has won an EPC contract valued between ₹1,000 crore to ₹2,500 crore from the joint venture Bharat Coal, formed by Coal India and BHEL. The deal involves a significant project for both parties.
L&T has secured a massive Rs 22,000 crore worth of orders over the past three days, marking their third successive big-ticket win. This streak further strengthens their position in the industry.
Investment firm Prabhudas Lilladher has recommended purchasing shares of Larsen & Toubro, currently trading at ₹4008.35, suggesting a potential increase in the company's value.
L&T's Buildings & Factories division has clinched substantial contracts for upcoming property projects in key locations like Mumbai, Hyderabad, and Karnataka. These projects encompass residential towers, villas, and a hotel, showcasing continued growth in the real estate sector.
L&T secures new contracts for high-rise buildings and luxury hotels in various Indian locations, valued at approximately INR 5,000 crores.
L&T has secured orders between ₹2,500 - ₹5,000 crores in the building and factories sector, showcasing their strong project portfolio and effective execution skills.
Long-term investors are advised to consider L&T, Hero Motocorp, and Bajaj Finance due to their growth potential, while M&M is seen as a buy with a target price of Rs 3,550. For quicker gains, SBI Cards and Tata Power could be good options. MTAR is recommended as a buy, while other stocks are suggested as holds in the short term.
L&T intends to invest a substantial sum of INR 45,000 crores over the coming five years, signaling continued commitment to growth and development.
Larsen & Toubro Ltd has shared its Q4 FY26 financial analysis with industry experts, providing insights into their recent performance.
Despite a cautious outlook for FY27, JM Financial recommends buying L&T when prices dip due to strong potential from its West Asian operations, indicating promising growth prospects.
ICICI Securities has lowered its rating for L&T from 'Buy' to 'Add', and reduced the target price to Rs 4,300 from Rs 5,000, following Q4 FY26 results. The geopolitical disruptions impacted L&T's revenue growth, and the cautious FY27 guidance indicates a potential 10-12% revenue and order growth with stable margins.
Larsen & Toubro Ltd. just executed a significant block trade worth approximately $52 million on the NSE, trading 99,048 shares at around $3,906.50 per share.
The Indian stock markets started the day strong, with the Sensex increasing by 600 points and the Nifty crossing the 24,200 mark. However, L&T shares experienced a 3% drop amidst this general market uptrend.
The Chief Financial Officer of L&T predicts a 10-12% increase in new orders for the fiscal year 2027, which suggests an optimistic outlook due to growing demand and promising projects on the horizon.
L&T's Q4 EBITDA came in at ₹86.1 billion, representing a year-on-year increase from ₹82 billion but falling short of the estimated ₹93 billion. The EBITDA margin also dropped to 10.4%, below both the previous year's figure and the estimated 11.2%.