L&T wins order for renovation of New Delhi railway station; stock hits record high
L&T submitted a bid of ₹8,740 crore for the New Delhi Station redevelopment project, which is over ₹3,000 crore higher than the government’s estimate.
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Why are Larsen and Toubro shares trading higher today?
The hydrocarbon business (L&T Energy Hydrocarbon) of L&T has secured contracts worth over ₹7,000 crore from a client in the Middle East.
L&T divests its entire stake of 51% in L&T Infrastructure Development Projects
The divestment is in line with the company’s strategy of reducing its exposure to the non-core asset-heavy developmental projects portfolio.
Why L&T shares hit all-time high today?
Larsen & Toubro stock gained 2% to hit an all-time high of ₹2,095 after it won a significant order from renewable energy producer Greenko Group.
Larsen & Toubro profit, revenue jump 23% in Q2
The company recorded orders worth ₹51,914 crore at the group level during the quarter ended September.
L&T’s Infra Specialist
S.N. Subrahmanyan navigated the complexity of L&T’s multiple lines of businesses, creating his own legacy in the process.
Centre Spending Boosts Infra Companies
Heavy capital expenditure to boost economy helps construction firms improve order book and profit margins.
Sensex, Nifty to rise; DreamFolks Services, Tata Motors, NTPC, HAL, L&T shares eyed
The Sensex and Nifty are poised to rise on Tuesday, tracking gains in Asian stocks and firm trends on SGX Nifty futures.
L&T wins large contract from Indian Oil
Indian Oil Corporation is implementing the Panipat refinery expansion (P-25) project to enhance refining capacity.
Sensex, Nifty to fall; Paytm, L&T, Adani Power, IIFL Finance, ACC, Ambuja Cements eyed
The Sensex and Nifty are poised to open lower on Monday, following weak cues from global peers and negative trends on SGX Nifty Futures.
