Weekly Wrap: Sensex loses nearly 3% on weak results, economic ...

PN Vijay Portfolio Manager feels Larsen and Toubro (LT) will reach closer to Rs 1,800 in the next 12 months.

Larsen and Toubro's (LT) operating performance for 4QFY13 was meaningfully below our expectations. Full-year numbers were short of the management's guidance (revenue up 14.5% v/s guidance of 15-20%; E&C EBITDA margin down 226bp v/s guidance of ...

We are eyeing 20% growth in order inflows and 15-17% growth in sales for FY14. Larsen & Toubro is a US$11.7bn technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. It is one of the largest ...

We maintain 'buy' on Larsen & Toubro (L&T), but lower our growth assumptions for the company going ahead, building in potential uncertainties in near-to-medium term. We lower our sum-of-the-parts based target price to Rs 1,846 (Rs 1,941 earlier) as ...

MUMBAI: Persistent slowdown in infrastructure projects, high costs and rising interest burden dented the profits of the so far resilient engineering major Larsen & Toubro, which reported a 7% year-on-year decline in net profit at 1,788 crore in the ...

Larsen and Toubro has clarified that the final dividend of Rs 18.50 per share is pre-bonus dividend per share on the existing capital (pre bonus share capital). Accordingly, the post-bonus dividend per share works out to Rs 12.33 per share.

Larsen & Toubro (L&T), the infrastructure conglomerate is likely to increase its focus on international expansion and aims to get more than double its overseas orders to Rs 25,000 crore this fiscal. In financial year 2013, the company has bagged Rs ...

Shares of Larsen & Toubro Limited today slumped by 6 per cent after the company reported 6.9 per cent decline in standalone net profit for the fourth quarter ended March, 2013. The infrastructure conglomerate's shares tanked over 6 per cent to Rs ...

Mumbai: India's benchmark stock index fell for a third day as Larsen & Toubro (Ltd) tumbled after posting fourth-quarter earnings that missed analysts' estimates. The S&P BSE Sensex dropped 0.3 per cent to 20,062.24 at the close in Mumbai, its ...