Shares of Larsen & Toubro (L&T) fell over 5% to the day’s low of Rs 3,440.25 on the NSE on Wednesday following its December quarter earnings where the engineering and construction conglomerate missed estimates of top brokerages on several key parameters. While Citi and Motilal Oswal have reposed faith on the counter, maintaining a ‘Buy’ … Read more
Engineering behemoth Larsen & Toubro is expected to report a good set of numbers for the December quarter on Monday, backed by better execution in the mainstay infrastructure segment and strong order inflows. Operational performance is also seen improving sequentially on the back of cooling commodity prices. Operating profit is seen rising over 18% YoY … Read more
Larsen & Toubro (L&T) is expected to post strong growth in revenue for the September quarter and an improvement in profitability on the back of better execution of projects. Consolidated revenue is expected to grow by over 14% on year and 11% sequentially to Rs 39,750 crore, according to ET Now poll. “We expect 12% … Read more