Shares of capital goods companies were trading higher in an otherwise subdued market ahead of May IIP (index of industrial production) data and on expectations of better-than-expected financial performance in the April-June quarter.
L&T Metro Rail (Hyderabad) Limited has signed MoUs with Indus Tower Limited and Reliance Jio Infocom Limited for using signal towers provided on the roof of the entry and exit structures of all the 64 stations along the three metro corridors.
Infrastructure is among the top themes to play in the current scenario. Unlike last year when excitement towards infra plays surged only to wane out, this time around, there are indicators that things are improving at the ground level.
Shares of Larsen & Toubro (L&T) have moved higher by 1% at Rs 1,791 on the NSE, bouncing back 4% from their intra-lows of Rs 1,719 touched in early morning trades. The stock has hit a high of Rs 1,794 so far.
The Larsen and Toubro (L&T) scrip surged two per cent in Tuesday's trade on the reports that the company would list its IT services company L&T Infotech around November-December 2015. From 100 per cent currently, the company management intends to
The Opposition Congress today demanded a probe into the state government's recommendation for grant of mining lease (ML) over two bauxite deposits to engineering & construction major Larsen & Toubro (L&T).
Shares of Larsen & Toubro (L&T) moved higher by 2% to Rs 1,692, rebounding 3% from early morning low on the NSE, after the company said its constructions arm has won orders worth Rs 1,099 crore in May 2015.“The power transmission
With the economy showing signs of revival, engineering major Larsen & Toubro has decided to go slow on its international business by restricting overseas orders to 25 per cent, a top company official has said.
Larsen & Toubro, one of India's largest engineering and construction firms, on Saturday reported a slower 27% increase in consolidated net profit for the quarter ended March 2015.The company said profit was Rs 2,069 crore, down from Rs 2,840 crore in