Shares of Larsen & Toubro (L&T) surged 3.6 per cent in early trade on Thursday to emerge among the top gainers on the Nifty 50, tracking investor reaction to the December quarter earnings and largely positive brokerage commentary on its medium-term prospects. At 10.04 am, it was trading at ₹3,884 on the NSE, up 2 […]
NEW DELHI: Larsen & Toubro (L&T) on Thursday said it has been awarded a supply order by the army’s Corps of Electronics and Mechanical Engineers (EME) for the overhaul, upgrade and obsolescence management of the locally-made Pinaka multi-rocket launcher systems (MLRS). The model is expected to serve as a blueprint for similar lifecycle management and upgrade programmes […]
Infrastructure major Larsen & Toubro on Monday announced the transfer of its realty business to its arm L&T Realty Properties Ltd. Infrastructure major Larsen & Toubro on Monday announced the transfer of its realty business to its arm L&T Realty Properties Ltd. (Photo for representational purposes only) (Pixabay) The development marks the beginning of a […]
Larsen & Toubro Ltd. (L&T) is weighing the Tata playbook to explore an entry into electronics manufacturing in India, as the country’s largest engineering firm eyes diversification — from mega projects to small components. Larsen & Toubro Chairman S.N. Subrahmanyan. L&T is likely to focus on making components for devices and not the device itself—at […]