Is there any news about Larsen and Toubro?

Is there any news about Larsen and Toubro?

L Infotech’s quarterly profit jumps 17% to Rs 637.5 crore The revenue from operations increased by 31.57 per cent to Rs 4,301.6 crore during the reported quarter. The same stood at Rs 3,269.4 crore in the year-ago period.

Is L a good buy today?

Larsen and Toubro ‘Strong order book, better prospects and great execution capabilities all point to L (ex IT/Fin/Dev. Projects) returning to mid-teen earnings growth. We expect 15% Earnings Per Share CAGR over FY21-FY24E – similar to FY15-FY20.

Is LT overvalued?

As the legendary value investor Ben Graham once said, “Price is what you pay, value is what you get.” Larsen & Toubro is trading at price-to-earnings (PE) ratio of 24.84x, which tells us the stock is overvalued based on current earnings compared to the construction industry average of 19.83x , and overvalued compared …

Will Larsen and Toubro share price increase?

Will Larsen & Toubro stock price grow / rise / go up? Yes. The LT stock price can go up from 1695.000 INR to 1837.270 INR in one year.

What does Larsen and Toubro do?

Larsen & Toubro is an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services. It operates in over 50 countries worldwide.

Is L an Indian company?

It is one of the largest and most respected companies in India’s private sector. Larsen & Toubro Limited is the biggest legacy of two Danish Engineers, who built a world–class organization that is professionally managed and a leader in India’s engineering and construction industry.

What is the intrinsic value of LT?

Larsen and Toubro

Is L Infotech a good stock?

LTI continues to remain one of its preferred pick in the midcap IT space. Prabhudas Lilladher has a Buy rating on the IT stock with a target price of ₹7,503.

Who is owner of Larsen & Toubro?

Larsen & Toubro