The return on equity at Larsen & Toubro (L&T) should climb in the next three years as India’s biggest infrastructure company exits non-core businesses, and enhances the financial performance at a northern power plant for which it has just secured a commercially favourable ruling.
Larsen & Toubro (L&T) expects state-run ONGC to finalise 3-4 projects worth around Rs 5,000 crore before March and would be bidding for them, the hydrocarbon head of the $17-billion engineering major said.
Lowest quote of Rs. 2722, per single phase smart meter ; Genus Power and KEONICS emerge as second and third lowest bidders
Larsen & Toubro (L&T) has emerged as the lowest bidder of the tender issued by Energy Efficiency Services Limited (EESL) to procure 50 Lakh smart meters.
Infrastructure and engineering major Larsen & Toubro has gone ahead with its plans to establish an infrastructure investment trust (InvIT).
Schneider Electric SE, the French industrial multinational and Eaton Corp have emerged as the top contenders to acquire Larsen & Toubro’ electric and automation division for Rs 15,000-Rs 17,000 crore as India’s largest engineering group looks to prune its portfolio and exit non-core areas, said three officials aware of the ongoing developments.
Engineering conglomerate Larsen & Toubro on Wednesday announced a Rs 3,375 crore-worth metro order from the Mauritius government
Larsen & Toubro (L&T) on Friday reported a 46 per cent YoY rise in consolidated profit at Rs 893 crore for the June quarter.
Shares of two Nifty 50 companies, Larsen & Toubro (L&T) and Bharat Petroleum Corporation Limited (BPCL) are trading at their adjusted price of 1:2 bonus shares.
Construction major Larsen & Toubro said its transportation infrastructure and water effluent treatment businesses have jointly bagged an engineering, procurement and construction order worth Rs 1,223 cr from Aurangabad Industrial Township Limited (ATL).
Infrastructure major Larsen & Toubro (L&T) today said its subsidiary L&T Hydrocarbon has bagged orders worth Rs 4,000 crore in the international market.