lnt

L&T Q2 Results Spectacular, 32% Rise In Profits

by Ankit Agarwal on October 19, 2010

The heavy engineering and construction behemoth- Larsen & Toubro (L&T) has managed to report spectacular results for the second quarter. The company has been one of the most consistent performer as far as the earnings update go and despite the recessionary impacts still hurting the capital goods industry, L&T has come out on the top [...]

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L&T Profits Up 44%, Beats Market Expectations

by Ankit Agarwal on May 18, 2010

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L&T has pulled it off yet again. The construction and heavy engineering giant has reported a better then expected 4th quarter profit percentage. L&T 4th Quarter Result Highlights A profit of Rs 1,438 crore for the March Quarter Quaterly profit 44% higher than in the March Quarter last fiscal EBIDTA increases to 15.1% from 14% [...]

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Nifty Breaks 5000 levels During The Day, Manages To Close Above 5000

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A see-saw ride for the Indian Stock Markets today, especially NIFTY. NIFTY started with a gap down and broke the 5000 levels giving the markets a big scare. As visible in the chart, NIFTY hovered below the 5000 level for a major part of the morning. The negativity in the market was predominantly due to [...]

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L&T Infotech Reconsiders IPO Plans , Targets Billion $ Revenues

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The software arm of the engineering heavyweight Larsen & Toubro , is stepping the accelerator on its growth and has chalked out aggressive growth plans. The company is also once again considering an IPO offering on account of its increasing revenues and expansion plans. L&T Infotech had planned a IPO offering back in 2008 but [...]

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