Larsen & Toubro

For the stock to reclaim its past glory, more divestments of non-core assets are needed, to aid return ratios

The SC has dismissed a petition filed by the income tax department challenging a lower court’s order asking it to refund ₹833 crore to Vodafone IdeaL&T posted 68.37% decline in consolidated net profit to ₹536.88 crore for the first quarter ended June 30

In comparison, the Sensex was up +0.24% while the broader Nifty 50 index was up +0.25%.

In comparison, the Sensex was up +0.90% while the broader Nifty 50 index was up +1.13%.

In comparison, the Sensex was down -0.38% while the broader Nifty 50 index was down -0.32%.

To meet its current 10-12% growth target, L&T would require order flows worth about ₹1 trillion in the second halfIf the Q3 results confirm such weakness in order flows, the company may also reduce its order inflows guidance for the full year

Revenue from operations increased sequentially by 9.4% to ₹2811 crore in the December quarter, from ₹2570.7 crore in the previous quarterCompany is redeveloping a land parcel in Mahape to build a new campus

The group's consolidated order book was ₹2,93,427 crore as on 31 March, 2019, with international order book constituting 22% of the totalConsolidated income in the said quarter increased to ₹45,555.29 crore from ₹41,091.04 crore in January-March 2018

L&T recently made a hostile takeover bid for mid-sized IT services firm MindtreeL&T has acquired Cafe Coffee Day owner V G Siddhartha's 20.32% stake in Mindtree

L&T Nxt initiative, which was launched last week, will focus on the areas of artificial intelligenceThe announcement came at a time when L&T has made an offer to buy up to 66 per cent stake in Mindtree