L&T gets board approval to raise ₹7,500 cr; stock reacts
The engineering major looks to raise up to ₹7,500 crore through external commercial borrowings, term loans, NCDs, or any other instrument.
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L&T shares fall 7% as Q3 misses estimates
L&T shares touched its 52-week high of ₹3,738.90 on January 30, rebounding 80% from its 52-week low of ₹2,073.85 touched on January 31 last year.
Ayodhya connection: L&T shares hit record high ahead of Ram Temple inauguration; zoom 233% in 3 yrs
Since Nov 2020, when L&T bagged the ‘Shri Ram Janmabhoomi Temple’ project, the stock has risen 233%, from ₹1,080 levels to ₹3,605 on January 15, 2024.
L&T secures order for Amaala project in Saudi Arabia; stock hits new high
L&T shares touch a fresh all-time high of ₹3,548 on the BSE today on the back of sustained rally; zoom nearly 48% so far this month
L&T shares rise nearly 4% on hike in buyback price
Larsen & Toubro has raised the buyback price from ₹3,000 to ₹3,200 per share, while it reduced size to 3.12 crore from 3.33 crore earlier.
L&T stock jumps 4% on strong Q1, share buyback plan
The board of L&T has approved the buyback of equity shares worth ₹10,000 crore at maximum price of up to ₹3,000 per share through the tender offer route.
L&T shares up on pact with Spain's Navantia for ₹43,500 cr submarine project
It’s touted to be India's largest defence acquisition project; also the first programme to be processed under govt's ‘Strategic Partnership’ model
L&T wins order for renovation of New Delhi railway station; stock hits record high
L&T submitted a bid of ₹8,740 crore for the New Delhi Station redevelopment project, which is over ₹3,000 crore higher than the government’s estimate.
Why are Larsen and Toubro shares trading higher today?
The hydrocarbon business (L&T Energy Hydrocarbon) of L&T has secured contracts worth over ₹7,000 crore from a client in the Middle East.
