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UNBELIEVABLE: Lt org | History Defined

CAS wild swing: Sensex soars 1,000 points on expiry day but ends only 138 points higher

In a surprising turnaround, India's stock market indices, Sensex and Nifty, erased intraday losses to close positively on Thursday. Ending a three-day decline, the benchmarks saw Power Grid and Axis Bank surge by nearly two percent, contributing to the upward momentum. Additionally, significant names like UltraTech Cement and NTPC also…

The Economic Times

L&T bags offshore order of up to Rs 5,000 cr from ONGC for India's west coast development projects

Larsen & Toubro's energy hydrocarbon offshore business secured a large order from ONGC. This order involves developing offshore projects off India's west coast. The scope includes new platforms and subsea pipelines for enhanced production. These projects support ONGC's continued investment in offshore assets. The developments aim to sustain output from…

The Economic Times

Sensex falls 300 points, Nifty closes below 24,100 as oil, Fed fears weigh. What lies ahead?

On Monday, Indian stock markets dipped, largely swayed by international factors affecting investor confidence. Heightened concerns over increasing US bond yields and stern remarks from the Fed heightened fears regarding interest rates. The situation worsened with renewed US-Iran tensions and soaring crude oil prices, triggering declines across market indices. Nevertheless,…

The Economic Times

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Return to Bengal, CM Suvendu urges skilled professionals from state working outside

West Bengal's Chief Minister Suvendu Adhikari has called on skilled professionals to come back to their roots, highlighting promising career opportunities available through the government's recent initiatives. With aims to generate jobs for the educated youth and boost investments, the inauguration of LTM's new IT campus marks a significant step.…

The Economic Times

Indian engineering giant L&T’s order wins signal Middle East revival

Larsen & Toubro reported an impressive acquisition of thirteen new orders since the beginning of July, including seven contracts from the Middle East. This trend is a clear sign of revitalized economic activity in the area. The company heavily relies on its Middle Eastern revenue for overall earnings. With businesses…

The Economic Times

L&T partners with French firm to market specialised road construction equipment in India

Larsen & Toubro has joined forces with FAYAT Road Equipment to promote BOMAG machinery within India. This partnership not only expands the product offerings for road construction but also includes essential after-sales services and spare part provisions. The infusion of BOMAG's cutting-edge technology is set to align seamlessly with L&T's…

The Economic Times

L&T wins ₹5,000-10,000 crore 'major' order to build 3 battery storage projects in Middle East

With the recent acquisition of a major contract for three battery energy storage ventures, Larsen & Toubro is poised for expansion. This initiative will provide a total of six gigawatt-hours in storage capacity. The projects also involve the construction of crucial grid connectivity infrastructure that ensures each system provides four-hour…

The Economic Times

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L&T wins ultra-mega Middle East gas project worth over ₹15,000 crore

Larsen & Toubro announced an ultra-mega contract exceeding fifteen thousand crore rupees. This significant project involves building gas compression facilities and related infrastructure. The contract was awarded through a letter of award issued in fiscal year twenty twenty-six. L&T Energy Hydrocarbon Onshore will execute the entire project on an EPC…

The Economic Times

L&T-Mitsubishi to build world's largest APM system for Dubai's Al Maktoum International Airport

Larsen & Toubro and Mitsubishi Heavy Industries will build the world's largest Automated People Mover system. This project spans fifty kilometers and connects nine stations at Dubai's Al Maktoum International Airport. The consortium secured this significant order valued between Rs 2,500 crore and Rs 5,000 crore. This driverless train network…

The Economic Times

From dairy machines to AI factory: L&T is future-proofing its empire

Larsen & Toubro is entering a new phase of diversification, using its engineering, infrastructure and financial strength to build technology-led businesses. The recently-won Rs 15,000 crore AI factory contract is part of a broader strategy spanning electronics, semiconductors, green hydrogen, battery storage, defence technology and potentially rare-earth magnets, as L&T…

The Economic Times

BSE, RIL, Paytm among stocks bought and sold by HDFC Mutual Fund in July

July was a busy month for HDFC Mutual Fund, which ramped up its investments by increasing its stakes in about 422 stocks. Simultaneously, the fund reduced its involvement in 164 stocks, affecting numerous prominent companies. They integrated five new stocks and fully exited from J.B. Chemicals and Nilkamal. HDFC Mutual…

The Economic Times

L&T bags offshore development project order exceeding Rs 15,000 crore from Middle East client

Larsen & Toubro announced a significant order valued at over Rs 15,000 crore. This contract involves developing multiple offshore facilities in the Middle East region. The company's energy hydrocarbon offshore unit secured this substantial project. Fabrication activities will largely occur at L&T's advanced manufacturing facilities. This development highlights growing investments…

The Economic Times

L&T bags mega ₹10,000-15,000 crore order to build India’s largest NVIDIA B300 AI factory

Larsen & Toubro will build India's largest AI infrastructure for Together AI. This mega order involves deploying ten thousand NVIDIA B300 GPUs in Chennai. The project marks L&T's significant entry into the AI Factory business sector. This facility will support large-scale AI training and inference workloads. The AI Factory is…

The Economic Times

Why did market fall today? N Chandra’s exit among 3 factors behind 188-pt Sensex slide; Nifty below 24,450

Indian equities extended losses on Wednesday, with Sensex falling 188 points and Nifty declining 36 points, amid pressure on Tata Group stocks following N Chandrasekaran’s resignation and rising oil prices. IT stocks led sectoral declines, while PSU banks gained. Broader markets were mixed, with volatility easing as India VIX declined…

The Economic Times

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The Economic Times

Stocks in news: L&T, Tata Motors, HAL, Grasim, NBCC and IRCTC

The Indian equity markets concluded the trading session on a low note, as escalating crude oil prices weighed heavily on worldwide market sentiment. Notable developments included Larsen & Toubro's announcement of a strategic business transfer for its data center services. Focus will also be on firms like Tata Motors and…

The Economic Times

L&T plans to manufacture rare-earth magnets in India to challenge China’s dominance

Larsen & Toubro is planning to bid for India’s incentives to manufacture rare-earth magnets domestically, people familiar with the matter said. The move would mark a new business for the engineering giant as India seeks to reduce dependence on China, which controls about 90% of global rare-earth magnet production.

The Economic Times

ONGC, Shell India ink pact to explore deepwater blocks, LNG sourcing

ONGC and Shell Energy India have signed a non-binding agreement for exploration. They will explore deepwater and ultra-deepwater oil and gas opportunities together. The companies will also assess potential liquefied natural gas sourcing options. This collaboration aims to enhance India's energy security and domestic resource development. The partnership supports India's…

The Economic Times

L&T says unit that houses drones to see threefold revenue growth over five years

Larsen and Toubro is optimistic about its drone division, projecting that revenues will triple within five years. To support this growth, the firm will bolster capital expenditure aimed at boosting production capacity in response to India’s expanding UAV market. The upcoming delivery of 100 Teer drones to the Indian Air…

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The Economic Times

L&T bags major offshore orders worth Rs 5,000-10,000 crore from ONGC for pipeline replacement

Larsen & Toubro has secured significant offshore orders from ONGC. These orders are valued between five thousand and ten thousand crore rupees. The projects involve pipeline replacement and well head platforms off India's west coast. L&T Energy Hydrocarbon Offshore will execute these critical engineering projects. This reaffirms L&T's role in…

The Economic Times

Sensex rises 152 points, Nifty closes above 24,600 as market trims gains. What lies ahead?

Indian equity benchmarks Sensex and Nifty ended higher on Wednesday after the RBI MPC maintained interest rates and raised the FY27 GDP growth outlook. Despite early upswings, markets trimmed gains due to rising crude prices and West Asia tensions. Auto and realty stocks outperformed, while IT shares faced selling pressure.

The Economic Times

Why is market rising today? Sensex jumps over 400 pts, Nifty above 24,600. 8 factors behind D-St rebound

The Indian stock market saw a rebound on Wednesday, with Sensex and Nifty 50 trading higher. Easing oil prices and strong foreign institutional investor buying boosted investor sentiment significantly. Bharti Airtel and IndiGo shares led the gains, while Titan experienced a slight decline. Broader markets also performed well, with midcap…

The Economic Times

L&T secures order from NTPC for 1,600 MW thermal power plant in Chhattisgarh

L&T Energy CarbonLite Solutions received a Limited Notice to Proceed from NTPC. This contract is for the main plant package of the 2x800 MW Lara Stage-III thermal power plant. The project involves constructing two ultra-supercritical generating units using advanced technology. L&T's scope includes design, manufacturing, and commissioning of key power…

The Economic Times

L&T shares rise 4% after Q1 earnings. Why Goldman Sachs, other brokerages remain bullish?

Larsen & Toubro (L&T) shares climbed after the company reported a 14% YoY rise in Q1 FY27 net profit to ₹4,123 crore. Revenue from operations grew 7% to ₹67,942 crore, with international business contributing 51% of total revenue. Following the strong earnings, brokerages maintained their 'Buy' ratings on the stock.

The Economic Times

L&T Q1 Results: Net profit rises 14% YoY to Rs 4,123 crore, revenue up 7%

L&T Q1 Results: Larsen & Toubro (L&T) on Tuesday reported a consolidated net profit of Rs 4,123 crore for the April-June quarter of the ongoing financial year 2027, marking nearly 14% year-on-year (YoY) rise from the Rs 3,617 crore net profit reported in the same period last year.

The Economic Times

Stocks in news: CDSL, Adani Energy, L&T, Adani Total Gas, Emcure Pharma

Markets declined on Monday due to disappointing earnings and geopolitical worries. CDSL faced a Rs 1 crore penalty from Sebi for cybersecurity lapses. Several companies will announce their first quarter financial results today. Grasim Industries invested Rs 74,000 crore in capital expenditure over five years. Larsen & Toubro secured multiple…

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