LT FOODS: CO RECEIVED RS 265 CRORE INSURANCE PAYOUT FOR THE MANDIDEEP PLANT FIRE INCIDENT, AS PER SUPREME COURT ORDER

 09 Apr 2025 02:23 PM

LT FOODS: CO RECEIVED RS 265 CRORE INSURANCE PAYOUT FOR THE MANDIDEEP PLANT FIRE INCIDENT, AS PER SUPREME COURT ORDER

L&T incorporates arm to develop green hydrogen projects

 04 Apr 2025 09:00 PM

Larsen & Toubro’s subsidiary, L&T Energy Green Tech Ltd, has established L&T Green Energy Kandla Pvt Ltd aimed at developing green hydrogen projects, including derivatives like green ammonia. This initiative follows the construction giant's successful commissioning of its first green hydrogen plant in Gujarat.

LARSEN & TOUBRO: CO UNIT L&T ENERGY GREEN TECH HAS INCORPORATED A NEW WHOLLY OWNED SUBSIDIARY - L&T GREEN ENERGY KANDLA PVT LTD

 04 Apr 2025 05:44 PM

LARSEN & TOUBRO: CO UNIT L&T ENERGY GREEN TECH HAS INCORPORATED A NEW WHOLLY OWNED SUBSIDIARY - L&T GREEN ENERGY KANDLA PVT LTD

Larsen & Toubro wins large orders in India, overseas

 01 Apr 2025 11:31 AM

Larsen & Toubro (L&T) has secured significant orders in both domestic and international markets. These include a gas-insulated substation and a transmission line project in India, as well as 380kV overhead line installations in Saudi Arabia. Additional projects have been awarded in the UAE, Qatar, Oman, and further orders within India.

JM Financial maintains Buy on Larsen & Toubro; target price Rs 4,015

 01 Apr 2025 09:11 AM

JM Financial recommends buying Larsen & Toubro with a target price of Rs 4,015, currently trading at Rs 3,477.1. The construction company reported a consolidated total income of Rs 65,635.65 crore for the quarter ending December 2024, with net profits of Rs 4,001.03 crore. L&T's hydrocarbon vertical received its largest order from Qatar Energy LNG, valued at approximately $4.5 billion.

L&T bags '$4-billion' project order from QatarEnergy LNG, its biggest ever

 26 Mar 2025 11:22 PM

Larsen & Toubro has secured its largest single order worth around $4 billion from QatarEnergy LNG for the North Field Production Sustainability Offshore Compression Project. This order surpasses their previous high-value project and involves constructing two large gas compression systems and associated structures. L&T refers to this as an 'ultra-mega' project, marking a significant achievement for the company.

Indian Railways to invest Rs 16.7 lakh crore in freight corridors, HSR, station upgrade by 2031: Report

 26 Mar 2025 06:33 PM

Indian Railways plans to invest Rs 16.7 lakh crore by 2031 on infrastructure projects such as station upgrades, high-speed rail corridors, and electrification of tracks. Key projects include redeveloping 1,309 stations and expanding dedicated freight corridors. Major private companies like Larsen & Toubro are involved. The initiative aims to improve operational efficiency and reduce transportation costs.

Indian consumption sector's defensive shield cracks — can this rare 20% slide unlock an entry point? Motilal Oswal weighs in

 25 Mar 2025 12:47 PM

Motilal Oswal noted that the consumption sector’s underperformance—nearly 900-600 basis points below the Nifty100—presents attractive entry opportunities in certain stocks. The firm highlighted Page Industries, Devyani International, Metro Brands, V-Mart, Lemon Tree Hotels, LT Foods, and Cello World as top picks with solid fundamentals and growth prospects.

Larsen & Toubro names Subramanian Sarma as Deputy Managing Director, President

 21 Mar 2025 07:33 PM

Larsen & Toubro elevates Mr. Subramanian Sarma to Deputy Managing Director & President effective from April 2, 2025. His term extends to February 3, 2028, subject to shareholder approval. Chairman S.N. Subrahmanyan commends Mr. Sarma's transformative role in the Hydrocarbon and Energy businesses.

Larsen & Toubro elevates Subramanian Sarma as Deputy Managing Director, President

 21 Mar 2025 07:33 PM

Larsen & Toubro elevates Mr. Subramanian Sarma to Deputy Managing Director & President effective from April 2, 2025. His term extends to February 3, 2028, subject to shareholder approval. Chairman S.N. Subrahmanyan commends Mr. Sarma's transformative role in the Hydrocarbon and Energy businesses.