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What is the future of L&T share?
Larsen & Toubro Limited quote is equal to 1765.150 INR at 2022-07-22. Based on our forecasts, a long-term increase is expected, the "LT" stock price prognosis for 2027-07-19 is 2645.010 INR. With a 5-year investment, the revenue is expected to be around +49.85%.
What happened to Larsen and Toubro?
Further the company has acquired entire stake held by Tamil Nadu Industrial Development Corporation (TIDCO) in L&T Shipbuilding Limited on 10 April 2019. With this acquisition L&T Shipbuilding Limited is now a wholly owned subsidiary of the Company.
Is Larsen and Toubro share a good buy?
Emkay Global has buy call on Larsen & Toubro with a target price of Rs 2160. The current market price of Larsen & Toubro is Rs 1577.35. Time period given by analyst is one year when Larsen & Toubro Ltd. price can reach defined target.
When did L&T split shares?
Find the split ratio of LART for a selection of dates. The data can be shared or downloaded....LART Splits.Split dateSplit RatioOct 01, 20081/2 Stock SplitJul 11, 20131/5.1 Stock SplitJul 13, 20171/5.1 Stock Split2 more rows
Who is owner of Larsen & Toubro?
Larsen & ToubroAM Naik Tower of L&T in Mumbai, Maharashtra, IndiaFoundersHenning Holck-Larsen Søren Kristian ToubroHeadquartersL&T House, Ballard Estate, Mumbai, Maharashtra , IndiaArea servedWorldwideKey peopleAnil Manibhai Naik (Chairman) S. N. Subrahmanyan (MD & CEO) R. Shankar Raman (CFO)17 more rows
Does Ambani own L&T?
By November 2001, the Ambanis sold their 10 per cent stake in L&T to Grasim Industries, owned by the Rs 27,000-crore Aditya Vikram Birla Group.
Is L&T good for long term?
L&T has outperformed the Nifty in the past 12 months with a return of 30.5 per cent (Nifty is up 20 per cent) and it has returned 10.5 per cent in the last month, slightly less than the Nifty (11 per cent).
Why are L&T shares falling?
The reason behind the sharp fall in L&T Tech shares was the mixed Q3 results reported by the company. Although its revenue grew 4.2 per cent in constant currency terms, it was below the estimate of analysts.
Which shares are best for long term?
Best Stocks to Buy in India for Long TermS.No.Long Term Stocks IndiaIndustry1.Reliance IndustriesMultinational Conglomerate2.Tata Consultancy Services (TCS)Information Technology3.InfosysInformation Technology4.HDFC BankBanking1 more row•Jun 19, 2022
Did TCS share split?
Tata Consultancy Services Ltd. Tata Consultancy Services has not split the face value of the share so far.
Who stocks split companies?
Stock splits can improve trading liquidity and make the stock seem more affordable. In a stock split the number of outstanding shares increases and the price per share decreases proportionately, while the market capitalization and the value of the company do not change.
Will LTI shares split?
Larsen & Toubro Infotech Ltd. Larsen & Toubro Infotech has not split the face value of the share so far.
Why are L&T shares falling?
The reason behind the sharp fall in L&T Tech shares was the mixed Q3 results reported by the company. Although its revenue grew 4.2 per cent in constant currency terms, it was below the estimate of analysts.
Why is L&T Finance going down?
The decline in the stock came after the company announced to sell its wholly-owned subsidiary, L&T Investment Management (LTIM) to the asset management arm of HSBC, Hsbc Asset Management , on Thursday. In this deal, HSBC AMC will acquire 100% shares of LTIM for $425 million, roughly Rs 3,192 crore.
When Larsen dividend will be credited?
Larsen & Toubro has fixed 22 July 2022 as record date for the Members entitled to receive the proposed Dividend of Rs. 22.00 per share of face value Rs. 2/- each for the year ended 31 March 2022. Dividend, if declared at the AGM, will be paid on or before 08 August 2022.
Is LTI and L&T same?
Founded as L&T Information Technology Ltd in December 1996, LTI is a wholly owned subsidiary of Larsen & Toubro (L&T). During 2001–2002 the company's name was changed from L&T Information Technology Limited to Larsen & Toubro Infotech Limited and in the same year the company achieved the assessed level of SEI Level 5.
What is Larsen and Toubro?
Larsen & Toubro Limited (L&T) is a technology, engineering, construction and manufacturing company. It is one of the largest and most respected companies in India`s private sector. More than seven decades of a strong, customer-focused approach and the continuous quest for world-class quality have enabled it to attain and sustain leadership in all its major lines of business. L&T has an international presence, with a global spread of offices. A thrust on international business has seen overseas earnings grow significantly. It continues to grow itsglobal footprint, with offices and manufacturing facilitiesin multiple countries. The company`s businesses are supported by
What is a L&T?
Larsen & Toubro Limited (L&T) is a technology, engineering, construction and manufacturing company. It is one of the largest and most respected companies in India`s private sector. More than seven decades of a strong, customer-focused approach and the continuous quest for world-class quality have enabled it to attain and sustain leadership in all ...