[ad_1] Larsen and Toubro on Thursday, February 20, said its minerals and metals business vertical has secured ‘large’ orders in the steel and alumina sectors. Company Value Change %Change L&T classifies orders in the ₹2,500 crore to ₹5,000 crore range as ‘large’. The minerals and metals vertical secured one order from Hindalco to set up […]
ICICI Bank, L&T, Zomato shares among Diwali stock picks from Motilal Oswal. Full list here – CNBC TV18
[ad_1] Nifty is currently trading at 12-month forward P/E of 21.5x, which is just 5% above its last 10-year average of 20.4x. Nifty earnings growth is likely to remain steady at 12% compounded annually over FY24-26. For Samvat 2081, Motilal expects sectors linked to domestic structural and cyclical themes to do well. The brokerage is […]
L&T to create separate vertical for Renewable EPC business from power transmission business – CNBC TV18
[ad_1] Larsen and Toubro on Monday, September 2, said it has carved out a separate business vertical for renewable EPC out of its power transmission and distribution business, within its infrastructure projects segment. L&T in a stock exchange filing said there is a strong momentum in India’s pursuit of promoting renewable enrgy, especially towards increasing […]