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Larsen & Toubro Ltd (LART.NS)

LART.NS on National Stock Exchange of India

1,335.25INR
16 Aug 2019
Change (% chg)

Rs1.55 (+0.12%)
Prev Close
Rs1,333.70
Open
Rs1,335.00
Day's High
Rs1,339.90
Day's Low
Rs1,320.50
Volume
2,654,524
Avg. Vol
2,919,643
52-wk High
Rs1,607.00
52-wk Low
Rs1,182.50

Latest Key Developments (Source: Significant Developments)

Saudi's Ma'aden Unit Signs EPC Contract For Mansourah & Massarah Gold Project
Sunday, 21 Jul 2019 

July 21 (Reuters) - SAUDI ARABIAN MINING CO SJSC <1211.SE>::UNIT MA’ADEN GOLD & BASE METALS CO PROJECT SIGNED A CONTRACT WITH OUTOTEC AND LARSEN &TOUBRO CONSORTIUM.CONTRACT FOR FOR ENGINEERING, PROCUREMENT AND CONSTRUCTION OF MANSOURAH & MASSARAH GOLD PROJECT.CONTRACT VALUE 2.27 BILLION RIYALS($606 MILLION).CONTRACT DURATION 36 MONTHS.TOTAL COST OF PROJECT IS ABOUT $880 MILLION.FINANCIAL IMPACT IS ESTIMATED TO BEGIN IN Q2 OF 2022G, WHEREAS RAMP-UP WILL BE THEREAFTER.MANSOURAH MASSARAH PROJECT WILL PRODUCE AN AVERAGE OF 250,000 OUNCES OF GOLD PER YEAR THROUGHOUT THE LIFE OF MINE WHICH IS 12 YEARS.EXPECTS THAT INITIAL PRODUCTION WILL OCCUR ON Q2,2022..  Full Article

India's Mindtree June Qtr Consol Net Profit Falls
Wednesday, 17 Jul 2019 

July 17 (Reuters) - India's Mindtree Ltd ::JUNE QUARTER CONSOL NET PROFIT 927 MILLION RUPEES VERSUS PROFIT OF 1.58 BILLION RUPEES LAST YEAR.JUNE QUARTER CONSOL REVENUE FROM OPERATIONS 18.34 BILLION RUPEES VERSUS 16.40 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER CONSOL NET PROFIT WAS 1.75 BILLION RUPEES.MINDTREE SAYS L&T'S SHAREHOLDING AT JUNE 30 WAS 28.86%, WHICH HAS INCREASED TO 60.59%; L&T HAS BECOME MINDTREE'S 'PROMOTER/ULTIMATE PARENT' FIRM.  Full Article

Larsen & Toubro Wins 'Significant' Desalination Plant Contract
Wednesday, 17 Jul 2019 

July 17 (Reuters) - Larsen & Toubro Ltd ::SAYS GETS CONTRACT FOR A DESALINATION PLANT FROM GUJARAT INDUSTRIAL DEVELOPMENT CORP; VALUE OF 10 BILLION TO 25 BILLION RUPEES.  Full Article

Mindtree Says Larsen & Toubro Has Acquired 60.06% Stake In Co
Wednesday, 3 Jul 2019 

July 3 (Reuters) - MINDTREE LTD ::LARSEN & TOUBRO HAS ACQUIRED EQUITY SHARES TO AN EXTENT 60.06% OF TOTAL SHAREHOLDING OF COMPANY.LARSEN & TOUBRO HAS ACQUIRED CONTROL AND IS CATEGORISED AS PROMOTER.  Full Article

Larsen & Toubro To Sell Up To 4 Mln Shares Of L&T Technology Services
Monday, 3 Jun 2019 

June 3 (Reuters) - L&T TECHNOLOGY SERVICES LTD ::LARSEN & TOUBRO SUBMITS OFS TO SELL UP TO 4 MILLION SHARES OF CO ON JUNE 04 AND JUNE 06.FLOOR PRICE OF OFFER SHALL BE 1,650 RUPEES PER EQUITY SHARE OF COMPANY.  Full Article

Larsen & Toubro's Heavy Engineering Arm Wins Contracts
Thursday, 18 Apr 2019 

April 18 (Reuters) - Larsen & Toubro Ltd ::CO'S HEAVY ENGINEERING ARM WON CONTRACTS FOR CRITICAL REACTORS, EQUIPMENT AND SYSTEMS FOR PROCESS PLANT SECTOR.  Full Article

Larsen & Toubro Buys Entire Stake In L&T Shipbuilding From Tamil Nadu Industrial Development Corp
Thursday, 11 Apr 2019 

April 11 (Reuters) - Larsen & Toubro Ltd ::BUYS ENTIRE STAKE HELD BY TAMIL NADU INDUSTRIAL DEVELOPMENT CORPORATION IN L&T SHIPBUILDING FOR 327.4 MILLION RUPEES.  Full Article

Larsen & Toubro Says L&T Hydrocarbon Engineering Gets Contracts
Thursday, 4 Apr 2019 

April 4 (Reuters) - Larsen & Toubro Ltd ::CONSTRUCTION SERVICES BUSINESS OF LTHE SECURED AN ORDER FOR ADDITIONAL WORKS FOR A REFINERY PROJECT IN INDIA.L&T HYDROCARBON ENGINEERING BUSINESS ALSO SECURED ORDERS FOR EQUIPMENT FABRICATION FOR REFINERY IN OMAN.  Full Article

Larsen & Toubro Divests Stake In L&T Kobelco Machinery
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Larsen & Toubro ::ENTERED DEFINITIVE AGREEMENT WITH KOBE STEEL, LTD.AGREEMENT FOR DIVESTMENT OF STAKE IN L&T KOBELCO MACHINERY PVT LTD, A 51:49 JOINT VENTURE BETWEEN L&T AND KOBE STEEL, LTD.  Full Article

Larsen & Toubro Says L&T Construction Gets Contracts For Power Transmission & Distribution Business
Tuesday, 2 Apr 2019 

April 2 (Reuters) - Larsen & Toubro Ltd ::SAYS L&T CONSTRUCTION GETS CONTRACTS FOR POWER TRANSMISSION & DISTRIBUTION BUSINESS.LARSEN & TOUBRO - ORDERS HAVE BEEN RECEIVED FROM CERTAIN COUNTRIES OF THE MIDDLE EAST AND THE ASEAN REGION FOR SUBSTATIONS AND TRANSMISSION LINES.  Full Article

UPDATE 1-India's Mindtree names former Cognizant executive as CEO

BENGALURU, Aug 2 Indian IT services firm Mindtree Ltd on Friday named former Cognizant executive Debashis Chatterjee as its new managing director and chief executive officer.