LT.NS - Larsen & Toubro Limited

NSE - NSE Real Time Price. Currency in INR
837.05
-0.95 (-0.11%)
At close: 3:30PM IST
Stock chart is not supported by your current browser
Previous Close838.00
Open867.90
Bid0.00 x 0
Ask0.00 x 0
Day's Range812.00 - 890.00
52 Week Range661.00 - 1,607.00
Volume6,572,073
Avg. Volume4,052,582
Market Cap1.175T
Beta (5Y Monthly)0.40
PE Ratio (TTM)12.04
EPS (TTM)69.54
Earnings DateOct 21, 2019 - Oct 25, 2019
Forward Dividend & Yield28.00 (3.34%)
Ex-Dividend DateMar 24, 2020
1y Target Est1,569.63
  • Does Larsen & Toubro's (NSE:LT) Share Price Gain of 45% Match Its Business Performance?
    Simply Wall St.

    Does Larsen & Toubro's (NSE:LT) Share Price Gain of 45% Match Its Business Performance?

    One simple way to benefit from the stock market is to buy an index fund. But if you buy good businesses at attractive...

  • Is Larsen & Toubro Limited's (NSE:LT) 15% ROE Better Than Average?
    Simply Wall St.

    Is Larsen & Toubro Limited's (NSE:LT) 15% ROE Better Than Average?

    Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...

  • Are Larsen & Toubro Limited’s (NSE:LT) Returns On Investment Worth Your While?
    Simply Wall St.

    Are Larsen & Toubro Limited’s (NSE:LT) Returns On Investment Worth Your While?

    Today we'll look at Larsen & Toubro Limited (NSE:LT) and reflect on its potential as an investment. To be precise...

  • Here's What Larsen & Toubro Limited's (NSE:LT) P/E Is Telling Us
    Simply Wall St.

    Here's What Larsen & Toubro Limited's (NSE:LT) P/E Is Telling Us

    This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll apply a...

  • Does Larsen & Toubro (NSE:LT) Deserve A Spot On Your Watchlist?
    Simply Wall St.

    Does Larsen & Toubro (NSE:LT) Deserve A Spot On Your Watchlist?

    For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

  • Body of India Coffee Tycoon Found as Letter Hints at Debt Woes
    Bloomberg

    Body of India Coffee Tycoon Found as Letter Hints at Debt Woes

    (Bloomberg) -- V. G. Siddhartha, the man who founded India’s biggest coffee chain more than a decade before Starbucks Corp. entered Asia’s third-largest economy, has died, police said.Siddhartha went missing on Monday after he went for a walk near a bridge close to the southern Indian city of Mangaluru. His body has been found, the city’s police commissioner Sandeep Patil said by phone on Wednesday. Patil didn’t elaborate.Coffee Day Enterprises Ltd., a company Siddhartha founded, on Tuesday released a letter purportedly written by him to the board about “succumbing to the situation” because of pressure from lenders, one of the private equity partners, and harassment by tax officials. Coffee Day’s external media representatives on Wednesday said they couldn’t immediately comment.The company’s shares plunged by the 20% limit in Mumbai. Siddhartha whose cafe network traces its roots to the IT hub of Bengaluru in 1996, didn’t return after telling his driver he was going for a walk on Monday.Siddhartha and other founders of Coffee Day pledged about 76% of their holdings as collateral, according to filings. The debt burden prompted him to start selling assets earlier this year. In April, he sold a 20% stake in software services firm Mindtree Ltd. to engineering giant Larsen & Toubro Ltd. He was seeking a valuation of as much as $1.45 billion from Coca-Cola Co. to sell a stake in Coffee Day, the Economic Times newspaper reported last month.“I gave it my all but today I gave up as I could not take any more pressure,” according to the letter dated July 27. The harassment by tax officials and pressure from lenders led to a “serious liquidity crunch.”The company is taking help from concerned authorities, and its leadership team will “ensure continuity of business,” Coffee Day said in an exchange filing on Tuesday.Shares of Sical Logistics Ltd., another company where Siddhartha’s family is a large investor, also plunged 20%. Sical had total debt of 11 billion rupees at the end of March, while loans at Coffee Day jumped 29% from a year earlier to 65.5 billion rupees, according to data compiled by Bloomberg.Coffee Day went public in 2015, nearly two decades after opening its first cafe in Bengaluru, selling shares at 328 rupees apiece. A unit of private equity firm KKR & Co. owns 6.07% of the company, while Nandan Nilekani, co-founder of Infosys Ltd., has a 2.69% stake.Coffee Day has about 1,700 outlets, 10 times more than Starbucks runs in the nation, according to the National Restaurant Association of India.“We are deeply saddened by the developments and our thoughts are with his family at this time,” KKR said in an email. The fund sold 4.25% of its holding of about 10.3% last February and haven’t sold any shares before or since, according to the email.Siddhartha, who began his career as an investment banker, had sleepless nights when Starbucks entered India, according to an article he wrote for the Outlook magazine in 2016.He had a “miserable moment” when Coffee Days stock tanked at its debut, giving him “quite an ego blow,” he wrote in the column.\--With assistance from P R Sanjai, Ari Altstedter, Ravil Shirodkar, Pradeep Kurup and Jeanette Rodrigues.To contact the reporters on this story: Anurag Kotoky in New Delhi at akotoky@bloomberg.net;Ameya Karve in Mumbai at akarve@bloomberg.netTo contact the editors responsible for this story: Young-Sam Cho at ycho2@bloomberg.net, Arijit Ghosh, Ravil ShirodkarFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Larsen & Toubro Limited (NSE:LT) Insiders Have Been Selling
    Simply Wall St.

    Larsen & Toubro Limited (NSE:LT) Insiders Have Been Selling

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...

  • Do Institutions Own Shares In Larsen & Toubro Limited (NSE:LT)?
    Simply Wall St.

    Do Institutions Own Shares In Larsen & Toubro Limited (NSE:LT)?

    If you want to know who really controls Larsen & Toubro Limited (NSE:LT), then you'll have to look at the makeup of...

  • How Does Larsen & Toubro Limited (NSE:LT) Fare As A Dividend Stock?
    Simply Wall St.

    How Does Larsen & Toubro Limited (NSE:LT) Fare As A Dividend Stock?

    Dividend paying stocks like Larsen & Toubro Limited (NSE:LT) tend to be popular with investors, and for good reason...

  • Are You An Income Investor? Don't Miss Out On Larsen & Toubro Limited (NSE:LT)
    Simply Wall St.

    Are You An Income Investor? Don't Miss Out On Larsen & Toubro Limited (NSE:LT)

    Could Larsen & Toubro Limited (NSE:LT) be an attractive dividend share to own for the long haul? Investors are often...

  • Simply Wall St.

    What Should We Expect From Larsen & Toubro Limited's (NSE:LT) Earnings In The Year Ahead?

    Since Larsen & Toubro Limited (NSE:LT) released its earnings in March 2019, analyst forecasts appear to be in-line...

  • What Do Analysts Think About The Future Of Larsen & Toubro Limited's (NSE:LT)?
    Simply Wall St.

    What Do Analysts Think About The Future Of Larsen & Toubro Limited's (NSE:LT)?

    In March 2019, Larsen & Toubro Limited (NSE:LT) announced its latest earnings update, which signalled that the company...

  • Larsen & Toubro Limited (NSE:LT): The Best Of Both Worlds
    Simply Wall St.

    Larsen & Toubro Limited (NSE:LT): The Best Of Both Worlds

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • Larsen & Toubro raises Mindtree stake to 26 percent
    Reuters

    Larsen & Toubro raises Mindtree stake to 26 percent

    BENGALURU (Reuters) - Industrial conglomerate Larsen & Toubro Ltd bought an additional 2 percent stake in Mindtree Ltd, raising its total ownership to 26 percent, the IT services firm said on Thursday.

  • The Larsen & Toubro (NSE:LT) Share Price Is Up 58% And Shareholders Are Holding On
    Simply Wall St.

    The Larsen & Toubro (NSE:LT) Share Price Is Up 58% And Shareholders Are Holding On

    By buying an index fund, you can roughly match the market return with ease. But many of us dare to dream of bigger returns, and build a portfolio ourselves. Just take a look at Larsen & Toubro Limited (NSE:LT), which is...

  • L&T buys 20 percent of IT company Mindtree, targets more
    Reuters

    L&T buys 20 percent of IT company Mindtree, targets more

    Indian conglomerate Larsen & Toubro (L&T) is buying a 20.32 percent stake in IT services company Mindtree for 32.69 billion rupees ($476.57 million), it said on Monday. L&T, which is acquiring the shares from Indian coffee baron V.G. Siddhartha and companies related to him, said it had also placed an order with its broker for an on-market purchase of up to 15 percent of Mindtree's shares at 980 rupees apiece. It is also looking to buy an additional 31 percent from Mindtree's public shareholders at the same price.

  • L&T to spend up to $1 billion in hostile Mindtree takeover: report
    Reuters

    L&T to spend up to $1 billion in hostile Mindtree takeover: report

    Indian conglomerate Larsen & Toubro (L&T) will spend up to 70 billion rupees ($1.02 billion) in a hostile bid to buy IT services company Mindtree Ltd, the Times of India (TOI) reported, citing sources directly involved in the matter. L&T will buy out Mindtree's largest shareholder V.G. Siddhartha and companies which he founded, following which an open offer will be sent to the public shareholders of Mindtree, according to the report published in the newspaper on Monday. Subroto Bagchi, who co-founded Mindtree in 1999, said on Twitter that he has quit as the head of eastern Odisha state's Skill Development Authority to "save the company".

  • Reuters

    Algeria's Sonatrach signs $1 billion gas plant deal with Larsen & Toubro

    ALGIERS (Reuters) - Algeria's Sonatrach has signed a $1 billion contract with India's Larsen & Toubro to build plants to produce 11 million cubic metres of gas per day, Sonatrach's CEO said on Monday. ...

  • Reuters

    Larsen & Toubro third-quarter profit jumps 37 percent, beats estimates

    (Reuters) - Industrial conglomerate Larsen & Toubro Ltd posted a 37 percent surge in third-quarter profit on Friday, beating analysts' expectations, due to strong execution in project and service businesses. ...

  • Should You Be Worried About Insider Transactions At Larsen & Toubro Limited (NSE:LT)?
    Simply Wall St.

    Should You Be Worried About Insider Transactions At Larsen & Toubro Limited (NSE:LT)?

    We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders Read More...

  • Reuters

    BRIEF-Hock Seng Lee Says Consortium Consisting of Co Among Others Get Contract By Sarawak Energy

    Dec 27 (Reuters) - Hock Seng Lee Bhd: * CONSORTIUM OF LARSEN & TOUBRO LTD, CO & LARSEN & TOUBRO (EAST ASIA) GET CONTRACT BY SARAWAK ENERGY FOR MATANG SUBSTATION PROJECT * PROJECT IS WORTH 91 MILLION RGT ...

  • Reuters

    BRIEF-Scomi Group Says MMRDA Issues Notice Of Termination Of Contract To Co And Larsen & Toubro's Consortium

    Dec 17 (Reuters) - Scomi Group Bhd: * MUMBAI METROPOLITAN REGION DEVELOPMENT AUTHORITY ISSUES NOTICE OF TERMINATION OF CONTRACT TO CO AND LARSEN & TOUBRO'S CONSORTIUM * IN DISCUSSIONS WITH CONSORTIUM PARTNER ...

  • Simply Wall St.

    What Type Of Shareholder Owns Larsen & Toubro Limited’s (NSE:LT)?

    A look at the shareholders of Larsen & Toubro Limited (NSE:LT) can tell us which group is most powerful. Insiders often own a large chunk of younger, smaller, companies while<div><a class="permalink" href="https://simplywall.st/news/yahoo-post/what-type-of-shareholder-owns-larsen-toubro-limiteds-nselt/">Read More...</a></div>