Larsen & Toubro Limited was dream started by two Danish Engineers. It was the business of cement that brought Mr. Henning Holck-Larsen and Mr. S.K. Toubro into India. Larsen and Toubro- founded in 1938, later converted into a limited company in 1946. The company has grown from small dream in to a large business house dealing in engineering and construction. ECC- Engineering Construction Corporation Limited was built in 1944 and became a wholly owned subsidiary of Larsen & Toubro Limited. The main objective and short term plan of the company was to provide a wide spread of services to common man and till today it’s their primary motto.
Larsen & Toubro Limited is Indian giants dealing in engineering and construction with developmental interests in electrical products, electronics and Information technology, trading and construction. The company enjoys elite brand image in India and globally. Its Heavy Engineering segment manufactures and supplies equipment and systems to industries like petrochemicals fertilizers, refinery and technology for defense applications.
ECC – the Engineering Construction & Contracts Division of L&T – is India’s largest construction organization. Almost all Indian prized landmarks, be it, the tallest tower, modern structures, industrial projects, and flyovers have been constructed by ECC. Cutting edge technology and strong Leadership capabilities of ECC cover every discipline of construction: civil, mechanical, electrical and instrumentation engineering. L&T has condensed its strengths in detailed engineering, process technology, project management, procurement, fabrication and erection, construction and commissioning, L&T’s international presence is on the rise, with a global spread of over 30 offices and joint ventures with world leaders.
According to latest Stock market analysis report, the value of the L&T share is on rise due to its global spread. Long term plan of Larsen & Toubro is to buy Thermal Coal Mine in Australia. So here are some tips for stock holders. Read the latest analysis report on this deal and assess its effect on company and your share value. The company has a reputation of yielding high returns in its stocks for the investors who buy its stocks for both short term and long term positive results.
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L&T has bagged a new order for the Hyderabad metro rail project of Rs 12,000 crore, reports Zee Business. The stock is currently trading at Rs 1875, up 2.05% on the BSE
Hold L&T with a target of Rs 2200 and stop loss of Rs 1720, says MB Singh, technical analyst, on Zee Business. The stock is currently trading at Rs 1841, up 1.5% on the BSE
Hold L&T with target of Rs 2000 in 3 months, says SP Tulsian, market analyst, on CNBC TV18. The stock is currently trading at Rs 1829.75, up 0.6% on the BSE.
Buy L&T with target of Rs 2000 and stop loss of Rs 1680, says Hitesh Eidnani of Trend Tech Consultants on NDTV Profit. The stock is currently trading at Rs 1799, up 0.6% on the BSE.