Larsen & Toubro Limited (L&T) is one of the largest engineering and construction companies in the world
Founded in 1938 by Henning Holck-Larsen and Søren Kristian Toubro
L&T is headquartered in Mumbai, India, and has a presence in over 60 countries
L&T’s share price is INR 3023.55 and it is considered to be a
blue-chip stock
by many investors
L&T’s net income for the quarter was INR 24.93 billion, showing a substantial improvement from INR 17.02 billion
Financials
Analysts expect Larsen & Toubro Limited’s (L&T) share price to grow at an average rate of
15%
annually
Total Market Capitalization of Larsen & Toubro Limited (L&T) 2023
The total market capitalization of L&T is INR 424.78 billion, this is approx
$10.88
billion.
L&T’s IPO was launched in 2016. The company raised INR
12,360
crores through its IPO, which was the largest IPO in India at the time
Moneyjugaad.com
Read Full Article
Read Here