INSUBCONTINENT EXCLUSIVE:
Gaurav Bissa of LKP Securities has a buy call on Larsen - Toubro Ltd
with a target price of Rs 1420.0
The current price of Larsen - Toubro Ltd
Gaurav Bissa recommended to keep a stoploss at Rs 1300
Larsen - Toubro Ltd., incorporated in the year 1946, is a Large Cap company (having a market cap of Rs 189462.43 Crore) operating in
key Products/Revenue Segments include Income From Construction Work which contributed Rs 77799.03 Crore to Sales Value (89.43 % of Total
Sales), Income from Manufacturing and Trading Activities which contributed Rs 6238.01 Crore to Sales Value (7.17 % of Total Sales), Other
Operating Revenue which contributed Rs 1145.98 Crore to Sales Value (1.31 % of Total Sales), Other Services which contributed Rs 933.61
Crore to Sales Value (1.07 % of Total Sales), Property Development which contributed Rs 642.08 Crore to Sales Value (0.73 % of Total Sales),
Commission which contributed Rs 160.16 Crore to Sales Value (0.18 % of Total Sales), Lease Rentals which contributed Rs 58.93 Crore to Sales
Value (0.06 % of Total Sales) and Engineering which contributed Rs 10.06 Crore to Sales Value (0.01 % of Total Sales)for the year ending
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 35328.45 Crore, up 19.21 % from last quarter Sales of
Rs 29635.95 Crore and up 15.16 % from last year same quarter Sales of Rs 30678.13 Crore Company has reported net profit after tax of Rs
2730.39 Crore in latest quarter
Bhargava, Mr.Jayant Damodar Patil, Mr.M Damodaran, Mr.M M Chitale, Mr.M V Satish, Mr.Narayanan Kumar, Mr.R Shankar Raman, Mr.S N
Subrahmanyan, Mr.Sanjeev Aga, Mr.Shailendra Narain Roy, Mr.Subodh Bhargava, Mr.Subramanian Sarma, Mr.T Thomas Mathew, Mr.Vikram Singh Mehta,
Mrs.Naina Lal Kidwai, Mrs.Sunita Sharma
Company has Deloitte Haskins - Sells LLP as its auditoRs As on 30-09-2019, the company has a total of 1,403,265,582 shares outstanding.