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.
is Rs 1336.1 .
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 Construction sector.
Larsen - Toubro Ltd.
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 31-Mar-2019.
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.
The companys top management includes Mr.A M Naik, Mr.Adil Siraj Zainulbhai, Mr.Ajay Shankar, Mr.Arvind Gupta, Mr.D K Sen, Mr.Hemant 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.