L&T trades up
Thursday, May 28, 2009 11:02 am69623 shares traded on BSE in the counter. The stock saw a standard everyday volume of 10.41 lakh shares in the last single quarter.
The stock got an up of Rs.1334 and a down of Rs.1309.60 till now. The stock saw a 52-week up of Rs.1522.50 on 30th May last year and a 52-week down of Rs.557 on 9th March.
The company’s present equity is Rs.117.14 crore. Face value on each share is Rs.2. The present price of Rs.1332.10 slashes the company’s Quarter 3 December last year annualized EPS of Rs.103.90 by a PE manifold of 12.82
The stock had earned 44.40% as opposed to the BSE’s profit of 24.08%. It had also rushed 114.47% as opposed to the BSE’s profit of 58.68%.
L&T stated that it received 3 deals aggregating Rs.518.20 crore from several clients in Oman on 19th May. The deals were received by L&T (Oman), a subordinate of L&T International FZE. Larsen & Toubro (Oman) is a chief construction firm in Oman.
L&T on 16th April stated that the fresh deals increased 24% in the economic year that closed on 31st March.
L&T posted a 215.6% rush in net gain to Rs.1520.44 crore on 34.9% increase in net sales to Rs.8615.59 crore in Quarter 3 December last year over Quarter 3 December a year ago. The profit comprised an unusual increase of Rs.916.33 crore from sale ready-mix tangible business.
