Larsen & Toubro shares are trading lower, reversing pre-market session gains after reporting strong Q3 results. The company posted 24.2% YoY rise in consolidated net profit on 17.5% total income growth for Q3FY23. Its EBITDA was up 12% YoY with a slight margin contraction.
Larsen and Toubro (L&T) is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services. It operates in many countries worldwide. A strong customer-focused approach and a constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades. It is engaged in core high impact sectors of the economy and its integrated capabilities span the entire spectrum of 'design to deliver'. The company has unmatched expertise and maintain leadership in all its major lines of business. Every aspect of L&T's businesses is characterised by professionalism and high standards of corporate governance.
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| Day | Open | Close | Day's change |
|---|---|---|---|
| Mon, Jan 30 | 2,129.40 | 2,112.90 | -0.78% |
| Fri, Jan 27 | 2,174.70 | 2,159.85 | -0.69% |
| Wed, Jan 25 | 2,201.00 | 2,174.70 | -1.21% |
| Tue, Jan 24 | 2,244.70 | 2,207.50 | -1.69% |
| Mon, Jan 23 | 2,255.00 | 2,233.50 | -0.96% |
| Fri, Jan 20 | 2,282.45 | 2,249.95 | -1.44% |
| Thu, Jan 19 | 2,259.85 | 2,273.10 | 0.58% |
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