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NEW DELHI: Shares of Larsen & Toubro Ltd. traded 4.03 per cent down in Thursday's trade at 12:41PM (IST). Around 317,532 shares changed hands on the counter.
The stock opened at Rs 953 and touched an intraday high and low of Rs 958.95 and Rs 935.55, respectively, in the session so far. The stock of Larsen & Toubro Ltd. quoted a 52-week high of Rs 1491.15 and a 52-week low of Rs 661.05.
Total market cap of the Larsen & Toubro Ltd. stood at Rs 132660.23 crore at the time of writing this report.
The company posted a 45 per cent decline in consolidated net profit to Rs 1,410.29 crore for the quarter ended September, hit by the Covid-19 pandemic. The company had clocked a net profit of Rs 2,551.67 crore in the year-ago period, it said in a regulatory filing.
Key Financials
The company reported consolidated net sales of Rs 31034.74 crore for the quarter ended 30-Sep-2020, up 45.98 per cent from previous quarter's Rs 21259.97 crore and up 12.15 per cent from the year-ago quarter's Rs 35328.45 crore.
The net profit for latest quarter stood at Rs 5520.27 crore, up 118.43 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Sep-2020, domestic institutional investors held 16.32 per cent stake in the firm, while foreign institutional investors held 17.62 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 11.66 and a price-to-book ratio of 1.7. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Larsen & Toubro Ltd. belongs to the Construction & Engineering industry.
The stock opened at Rs 953 and touched an intraday high and low of Rs 958.95 and Rs 935.55, respectively, in the session so far. The stock of Larsen & Toubro Ltd. quoted a 52-week high of Rs 1491.15 and a 52-week low of Rs 661.05.
Total market cap of the Larsen & Toubro Ltd. stood at Rs 132660.23 crore at the time of writing this report.
The company posted a 45 per cent decline in consolidated net profit to Rs 1,410.29 crore for the quarter ended September, hit by the Covid-19 pandemic. The company had clocked a net profit of Rs 2,551.67 crore in the year-ago period, it said in a regulatory filing.
Key Financials
The company reported consolidated net sales of Rs 31034.74 crore for the quarter ended 30-Sep-2020, up 45.98 per cent from previous quarter's Rs 21259.97 crore and up 12.15 per cent from the year-ago quarter's Rs 35328.45 crore.
The net profit for latest quarter stood at Rs 5520.27 crore, up 118.43 per cent from the same quarter a year ago.
Shareholding pattern
As of 30-Sep-2020, domestic institutional investors held 16.32 per cent stake in the firm, while foreign institutional investors held 17.62 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 11.66 and a price-to-book ratio of 1.7. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Larsen & Toubro Ltd. belongs to the Construction & Engineering industry.
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