Nifty14,485.00143.65

SAIL100.507.4

FEATURED FUNDS

★★★★★

ICICI Prudential Midcap Direct Plan-Growth

ICICI Prudential Large & Mid Cap Fund Direct Pla..

ICICI Prudential Smallcap Fund Direct Plan-Growt..

ICICI Prudential Credit Risk Fund Direct Plan-Gr..

ICICI Prudential Asset Allocator Fund (FOF) Dire..

A timely ESG shot in the arm may support L&T's stock

With improved ESG rating, L&T stock has moved to the "average" category from "laggard". It can therefore now figure in the investable universe of global ESG investors.

Synopsis
On the business front, L&T’s order inflow picked up sharply in the second half of the FY21 after a contraction in the first half.

ET Intelligence Group: After languishing in a tight range over the past three months, the stock of Larsen & Toubro (L&T) may regain momentum following rising interest among foreign institutional investors (FPIs). Their holding in the company increased by 90 basis points sequentially to 22% in the March quarter, according to the data from the BSE. In addition, the company’s rating on the environment, social, and governance (ESG) scale has been

Ashutosh R Shyam

ET Bureau

3 mins read

Apr 26, 2021, 07:23 PM IST

Share This Article

GIFT ARTICLE
FONT SIZE
AbcSmall
AbcMedium
AbcLarge
SAVE
PRINT
COMMENT

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

₹399/month

Monthly PLAN

Billed Amount ₹399

No Trial Period

~~₹399~~

₹208/month

(Save 49%)

Yearly PLAN

Billed Amount ₹2,499

15 Days Trial +Includes DocuBay and TimesPrime Membership.

~~₹399~~

₹150/month

(Save 63%)

2-Year PLAN

Billed Amount ₹3,599

15 Days Trial +Includes DocuBay and TimesPrime Membership.

Why ?

Sharp Insight-rich, Indepth stories across 20+ sectors
Access the exclusive Economic Times stories, Editorial and Expert opinion
Clean experience with
Minimal Ads
Comment & Engage with ET Prime community
Exclusive invites to Virtual Events with Industry Leaders
A trusted team of Journalists & Analysts who can best filter signal from noise