L&T at 52 Week High; BSE 500 Index Up 0.3%
Thu, 15 Jul 09:46 AM

L&T share price has hit a 52-week high at Rs 1,605 (up 3.8%).

Meanwhile, the BSE 500 Index is at 21,813 (up 0.3%).

Among the top gainers in the BSE 500 Index today are L&T (up 3.8%) and L&T TECHONOLOGY (up 14.9%).

DHFL (down 10.0%) and HFCL (down 4.5%) are among the top losers today.

Over the last one year, L&T has moved up from Rs 929 to Rs 1,605, registering a gain of Rs 676 (up 72.54%).

The BSE 500 has moved up from 14,003 to 21,813, registering a gain of 7,810 points (up 55.7%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI ENTERPRISES (up 801.4%), INTELLECT DESIGN (up 520.2%) and MAGMA FINCORP (up 502.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 53,057 (up 0.2%). The top gainers among the BSE Sensex stocks today are L&T (up 3.8%), HCL TECHNOLOGIES (up 1.4%) and TECH MAHINDRA (up 1.4%). Other gainers include ULTRATECH CEMENT (up 0.9%) and HDFC BANK (up 0.7%). The most traded stocks in the BSE Sensex are HCL TECHNOLOGIES and L&T.

In the meantime, NSE Nifty is at 15,896 (up 0.2%). L&T (up 4.6%) and TECH MAHINDRA (up 1.7%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,694 to 53,057, registering a gain of 16,363 points (up 44.5%).

L&T Financial Update...

L&T net profit stood at Rs 37 billion for the quarter ended March 2021, compared to a profit of Rs 26 billion a year ago. Net Sales rose 35.1% to Rs 480.9 billion during the period as against Rs 356.0 billion in January-March 2020.

For the year ended March 2020, L&T reported 5.7% increase in net profit to Rs 108.2 billion compared to net profit of Rs 102.4 billion during FY19.

Revenue of the company grew 6.9% to Rs 1,510 billion during FY20.

The current Price to earnings ratio of L&T, based on rolling 12 month earnings, stands at 48.2x.



What else is happening in the markets today? Dig in...

  

Stock Market Updates

Jul 15, 2021 09:30 am

Asian share markets are firm today after Federal Reserve Chair Jerome Powell said the US economy was still a ways off from levels the central bank.

Jul 15, 2021 09:44 AM

ZENSAR TECHNOLOGIES share price is trading up by 5% and its current market price is Rs 356. The BSE IT is up by 0.2%. The top gainers in the BSE IT Index are ZENSAR TECHNOLOGIES (up 5.3%) and L&T TECHONOLOGY (up 13.8%). The top losers are TCS (down 0.1%) and MINDTREE (down 0.4%).

Jul 15, 2021 09:38 AM

L&T TECHONOLOGY share price is trading up by 13% and its current market price is Rs 3,288. The BSE IT is up by 0.6%. The top gainers in the BSE IT Index is L&T TECHONOLOGY (up 12.9%). The top losers are COFORGE (down 0.5%) and MPHASIS (down 0.9%).

Jul 15, 2021 09:36 AM

WIPRO share price has hit an all time high at Rs 570 (up 0.9%). The BSE IT Index is up by 0.6%. Among the top gainers in the BSE IT Index today are WIPRO (up 0.9%) and TATA ELXSI (up 3.7%). The top losers include HEXAWARE TECHNOLOGIES and MINDTREE .

Jul 15, 2021 09:36 AM

MARICO share price has hit an all time high at Rs 550 (up 1.9%). The BSE FMCG Index is up by 0.2%. Among the top gainers in the BSE FMCG Index today are MARICO (up 1.9%) and P&G HYGIENE . The top losers include DABUR and BRITANNIA .

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