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L&T rallies 5% in weak market on strong Q4 operational performance, outlook

Business Standard LogoBusiness Standard20h ago

L&T rallies 5% in weak market on strong Q4 operational performance, outlook - Business Standard

Quick Summary:

Analysts at ICICI Securities believe that given the backlog growth (book to bill >2 years) and strong operational execution, the company will achieve strong revenue growth over the medium term.

L&T is optimistic about spending in the Gulf Cooperation Council (GCC) region for renewable, clean energy and transmission projects and has strong funding lines for existing projects, despite oil prices hovering around $60 per barrel.

Order inflow for the quarter ended March 31, 2025, stood at ₹ 89,613 crore, up 24 per cent YoY.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-09 @ 10:51:38 (20 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 901 words

Reading Time: 6 minutes read

Sentences: 37 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28506693

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 271 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://pyramidalism.beamstart.com/news/lt-rallies-5-in-weak-17467686204973

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