L&T gave the robust fourth quarter results with net up 38%. It has also announced a bonus of 1:1 . This is the second one in 2 years.
It has moved up sharply for last 2 days. Hope it helps in reviving the sentiments in the capital goods space.
Apart from the diverse operations, it is now eyeing JV with Indian Railways.
Last month it hived off RMC business stating it as non - core and made a cool profit.
Mark to Market loss is partially recovered and hope to square off soon.
Saturday, May 31, 2008
Larsen & Toubro
Subscribe to:
Post Comments (Atom)
1 comments:
They are doing so good here in china. The company is going good.
Post a Comment