Larsen & Toubro Ltd., incorporated in the year 1946, is a Large Cap company (having a market cap of Rs 213580.42 Crore) operating in Construction sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 36661.08 Crore, up 16.04 % from last quarter Total Income of Rs 31593.77 Crore and down -.14 % from last year same quarter Total Income of Rs 36711.69 Crore. Company reported net profit after tax of Rs 2849.08 Crore in latest quarter.
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Investment Rationale
Price resumes uptrend after taking support at 34 day EMA & close above past 3 sessions high
Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of Dec 31, 2020, while FIIs held 18.8 per cent, DIIs 17.2 and public and others 64 per cent.