L&T Q2 EXPECTATIONS
Jubilant Food shares up 0.28% as Sensex rises
A total of 19,612 shares changed hands on the counter till 11:52AM (IST)
LTIMindtree stock price down 0.18 per cent as Sensex climbs
As of 31-Mar-2024, promoters held 68.6 per cent stake in the company, while FIIs held 7.86 per cent and domestic institutional investors had 6.22 per cent.
Infra cos step up hiring betting on govt focus on sector
India's infrastructure sector is hiring millions in unskilled, semi-skilled, and skilled labor segments, with expectations that the new government will continue investing in infrastructure development, including highways, roads, and airports. An estimated 9.8 million jobs are expected to be created in FY25, driven by strategic investments and ambitious plans for transportation and logistics development.
Fitch assigns 'BBB+' rating on Larsen & Toubro; outlook stable
The company's strong market position as a leading global engineering and construction firm, combined with above-average profitability and solid revenue visibility, is reflected in its ratings. The credit rating agency noted that the stable outlook indicates the company will maintain comfortable leverage, supported by sustained EBITDA growth and prudent financial management, despite higher growth investments.
Jubilant Food shares decline 1.11% as Sensex climbs
A total of 55,189 shares changed hands on the counter till 02:10PM (IST)
Shares of LTIMindtree rise as Nifty gains
On the technical charts, the 200-day moving average of the stock stood at Rs 5292.5.
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Accumulate LTIMindtree, target price Rs 5910: Prabhudas Lilladher
LTIMindtree Ltd., incorporated in the year 1996, is a Large Cap company (having a market cap of Rs 162404.15 Crore) operating in IT Software sector.
ISRO's Aditya-L1 completes first halo orbit around Sun-Earth L1 point in 178 days
India's first solar mission, Aditya-L1, completed its first halo orbit around the Sun-Earth L1 point, the Indian Space Research Organisation (ISRO) announced. Launched on September 2 last year, the Aditya-L1 spacecraft was inserted into its targeted halo orbit on January 6. It takes 178 days to complete a revolution around the L1 point. Station-keeping manoeuvres on February 22, June 7, and July 2 have maintained its orbit, with the latest manoeuvre ensuring it continues into the second halo orbit path. The mission's complex dynamics and trajectory planning have validated ISRO's in-house flight dynamics software.
ISRO's Aditya-L1 completes first halo orbit around Sun-Earth L1 point
ISRO's URSC validated the flight dynamics software for Aditya-L1 spacecraft, which completed its first halo orbit around the Sun-Earth L1 point in 178 days. The recent manoeuvre guaranteed the seamless continuation of its journey in the second halo orbit, illustrating ISRO's expertise in space exploration.
Jubilant Food shares down 0.88% as Nifty drops
A total of 26,174 shares changed hands on the counter till 01:29PM (IST).
LTIMindtree shares rise 1.23% as Nifty gains
The stock quoted a 52-week high price of Rs 6442.65 and a 52-week low of Rs 4518.35.
Hot Stocks: Brokerage view on IndiGo, L&T, Epigral and Anant Raj
Goldman Sachs and UBS recommend buying IndiGo and L&T, respectively. Emkay Global sees growth opportunities in Epigral, while DAM Capital is optimistic about Anant Raj's data center potential and realty projects. Overall, the brokerage firms are positive about the long-term prospects of these companies.
Parva by S L Bhyrappa
The 'Madra' people, a group of people between the Iravati and Chandrabhaga rivers, are ruled by Salya, an old and growing-old king. His grand-daughter, a 20-year-old, is amazed by his strength and power, but Salya explains that they are people from old times, living in cities of other kingdoms and in good health.
LTIMindtree rises 1.81% as Sensex climbs
The stock traded at a P/E multiple of 34.82, while the price-to-book value ratio stood at 7.3.
Jubilant Food rises 1.45% as Sensex climbs
The stock traded at a P/E multiple of 93.08, while the price-to-book value ratio stood at 13.63.
LTIMindtree shares down 0.17% as Nifty gains
A total of 15,274 shares changed hands on the counter till 01:55PM (IST).
Jubilant Food shares gain 1.58% as Sensex rises
A total of 10,980 shares changed hands on the counter till 11:47AM (IST)
L&T hit by 'severe' skilled manpower shortage: 45,000 engineers & techies needed
Larsen & Toubro (L&T) faces a severe shortage of skilled labor, with a deficit of 25,000 workers in engineering and construction, and 20,000 in IT and IT services, per its Chairman S N Subrahmanyan. This shortfall, due to various factors including high attrition and migration, is affecting project execution.
LTIMindtree shares rise 2.76% as Sensex climbs
A total of 41,570 shares changed hands on the counter till 01:39PM (IST)
India needs to grow at 8 pc every year to be 3rd biggest economy by 2030: L&T chairman emeritus
L&T Chairman S N Subrahmanyan said he is sanguine about the same policies will continue as the same government has come back to power, and added that it is a majority government as well. "It is same govt releected with a different kind of a mandate," he said, when asked about the challenges that will be faced by a coalition government.
L&T group facing shortage of over 45,000 labourers and engineers: Chairman Subrahmanyan
The flagship engineering, procurement and construction business is grappling with a labour shortage of 25,000-30,000 labourers, while the information technology and IT-enabled services business is facing a shortage of 20,000 engineers, he told reporters here.
Jubilant Food shares fall 0.53% as Nifty gains
The stock quoted a 52-week high price of Rs 586.35 and a 52-week low of Rs 420.85.
LTIMindtree rises 0.66% as Sensex climbs
The stock traded at a P/E multiple of 33.29, while the price-to-book value ratio stood at 7.3.
LTIMindtree shares fall 0.21% as Nifty gains
The stock quoted a 52-week high price of Rs 6442.65 and a 52-week low of Rs 4518.35.
Jubilant Food share price up 1.61 per cent
A total of 45,647 shares changed hands on the counter till 10:15AM (IST).
Comprehensive guide to the L-2 visa for dependents of L-1 visa holders
The L-2 visa allows spouses and unmarried children under 21 of L-1 visa holders to accompany them to the US, providing work and study benefits. It requires specific documents for application and can be extended with the L-1 visa. Dependents can work with an EAD and pursue education in the US.
LTIMindtree shares gain 2.41% as Sensex rises
On the technical charts, the RSI of the stock stood at 68.03.
Share price of LTIMindtree falls as Sensex gains 94.79 points
Promoters held 68.6 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 7.86 per cent and 6.22 per cent, respectively.
LTIMindtree shares up 1.34% as Nifty gains
A total of 7,337 shares changed hands on the counter till 10:30AM (IST).
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