Feb 08, 2011, 01.29 PM | Source: Moneycontrol.com
Strongly denying reports of construction major L&Tís exit from L&T Infotech, the later has said that the parent company continues to be a strong support for its growth.
Expecting USD 40 million revenue from its recent Canadian acquisition, the company is on track to touch revenues of USD 1 billion in the next three years. L&T Infotech has currently reached a sale base of USD 500 million with a client base of 170 clients.
It is also investing in expansion plans across geographies.
Larsen stock price
On May 04, 2016, at 14:00 hrs Larsen and Toubro was quoting at Rs 1248.50, down Rs 2.35, or 0.19 percent. The 52-week high of the share was Rs 1886.25 and the 52-week low was Rs 1016.60.
The company's trailing 12-month (TTM) EPS was at Rs 51.87 per share as per the quarter ended December 2015. The stock's price-to-earnings (P/E) ratio was 24.07. The latest book value of the company is Rs 397.81 per share. At current value, the price-to-book value of the company is 3.14.
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