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.
L&T Valves, a part of L&T, has supplied the first
Gautam Shah of JM Financial is of the view that on
Mitesh Thacker of miteshthacker.com recommends buy
"The construction arm of L&T has won orders worth