HomeNewsBusinessStocksL&T announces Q3 results; stock slips

L&T announces Q3 results; stock slips

L&T touched an intraday high of Rs 1,732.70 and an intraday low of Rs 1,666.70. At 14:59 hrs the share was quoting at Rs 1,696.00, down Rs 14.05, or 0.82% on the NSE. It has reported a net profit at Rs 840.6 crore in Q3FY11 as against Rs 768.8 in same period of previous year, a growth of 9.34%.

January 17, 2011 / 15:02 IST
Story continues below Advertisement

Larsen and Toubro (L&T) touched an intraday high of Rs 1,732.70 and an intraday low of Rs 1,666.70. At 14:59 hrs the share was quoting at Rs 1,696.00, down Rs 14.05, or 0.82% on the NSE.

It has announced its results for the quarter ended December 2010. It has reported a net profit at Rs 840.6 crore in Q3FY11 as against Rs 768.8 in same period of previous year, a growth of 9.34%. The company earned one time gain of Rs 35 crore. Its revenues jumped 40.52% to Rs 11,413 crore from Rs 8,122.2 crore in Q3FY10, reports CNBC-TV18.
 
It was trading with volumes of 2,489,371 shares. In the previous trading session, the share closed down 2.19% or Rs 38.20 at Rs 1,710.05.

Share Price Movement During The Last 12 Months
PeriodPriceLatest PriceGain/Loss (Rs.)% Gain/Loss
3-Days1760.151696.00-64.15-3.64
5-Days1780.751696.00-84.75-4.76
7-Days1846.251696.00-150.25-8.14
15-Days1975.451696.00-279.45-14.15
1-Month1999.851696.00-303.85-15.19
3-Month2012.051696.00-316.05-15.71
6-Month1883.851696.00-187.85-9.97
9-Month1572.001696.00124.007.89
1-Year1668.401696.0027.601.65
first published: Jan 17, 2011 02:59 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!