Larsen and Toubro FY09 First Quarter Performance at FinGad.com

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Larsen and Toubro FY09 First Quarter Performance

Categorie: Equities
Submitted 3 months ago by

Narasimhan , Owner at Krish Systems

Larsen and Toubro (L&T), one of the India’s largest engineering conglomerates, was founded in the year 1938 by two Danish engineers, Henning Holck-Larsen and Soren Kristian Toubro at Mumbai. The company first carried on the business of importing machineries from Europe, and then rapidly took on engineering and construction assignments of increasing sophistication. L&T is now make its mark in the areas of Construction, hydraulic equipment, electric and electronic power services, fertilizer projects, medical electronics and information technology. It generates almost 85% of its revenue from the construction business. L&T’s engineering and construction, implements turnkey projects in major core and infrastructure sectors of Indian industry. The company is executing large scale Turnkey projects by accessing technical know-how from many global companies. The company has integrated its strengths in... More...

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#1 | Liz @ 3 months ago User Rank : 662 Portfoilo Balance: $216,918.00 Comment Rating: 0 Flag Comment Spam | Miscategorized | Prohibited: 33% jump in Q1 because the company has strong order inflows.

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