Date: 12-06-2009

Larsen & Toubro (L&T), which on Thursday completed disinvestment of its cement-making arm, may follow up with strategic sales of other units such as those making medical equipment and petrol pump equipment, according to company and market sources.

 

The company, which is into areas as diverse as information technology, defence, engineering and construction, has been trying to get out of many of its units, but had been held back by lack of buyer interest caused by the tight credit conditions in the market.

 

The engineering and construction major wrapped up divestment of the cement unit, whose reins it had handed over to the Aditya Birla group's Grasim Industries in 2004. It sold its entire 11.49% stake in UltraTech cement at an average price of Rs 725 per share, raising around Rs 1,037 crore.

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Latest Financials

Latest Financials

 - Larsen & Toubro Ltd.

  Standalone Consolidated
TTM EPS (Rs) 48.09 61.7
TTM Sales (Rs. Cr.) 83,107 1,36,751
BVPS (Rs.)
The total value that a company will fetch upon liquidation (if it is closed down), after settling all obligations is called its Book Value. Book value of a company includes only tangible assets. Book value allocated to each outstanding share is called Book Value per share
356.63 418.94
Reserves (Rs. Cr.)
The term reserve represents a part of shareholders' equity, except for basic share capital. Reserves are created from retained earnings and shareholders' contributions in the form of share premium etc.
49,744 58,485
P/BV
Price to Book Value is the ratio of stock's market value to its book value. It gives some idea of whether investors are paying too much for what would be left if the company went bankrupt immediately. To get high returns, it is advisable to invest in a company which satisfies all the criteria set by MoneyWorks4me and which has low price to book value ratio.
3.78 3.22
PE
It is the ratio of market price and earnings per share. It shows what the market is willing to pay for the company's earnings. To get high returns it is advisable to invest in the company which satisfies all the criteria set by MoneyWorks4me and which has low price to earnings ratio as compared to the industry.
28.03 21.85
From the Market
52 Week High / Low (Rs) 1459.10/1183.40
All Time High / Low (Rs) 1469.60/9.31
Volume Traded 9,881
Market Cap (Rs. Cr.) 1,89,095
Equity (Rs. Cr.) 280.55
Face Value (Rs) 2
Industry PE
Industry price to earnings per share tells on an average, what the market is willing to pay for overall earnings in that industry. It can be used as a benchmark price to earnings ratio for the companies in that industry.
21.15
1353.95 5.90 (0.44%)
Apr 24, 10:09
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