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L&T Technology Services slips despite reporting 47% rise in Q3 consolidated net profit

18 Jan 2019 Evaluate

L&T Technology Services is currently trading at Rs. 1640.50, down by 48.95 points or 2.90% from its previous closing of Rs. 1689.45 on the BSE.

The scrip opened at Rs. 1711.00 and has touched a high and low of Rs. 1746.95 and Rs. 1636.25 respectively. So far 44969 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1852.50 on 03-Sep-2018 and a 52 week low of Rs. 976.00 on 19-Jan-2018.

Last one week high and low of the scrip stood at Rs. 1746.95 and Rs. 1625.00 respectively. The current market cap of the company is Rs. 17342.20 crore.

The promoters holding in the company stood at 80.66%, while Institutions and Non-Institutions held 8.19% and 11.15% respectively.

L&T Technology Services has reported a rise of 51.09% in its net profit at Rs 180.70 crore for the quarter ended December 31, 2018 as compared to Rs 119.60 crore for the same quarter in the previous year. Total income of the company increased by 31.65% at Rs 1,251.20 crore for Q3FY19 as compared Rs 950.40 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 47.11% in its net profit at Rs 186.10 crore for the quarter under review as compared to Rs 126.50 crore for the same quarter in the previous year. Total income of the company increased by 33.60% at Rs 1,352.80 crore for Q3FY19 as compared Rs 1,012.60 crore for the corresponding quarter previous year.

L&T Technology Serv. Share Price

3488.50 39.50 (1.15%)
17-Apr-2026 16:59 View Price Chart
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