SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

L&T spurts on acquiring 60 per cent stake in Mindtree

28 Jun 2019 Evaluate

Larsen & Toubro is currently trading at Rs. 1568.50, up by 20.40 points or 1.32% from its previous closing of Rs. 1550.70 on the BSE.

The scrip opened at Rs. 1555.00 and has touched a high and low of Rs. 1573.00 and Rs. 1555.00 respectively. So far 39100 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1606.70 on 28-May-2019 and a 52 week low of Rs. 1183.40 on 23-Oct-2018.

Last one week high and low of the scrip stood at Rs. 1573.00 and Rs. 1522.00 respectively. The current market cap of the company is Rs. 219408.40 crore.

The Institutions holding in the company stood at 57.83%, while Institutions and Non-Institutions held  42.17% respectively.

Larsen & Toubro (L&T) has acquired a majority 60 per cent stake in Mindtree after its open offer to buy 31 per cent shares got over-subscribed. The company had bought 20.32 per cent shares in Mindtree from V G Siddhartha and his coffee enterprise for over Rs 3,000 crore in March and subsequently made an open offer to buy an additional 31 per cent stake.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.

Larsen & Toubro Share Price

3966.20 6.30 (0.16%)
13-Apr-2026 13:53 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3966.20
Rail Vikas Nigam 271.10
NCC 152.45
KEC International 565.10
Kalpataru Projects 1170.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×