Denemek ALTIN - Özgür
Is L&T FY26 guidance on lower side?
Mint Mumbai
|May 12, 2025
Spoiling the show
The Street cheered Larsen & Toubro Ltd's (L&T) FY25 with the stock closing 3.6% up on Friday to ₹3,444 on the National Stock Exchange.
The rise stands out as equity markets were reeling under pressure amid India-Pakistan tension. The stock's positive reaction can be attributed to L&T exceeding core engineering and construction (E&C) FY25 order inflow and revenue growth guidance of 10% and 15%.
E&C order inflow grew 20% in FY25 and revenue 19%.
The moot question now is: Can there be a positive surprise in FY26, too?
That's likely for order inflows, as management seems to be in an 'under-promise' and 'over-deliver' mode, based on the inference drawn from L&T's FY26 guidance and prospective order pipeline.
The firm believes that there could be a prospective pipeline of ₹19 trillion for FY26, a big jump from ₹12 trillion at the start of FY25.
Bu hikaye Mint Mumbai dergisinin May 12, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
Mint Mumbai'den DAHA FAZLA HİKAYE
Mint Mumbai
HCLTech reports $146 mn in advanced AI revenue, up 46%
HCL Technologies Ltd's management said it would continue to share revenue from automation tools, as this would give stakeholders a ringside view of the company’s prowess in making itself future-ready.
2 mins
January 14, 2026
Mint Mumbai
Battery storage set to get local flavour
Components in BESS may need compulsory 50% local content
3 mins
January 14, 2026
Mint Mumbai
USK buys into US snack brand Go Raw
USK Capital, the family office of billionaire banker Uday Kotak, has acquired a majority stake in Freeland Foods LLC, which owns the US-based seed-snack brand Go Raw.
1 mins
January 14, 2026
Mint Mumbai
Road ministry outlay to stay flat, in push for pvt capital
The Centre may keep the road ministry's allocation in the Union Budget 2026-27 nearly unchanged from the previous year's ₹2.72 trillion, aiming to shift focus towards attracting private investment, even as highway construction slows, according to two officials close to the discussions.
4 mins
January 14, 2026
Mint Mumbai
FPIs switch gears: Cyclicals gain, defensives lose in 2025
FPIs pulled 1.67 trillion from Indian equities in 2025, despite sharp sector-level divergence
4 mins
January 14, 2026
Mint Mumbai
Consent at a tap becomes a challenge for digital lending
Lenders want continuous access to and use of certain borrower data for duration of live loans
3 mins
January 14, 2026
Mint Mumbai
Electronics to beat IT pace in 5 years
Driven by aggressive policy support and a global realignment of supply chains, India's electronics manufacturing industry is set to grow nearly three times faster than the country's flagship information technology (IT) services sector and draw level with it in terms of revenues over the next five years, a top government official said.
2 mins
January 14, 2026
Mint Mumbai
Why FIIs are back in consumer durables
Foreign institutional investors (FIIs) reversed the four-month selling streak in December, turning net buyers of Indian consumer durable stocks with purchases worth $438 million.
2 mins
January 14, 2026
Mint Mumbai
TCS, HCL signal no broad revival
The December quarter (Q3FY26) results of large-cap information technology (IT) companies Tata Consultancy Services Ltd (TCS) and HCL Technologies Ltd played out largely as expected, with HCL leading on revenue growth.
2 mins
January 14, 2026
Mint Mumbai
He's their daddy. Meme-stock traders rush to Powell's defense.
When Jerome Powell went public with his defense of the Federal Reserve's independence, the central bank’s chair found an unlikely army standing behind him: the meme-stock crowd.
3 mins
January 14, 2026
Listen
Translate
Change font size