New Delhi, Jan. 30 -- Larsen and Toubro (L&T), the engineering, procurement, and construction (EPC) major, is set to announce its earnings for the third quarter of FY25 today. L&T share price traded higher ahead of the Q3 results today. The stock gained as much as 1.98% to Rs.3,517.50 apiece on the BSE.
L&T stock price has remained weak in the past one year. While L&T shares are down 3% in one month, they have fallen 8% in six months and over 4% in one year. However, L&T share price has delivered 65% returns in two years.
L&T is expected to report strong earnings growth led by rising orderbook and large project execution.
The company's net profit in the quarter ended December is expected to rise 24% year-on-year, while revenue is estim...
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