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    500510   INE018A01030

LARSEN & TOUBRO LIMITED

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HydrogenPro AS Signs MOU with L&T for Manufacturing Hydrogen Electrolysers in India

01/26/2022 | 08:36pm EDT

Larsen & Toubro (L&T) announced it has entered a Memorandum of Understanding (MoU) with HydrogenPro AS for partnership to tap the emerging Green Hydrogen market. Under this agreement, L&T and HydrogenPro will jointly work towards setting up of a joint venture in India for Gigawatt-scale manufacturing of Alkaline Water Electrolysers based on HydrogenPro technology for Indian market and other select geographies. The proposed joint venture in India is in line with L&T's strategic vision to be present across the green energy value chain and HydrogenPro's strategy of establishing a global manufacturing footprint to maintain cost leadership and ensure local presence.


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Analyst Recommendations on LARSEN & TOUBRO LIMITED
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Financials
Sales 2022 1 569 B 20 191 M 20 191 M
Net income 2022 93 117 M 1 198 M 1 198 M
Net Debt 2022 1 053 B 13 551 M 13 551 M
P/E ratio 2022 24,0x
Yield 2022 1,45%
Capitalization 2 210 B 28 439 M 28 439 M
EV / Sales 2022 2,08x
EV / Sales 2023 1,90x
Nbr of Employees 40 253
Free-Float 84,3%
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Larsen & Toubro Limited Technical Analysis Chart | 500510 | INE018A01030 | MarketScreener
Technical analysis trends LARSEN & TOUBRO LIMITED
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 34
Last Close Price 1 573,25 INR
Average target price 2 053,59 INR
Spread / Average Target 30,5%
EPS Revisions
Managers and Directors
Sekharipuram Narayan Subrahmanyan Chief Executive Officer, MD & Executive Director
Ramamurthi Shankar Raman Chief Financial Officer & Executive Director
Anil Kumar Manibhai Naik Group Non-Executive Chairman
A. Sivaram Nair Secretary & Compliance Officer
Mukund Manohar Chitale Independent Non-Executive Director