Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  MUMBAI STOCK EXCHANGE  >  Larsen & Toubro Limited    500510   INE018A01030

LARSEN & TOUBRO LIMITED

(500510)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Larsen & Toubro, MBDA JV Sets Up Missile Facility in Tamil Nadu, India

share with twitter share with LinkedIn share with facebook
share via e-mail
02/03/2020 | 01:06am EDT

By P.R. Venkat

A joint venture between India's Larsen & Toubro Ltd. (500510.BY) and European missile manufacturer MBDA has established a missile integration facility in Tamil Nadu, India.

The joint venture, L&T MBDA Missile Systems, set up the 16,000-square-meter assembly, integration and testing facility for missile subsystems and missile weapon launch systems in a special economic zone in Coimbatore city, the companies said in a statement Monday.

L&T MBDA has received a few export orders and the new facility will start delivering weapon systems such as missile launchers and airframe segments, including control actuation units, from 2020, according to the statement.

The joint venture will also build missile systems for the Indian armed forces.

L&T holds a 51% stake in the joint venture, while MBDA owns 49%.

MBDA is 37.5% held by Airbus SE, 37.5% by BAE Systems and 25% by Leonardo.

Write to P.R. Venkat at venkat.pr@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
AIRBUS SE -12.03% 52.2 Real-time Quote.-54.52%
BAE SYSTEMS PLC -6.55% 487.6 Delayed Quote.-7.61%
LARSEN & TOUBRO LIMITED 0.89% 806.85 End-of-day quote.-1.48%
LEONARDO -3.52% 5.858 Delayed Quote.-41.89%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on LARSEN & TOUBRO LIMITED
03/31LARSEN & TOUBRO : L&T Supports India's Fight Against COVID-19 Commits to donate ..
AQ
03/13LARSEN & TOUBRO : Intimation Under Regulation 29 Of Securities And Exchange Boar..
PU
03/13LARSEN & TOUBRO : Closure of Trading Window
PU
03/13LARSEN & TOUBRO : Board to consider First Interim Dividend
PU
02/12THALES : Hyderabad metro corridor ii, connecting hyderabad and secunderabad, com..
AQ
02/03Larsen & Toubro, MBDA JV Sets Up Missile Facility in Tamil Nadu, India
DJ
01/22LARSEN & TOUBRO : 3Q Net Profit Rises 15% on Large Order Wins
DJ
01/22LARSEN & TOUBRO : Announcement under Regulation 30 (LODR)-Analyst / Investor Mee..
PU
2019LARSEN & TOUBRO : Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt..
PU
2019Asian equities see biggest foreign inflow in six months in October
RE
More news
Financials (INR)
Sales 2020 1 537 B
EBIT 2020 159 B
Net income 2020 101 B
Debt 2020 1 255 B
Yield 2020 2,65%
P/E ratio 2020 10,8x
P/E ratio 2021 9,77x
EV / Sales2020 1,52x
EV / Sales2021 1,41x
Capitalization 1 088 B
Chart LARSEN & TOUBRO LIMITED
Duration : Period :
Larsen & Toubro Limited Technical Analysis Chart | 500510 | INE018A01030 | MarketScreener
Technical analysis trends LARSEN & TOUBRO LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 35
Average target price 1 493,47  INR
Last Close Price 774,75  INR
Spread / Highest target 152%
Spread / Average Target 92,8%
Spread / Lowest Target 21,5%
EPS Revisions
Managers
NameTitle
Sekharipuram Narayan Subrahmanyan Chief Executive Officer, Executive Director & MD
Anil Kumar Manibhai Naik Group Non-Executive Chairman
Ramamurthi Shankar Raman Chief Financial Officer & Executive Director
Mukund Manohar Chitale Independent Non-Executive Director
Subodh Kumar Bhargava Independent Non-Executive Director
Sector and Competitors