India’s leading construction company, Larsen and Toubro is aiming to generate more revenues from abroad in order to compensate for a slowdown in the Indian economy, according to the firm's chief financial officer, R. Shankar Raman.

The company had earlier reduced its order growth guidance for the current financial year due to concerns over project deferrals and low investor appetite, due to high interest rates in India. The company is now planning to increase its revenue share from overseas projects to 15-20% from 10-12%, according to Mr. Raman.

Larsen & Toubro Limited (L&T), the Mumbai-based multinational conglomerate company, is right on the money these days.

It has apparently bagged orders, accumulating a massive $889 million from Thailand and the UAE.

The first contract, which reads $189 million offered by Abu Dhabi Gas Industries Ltd., is meant for the Habshan-Ruwais-Shuweihat gas pipeline project.

The wide ranging project spans out from EPC installation to commissioning of 23 KM of the pipeline to be scaled in 24 to 26 months.

The Larsen & Toubro Finance Holdings introduces its initial public offering (IPO), to which the Aditya Birla Money suggests investors to make long term subscription as the offer was beneficial, reveals a report. The company L&T Finance Holdings is a financial holding company, which introduced various financial schemes and products through its operating subsidiaries.

"The scope of the project involves complete engineering, supply installation and commissioning of towers, conductors, insulators and fittings”, stated Larsen & Toubro in a release, on Tuesday, while notifying about a Rs. 1,366 crore order from Gulf region for construction of transmission lines and substations.

The engineering and construction giant has anticipated accomplishing the project in two years and revealed about other two engineering, procurement and construction (EPC) orders, toting up Rs 497 crore.

Technical analyst Rajesh Tambe of Sunchan Securities has maintained 'buy' rating on Larsen & Toubro Limited (L&T) stock to attain a long-term target.

Today, the stock of the company opened at Rs 1530 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2212.50 and a low of Rs 1484.74 on BSE.

Current EPS & P/E ratio stood at 57.63 and 26.82respectively.

Larsen & Toubro (L&T) has registered a PAT of Rs 8,405.30 million for the three month period ended Dec 2010 as against Rs 7,588.20 million for the same period ended Dec 2009.

Technical analyst Deven Choksey of KR Choksey Shares & Securities has maintained 'buy' rating on Larsen & Toubro Limited stock with a target of Rs 2200.

According to analyst, the investors can achieve the said target within a period of 12 months.

Today, the stock of the company opened at Rs 1611 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2212 and a low of Rs 1484.70 on BSE.

Current EPS & P/E ratio stood at 57.63 and 27.61 respectively.

Technical analyst SP Tulsian maintained 'hold' rating on Larsen & Toubro Limited (L&T) stock.

According to analyst, the interested investors can buy more on dips at Rs 1550.

Today, the stock of the company opened at Rs 1584 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2212 and a low of Rs 1430 on BSE.

Current EPS & P/E ratio stood at 57.63 and 26.98 respectively.

Larsen & Toubro Ltd (L&T) has declared the un-audited financial outcomes for the three month period ended December 2010.

Technical analyst Somil Mehta of Sharekhan has maintained 'buy' rating on Larsen & Toubro Limited stock with a medium target of Rs 1770.

According to analyst, the investors can buy the stock with a stop loss of Rs 1600.

Today, the stock of the company opened at Rs 1666 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2212 and a low of Rs 1395.50 on BSE.

Current EPS & P/E ratio stood at 57.63 and 28.70 respectively.

India's major Engineering Company Larsen & Toubro has declared an 11% rise in net profit for the third quarter but subsequently reported delays in the order inflows in FY11.

Chief financial officer YM Deosthalee said that March remains the crucial month for them. If orders get delayed or deferred after March then the company has to miss order inflow guidance because sizeable amount of orders have to be decided in March only.

Technical analyst Hemant Thukral has maintained 'buy' rating on Larsen & Toubro Limited (L&T) stock with a medium term target of Rs 1840.

According to analyst, the investors can purchase the stock at around Rs 1650-1660 with a stop loss of Rs 1600.

The stock of the company, on January 14, closed at Rs 1709.35 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2212 and a low of Rs 1395.50 on BSE.

Current EPS & P/E ratio stood at 56.10 and 30.05 respectively.

Technical analyst Avani Mehta of Satguru Capital & Finance has maintained 'hold' rating on Larsen & Toubro Limited stock with a long term target.

According to analyst, the investors can buy the stock to attain a target of Rs 2100 in the long run.

Mehta added that it's better to buy the stock at the existing level.

The stock of the company, on January 10, marked its closure at Rs 1782.45 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2212 and a low of Rs 1395.50 on BSE.

Technical analyst Manoj Sachdeva of Hem Securities has maintained 'buy' rating on Larsen & Toubro Limited stock with a target of Rs 2005.

The analyst said that the interested investors can attain the said target with a stop loss of Rs 1945.

Mr. Sachdeva said that the said target can be attained within 3-4 trading sessions.

The stock of the company, on December 29, closed at Rs 1955.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2212 and a low of Rs 1295.50 on BSE.

Technical analyst Mitesh Thacker has maintained 'sell' rating on Larsen & Toubro Limited stock with targets of Rs 1875 and 1870.

The analyst said that the stock can be purchased with stop loss above Rs 1990.

Mr. Thacker said that it is better to sell the stock at this time as there are chances of a downfall in the coming days.

After selling the stock, the interested investors can buy the stock again with medium or long term prespective.

Technical analyst Alpesh Furiya has maintained 'sell' rating on Larsen & Toubro Limited with a 4-5 day target of Rs 1880.

The analyst said that the stock can be sold below Rs 1930 with a stop loss of Rs 1970.

Today, the stock of the company opened at Rs 1942 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2212 and a low of Rs 1395.50 on BSE.

Current EPS & P/E ratio stood at 56.10 and 34.94 respectively.

Technical analyst Rahul Mohinder has maintained 'sell' rating on Larsen & Toubro Ltd stock with a target of Rs 1990.

According to analyst, the investors can sell the stock with a stop loss of Rs 2035.

Mr. Mohinder said that the investors can sell the stock as there are full chances of decline in the coming days.

Today, the stock of the company opened at Rs 2020 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2212 and a low of Rs 1395.50 on BSE.

Technical analyst Rahul Mohinder has maintained 'sell' rating on Larsen & Toubro Limited (L&T) stock with an intraday target of Rs 1990.

According to analyst, the investors can sell the stock with a stop loss of Rs 2075.

It is better to sell stock in today's session as there are full chances of decline.

Today, the stock of the company opened at Rs 2031.80 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2212 and a low of Rs 1395.50 on BSE.

Chennai, Oct 31 - Engineering and construction group Larsen and Toubro (L&T) is planning to launch a Rs. 500-2,000-crore private equity fund as part of a strategy to become a financial supermarket.

"We are in the process of putting the pieces. We have to synergise on the skills that the group currently possess. We will start with a fund size ranging between Rs. 500 crore and Rs. 2,000 crore. The corpus will be domestically raised," Senior Vice President (Financial Services) N. Sivaraman told IANS in an interview.

One of the leading brokerage houses in the country, Prabhudas Lilladher has recently labelled the accumulate tag on the stock of Larsen & Toubro giving it a fresh target of Rs. 2100. According to the research report issued by the company, L&T has already reported a healthy growth in the year so far and the numbers are expected to get better in the coming times.

The report of the company further said that as L&T has been able to clock a 17.7% YoY and 18.2% QoQ growth in net sales from its core business at Rs 92.6 billion in Q2FY11, which was above the expectations of many.

Larsen and Toubro's (L&T) Buildings and Factories Operating Company, a part of its Construction Division, has pocketed new orders worth Rs 1585 crore during the July-September period for building up residential projects, factories, office space, hotel in addition to add on orders from different continuing projects.

The orders aggregating Rs 435 crore have been pocketed for constructing residential building projects from major developers.

Stock market analyst Ashish Chaturmotha of Anand Rathi Securities has maintained 'buy' rating on Larsen & Toubro (L&T) stock to achieve a target of Rs 2080 in 2-3 trading sessions.

According to analyst, the interested investors can buy the stock with a strict stop loss of Rs 1985.

Today, the stock of the bank opened at Rs 2027 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2074.60 and a low of Rs 1395.50 on BSE.

Current EPS & P/E ratio stood at 53.93 and 37.75 respectively.