Larsen & Toubro's standalone market capitalisation will touch Rs 3 lakh crore and revenue will reach Rs 2 lakh crore in five years as strategic initiatives like L&T NxT have helped in making giant strides, Group Chairman A M Naik said. The recently launched L&T-NxT initiative is a technology platform that focusses on artificial intelligence, internet of things (IoT), virtual reality, augmented reality, geospatial solutions as well as cybersecurity. The USD 20 billion diversified L&T Group has a market cap of about Rs 2.5 lakh crore at present. "Five years from now, I expect L&T standalone market cap to be in the range of Rs 3 lakh crore from the present about Rs 2 lakh crore... L&T's revenue will then touch Rs 2 lakh crore from the present about Rs 1.4 lakh crore," Naik told PTI in an exclusive interview. According to him, when he took over as L&T CEO, the combined market cap was around Rs 2,000 crore and it has now surged to Rs 2.5 lakh crore. He joined ...
from Markets http://bit.ly/30Iri2C
Subscribe to:
Post Comments (Atom)
-
उषाशी का संबंध एक ऐसे परिवार से हैं जहां अधिकांश लोग शिक्षक हैं। उन्होंने बचपन से अपने घर में पढ़ाई-लिखाई का माहौल देखा। वे 1986 में शादी के...
-
एक जमाना वो था जब लोग ट्रांसजेंडर का मजाक उड़ाते थे। लेकिन इस समुदाय के लोगों ने संघर्ष के बल पर समाज में खास मुकाम हासिल किया है। इस बात की...
No comments:
Post a Comment