L&T Technology Falls Over 7% After Reporting March Quarter Outcomes

INSUBCONTINENT EXCLUSIVE:
Shares of L-T Technology were last trading 7.29 per cent lower at Rs 2,593 on the BSE.Share price of Larsen and Toubro (L-T) Technology
Services declined more than seven per cent on Tuesday, May 4, a day after the company announced its January-March quarter results for the
financial year 2020-21
On Tuesday, L-T Technology opened on the BSE at Rs 2,700, witnessing an intra day high of Rs 2,700 and an intra day low of Rs 2,560, in the
trading session so far
quarter, compared to Rs 186.1 crore in the previous October-December quarter for fiscal 2020-21.According to the statement, L-T Technology
On the NSE, L-T Technology opened at Rs 2,690, touching an intra day high of Rs 2,690 and an intra day low of Rs 2,557.80, in the trading
session so far
It was last trading 7.28 per cent lower at Rs 2,593.75 on the NSE.On May 3, the company's board of directors recommended a final dividend of
This is subject to the approval of the shareholders of the firm
L-T Technology added that the date of book closure for the purpose of final dividend will be notified at a later stage.Meanwhile, today L-T
Narayanan Kumar as the Independent Director of the company for a further period of three years and seven months with effect from July 15,
2021, up to and including January 14, 2025
the BSE.