Larsen & Toubro Ltd. Value Stock - Dividend - Research Selection
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Description of the company
Larsen & Toubro Limited engages in technology, engineering, construction, manufacturing, and financial operations worldwide. Its Infrastructure segment constructs buildings and factories, transportation and heavy civil, power transmission and distribution, water, smart world, and communications projects.
The companys Power segment offers coal and gas-based thermal power plants turnkey solutions, including power generation equipment. Its Metallurgical & Material Handling segment provides turnkey solutions for ferrous and non-ferrous metal industries; bulk material and ash handling systems; and industrial machinery and equipment. The companys Heavy Engineering segment manufactures custom designed and engineered equipment and systems. Its Electrical & Automation segment manufactures switchgear components, voltage switchboards, electronic energy meters/protection systems, and control and automation products.
The companys Hydrocarbon segment provides engineering, procurement, and construction solutions for oil and gas industry. Its IT & Technology Services segment offers information technology and integrated engineering services. The companys Financial Services segment provides retail, corporate, housing, and infrastructure finance; general insurance; and mutual fund schemes asset management and related advisory services. Its Developmental Projects segment is involved in basic infrastructure projects; toll collection; power development; development and operation of port facilities; and providing related advisory services. The company's Other segment engages in realty; shipbuilding; industrial valves; welding and cutting equipment; construction equipment; mining machinery; rubber processing machinery and castings; ready-mix concrete; asphalt and paving materials; and mining and aviation businesses. Larsen & Toubro Limited was founded in 1938 and is headquartered in Mumbai, India.