Larsen and Toubro Technology Services reported $312 million in revenue, up 3.1% q-o-q in constant currency terms, with an improved EBIT margin of 15.9%. The company won several deals, and management guides for 10% revenue growth in FY25. Sharekhan maintains a Buy rating with a target price of Rs 6,500.
Open FlipThe ₹200 crore-IPO of Stallion India Fluorochemicals opens for bidding on Thursday, January 16. The company is offering its shares in the range of ₹85-90 apiece. Investors can apply for the issue for a minimum of 165 equity shares and its multiples thereafter, until January 20, when the issue closes for bidding.
Open FlipGeojit Financial Services's report on Daily Agri Picks: In the 2024-25 (Oct-Sept) season, mills in India have produced 13.1 million tonnes of sugar as of Wednesday, down 13.7% from 15.1 million tonnes produced in the same period a year ago, according to data from the National Federation of Cooperative Sugar Factories. Rabi sowing across the country as of Friday was 63.2 million hectares.
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