No, LTTS is not currently debt free. According to LTTS’ most recent financial report, it has a total long-term debt of about Rs 491 Crores, consisting of loans and other borrowings. At the end of 2017, LTTS had a total long-term debt of about Rs 410 Crores.
This indicates an increase in LTTS’ long-term debt over the last couple of years. In addition, LTTS had a working capital loan of about Rs 155 Crores at the end of 2018. This brings the total debt of LTTS to about Rs 646 Crores.
LTTS is working hard to reduce its total debt as it continues to grow its business.
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Is LTTS a debt free company?
No, LTTS is not a debt free company. The company has taken debt in the past to fund further expansion and new projects. According to its 2019-20 financials, LTTS had a total debt of approximately Rs 375 crores as on March 2020.
This debt is mainly in the form of term loans, which were used to strengthen the company’s capabilities and acquire new clients. LTTS has also raised external debt to finance their working capital. The company also has some unsecured loans with banks to support cash flows and operations.
Although LTTS has taken debt in the past, the company has adopted a measured debt strategy and is constantly striving to reduce its debt levels. By September 30, 2020, LTTS had reduced its total debt to Rs.
330 crores.
Is L&T in debt?
L&T is an Indian multinational conglomerate company operating across multiple industries. It is listed on the BSE, NSE, and the London Stock Exchange. The company is not considered to be in debt as of February 2021.
According to its financial reports, the total debt of the company is ₹36,514 crores as of December 2020, which accounts for a total debt to equity ratio of 0. 46. This is well below the industry average of 0.
84. The company has consistently reduced its debt over the past few years and has reported significant profitability. It has successfully managed its liquidity position and cash flow, while using debt to finance strategic investments.
Moreover, its exposure to the banking and financial sector has enabled it to make prudent investments, ensuring that its returns match the cost of debt servicing.
Who are the competitors of LTTS?
LTTS is an engineering services company that offers a comprehensive portfolio of technology-driven solutions across product engineering, automotive engineering, embedded systems, digital services, and industrial design.
LTTS primarily operates in the US, UK, Germany, India, China, and Japan. Their competitors include global engineering services like Wipro, Infosys, Tech Mahindra, HCL Technologies, Mindtree, Capgemini, and Accenture.
Other companies providing specialized engineering services, such as specialized design, automation, and research & development, also compete with LTTS. Local players such as Mahindra Engineering Services, Tata Elxsi, and L&T Infotech are other players in the industry that might pose competition to LTTS.
Is IBM better than L&T?
Whether IBM or L&T is better depends on what an individual is looking for and the specific needs they have. For instance, IBM is a technological giant and has been an innovator and leader in the industry for decades.
They offer powerful technology solutions and have an extensive portfolio of products and services. Meanwhile, L&T has a strong global engineering and construction business that enables them to bring powerful solutions and projects to fruition.
IBM may be better for one individual, while L&T may be better for another. Ultimately, it’s important to understand each company’s strengths and weaknesses in order to determine which is the best option for an individual’s particular needs.
Is Deloitte or L&T better?
This is a difficult question to answer as both Deloitte and L&T have different strengths and weaknesses.
Deloitte is considered one of the world’s largest professional services organizations, providing consulting, financial and other services to a wide range of clients across the globe. It has been consistently voted as one of the world’s most respected firms for its outstanding quality of services.
It is one of the ‘Big Four’ accounting firms, and it offers a wide range of services from auditing, risk and financial advisory, tax consulting to a digital business transformation services. Its focus is on providing innovative solutions and helping businesses achieve their goals with their expertise in several industries.
On the other hand, Larsen & Toubro (L&T) is an Indian conglomerate primarily involved in engineering, construction and financial services. L&T’s primary focus is on large-scale engineering projects and the construction of infrastructure such as dams, bridges, roads, power plants, airports and more.
The company also provides financial services such as wealth management and venture capital services. The company is highly respected for its quality of projects and also for its corporate social responsibility practices.
In the end, it is difficult to definitively say which one is better since each has different strengths that make it suitable for different types of businesses. It really depends on the individual business’s needs and its goals.
If a business is looking for assistance with engineering and infrastructure projects, then L&T may be the better option; however, if a business is looking for guidance in financial and business related matters, then Deloitte would likely be the better option.
Is LTTS better than Accenture?
The answer to this question is largely subjective, as it depends on the individual person and on what they are looking for. It is difficult to definitively say if one is better than the other as each person’s needs and values vary.
LTTS is an information technology and engineering services company, while Accenture focuses on strategy, consulting, digital, technology, and operations services. As such, the two companies offer different sets of services, so it’s best to look at their specialties to decide which is more suitable for you.
LTTS works with clients in the engineering, automotive, digital transformation, embedded fields to help them build digital solutions. They specialize in the design, development, and implementation of several IT and digital engineering solutions.
On the other hand, Accenture focuses on helping their clients create long-term strategies and solutions to drive transformation and innovation.
Ultimately, the best company for you will depend on what type of services you need. If you need engineering services for a specific project, LTTS might be the better choice. If you need help to create a long-term strategy, then Accenture may be more suitable.
Do some research on the two companies to determine which one is the best fit for you.
Which is better HCL or LTTS?
HCL and LTTS are both companies that specialize in providing information technology (IT) services. Each company has its own advantages and disadvantages, and it depends on the specific requirements that you have for your project.
HCL is an international company with operations in more than 45 countries and a global delivery network of over 130,000 professionals. It offers an extensive portfolio of services across various industries, with particular strengths in enterprise architecture, product engineering, and service integration.
HCL is well known for having a strong presence in emerging markets like India and for having a global perspective and reach.
LTTS is an Indian organisation with offices in the Americas, Europe, and Asia Pacific, and has a global delivery network of 11,000 professionals. LTTS is known for its “fast-track” approach to projects, and its ability to deliver projects on tight timelines due to its depth of knowledge and experience in the engineering and IT space.
In terms of which company is better suited for a particular project, it really depends on the specific project requirements. If in-depth knowledge and experience in IT engineering is the main criteria, then LTTS may be better suited due to its depth of experience and expertise.
If a global reach and presence are paramount, then HCL is the better choice due to its global reach and experience in multiple industries. Ultimately, you’ll need to weigh both companies’ offerings and decide which is best for your project.
Is LT good buy?
It depends. LT is a publicly traded Indian conglomerate with businesses in the power, engineering, construction and services sectors. As with any stock, the decision to buy LT should be informed by thorough research.
Analyzing current and historic financials, market trends, management strategies, sectors, and any other relevant factors will help an individual decide if LT is a good buy. When looking at LT specifically, some factors to consider include their strong presence in the engineering and construction industries, their extensive portfolio of clients, and their ability to navigate difficult market conditions.
It’s also important to evaluate the strength of their balance sheet, their current debt loads, and the recent performance of their stock.
Ultimately, whether or not LT is a good investment will come down to the individual’s personal circumstances and risk tolerance levels. The decision to buy or sell any stock should be made carefully, with full knowledge of the investor’s objectives, financial situation, and risk profile.
Is IT good to invest in LT?
Investing in Long Term (LT) can be a great way to benefit from potential growth and obtain better returns long-term, however, it does carry certain risks. As with any investment, it is important for the investor to understand the risks and the potential benefits before deciding if it is a good decision for them.
When it comes to LT, there are certain advantages. Firstly, it allows for consistent gains as it can offer investors a steady rate of return over a lengthy period of time. Secondly, as the market fluctuates and as it matures, LT can bring in higher returns than short-term investments.
Lastly, the money invested can be used to reduce debt or finance future goals such as retirement.
However, along with advantages there are also certain risks attached to LT that should be taken into consideration before investing. Some of these risks include the possibility of an economic downturn or other bumps that can reduce the value of the investments, inflation and, for some investors, possibly liquidity risk.
Overall, investing in LT can be beneficial if done with the correct approach and understanding of the risks and rewards. Before deciding if LT is a good fit for the investor, it is important to understand the individual goals and priorities, while also researching the market and staying up to date with any changes.
Is LT share good for long term?
Yes, LT share is good for long term investments. This is because it offers multiple benefits such as capital appreciation, annual and quarterly dividend payments, and potential tax benefits. The capital appreciation of the share value occurs mainly due to the company’s performance and the market sentiment, which means that it is relatively easier to predict the future value of LT shares.
Moreover, the annual and quarterly dividend payments, which are paid out in cash, provide investors with a steady stream of income.
Another advantage of investing in LT shares is the potential tax benefits. For instance, if an investor holds these shares for longer than one year, he/she may be eligible for beneficial tax rates. Furthermore, for those investors who use the service of a broker or a tax advisor, there might be additional tax benefits on offer.
Overall, LT share is a good option for those looking to invest in the long term. This is due to the various advantages it offers such as capital appreciation, steady dividend payments, and potential tax benefits.
For those who wish to make informed decisions about investing in LT shares, it is important to research the company’s performance and potential risks associated with the stock.
Will LT shares go up?
The question of whether the price of a company’s shares will go up cannot be definitively answered; it is impossible to predict the future with certainty. Generally, it is true that stocks will go up or down in reaction to a company’s perceived performance, economic and political conditions, among other factors, but these are all conditions that are hard to predict in advance.
For shares of Larsen & Toubro (L&T), or any other company, various factors need to be taken into account when considering whether price will go up or down. These include the company’s financial strength, the direction of the industry, the market conditions, and geopolitical risk.
Depending on the market conditions, the company’s stock could go up or it could go down.
The best advice is to do your research and consult financial advisors who may be able to provide more specific advice. By looking at current and historical financial information, news and analyst opinions, you can make an informed decision about whether to invest in L&T or not and whether the stock will rise or fall.
What is LT share price target?
The share price target for LT is not a set figure as it is determined by a range of macroeconomic and company specific factors. Generally, analysts publish their share price targets as a range, as there are several possible scenarios in which the stock may conduct itself over time.
Factors which may affect a share price target include the company’s overall performance, the performance of competitors, the economic climate, and the company’s own financial health.
Share price can also be affected by speculation, industry news, stock splits and dividend payment, market sentiment, and investor confidence. In addition, significant individual events, such as a major acquisition, restructuring or a lawsuit can also significantly move the stock price.
For long-term investors, it is important to consider more than just the target price, as this number can often be quite volatile and the performance of the stock might not reflect those targets in the short-term.
Overall, LT’s share price target can be difficult to accurately predict, and it is recommended that investors consult multiple analyst ratings when making investment decisions.
Why should buy L&T shares?
L&T is a well-known, respected and financially sound company, and there are several compelling reasons to consider investing in L&T shares. Firstly, there is the robust financial position of L&T. The company has a consistent track record of sound financial management, consistently meeting its financial objectives, and is well-positioned to take advantage of the opportunities offered by an evolving economic environment.
The second reason to consider investing in L&T shares is the strong growth prospects of the company. It is expected to benefit from India’s growth story and has an extensive operation both domestically and internationally, meaning it is well-positioned to capitalize on all market opportunities.
Thirdly, there is the attractive dividend yield potential of L&T shares. The company has consistently delivered healthy dividend yields, meaning investors are paid well for their capital and the share can provide a steady streams of income for shareholders.
Finally, there is the corporate governance track record of L&T. As one of the largest, most respected companies in India, L&T has an impressive corporate governance record and demonstrates a commitment to providing shareholder value through its dividend payouts and other measures of capital appreciate.
Overall, due to robust financials, strong growth prospects, attractive dividend yield potential, and an impressive corporate governance record, L&T shares are an excellent investment choice for many investors.
Is Larsen and Toubro good stock?
Larsen & Toubro (L&T) is a leading Indian conglomerate and is included in the top 30 BSE-listed companies in India. As far as stocks are concerned, they have performed consistently well over the years, and the company’s current market capitalization stands at over Rs.
1. 07 trillion.
The performance of L&T stock has been steady over the past 5-6 years, with it often trading at levels higher than its IPO price when it made its debut on the stock exchange in April 2013. The company has delivered returns in excess of 20% CAGR over that period.
In 2020, the L&T stock price has fluctuated due to the COVID-19 pandemic and the consequential global economic downturn. Despite this, the stock has made a good recovery, and the stock has a good potential for further upside.
L&T has a diversified portfolio across numerous sectors, thus providing investors with a good balance sheet and improved risk-reward profile.
In conclusion, L&T is a good stock, given its strong track record of consistent performance, diverse portfolio, and potential for future growth. Furthermore, it offers investors significantly higher entry point limits for investing, making it one of the most sought-after stocks in India.
