Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. India
  4. Bombay Stock Exchange
  5. Larsen & Toubro Limited
  6. News
  7. Summary
    500510   INE018A01030

LARSEN & TOUBRO LIMITED

(500510)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Larsen & Toubro : Innovation in restoration

06/17/2021 EDT
  • Pictures

17 June 2021


Developing more than 38,000 sq. m of forests in urban ecosystems through innovative methods

Deforestation and forest degradation are the major contributors to global warming and climate change today. To help restore some of these fragile ecosystems we at L&T are proactively taking steps through tree plantations and urban forests in our campuses. L&T campuses undertook an extensive programme to improve the forest cover in urban areas across a total of four locations within Maharashtra and Tamil Nadu.

We adopted a unique method of afforestation to develop forests in an approximate land area of 38000 sq. m. A total of more than 2,00,000 trees were planted and nurtured across locations such as Talegaon and Bidkin in Maharashtra and Coimbatore and Erode in Tamil Nadu. The trees chosen were local, such as neem, mango, guava, seesham, amla, gulmohar etc. for better harmony with the environment.

The method, called the Potted Seedling Method, is an afforestation technique that uses native species to create dense multi-layered forests by selection of species, preparation of field mound, mulching & organic manuring, planting multi-layered saplings, watering, and monitoring. These forests prove useful to several birds, insects, reptiles, and mammals. Mounds of soil, biomass and moisture-retaining materials allow roots of plants to penetrate faster and foster quicker growth, thus increasing biodiversity in the area.

L&T started the development of these forests around five years ago and multispecies tree plantation is expanding year on year. The technique was extensively studied and researched and in just one year the trees showed substantial growth of over three metres in height. These closely planted trees are native to each region and complement each other for successful growth and co-existence.

Disclaimer

Larsen & Toubro Limited published this content on 17 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 June 2021 05:24:04 UTC.


© Publicnow 2021
All news about LARSEN & TOUBRO LIMITED
07/30LARSEN & TOUBRO : Earnings Call Transcripts Q1FY22
PU
07/29LARSEN & TOUBRO INFOTECH : LTI Wins PTC Partner Network Award for Transformation..
AQ
07/28LARSEN & TOUBRO : Nomura Adjusts Larsen & Toubro's Price Target to 1,870 Indian ..
MT
07/28LARSEN & TOUBRO LIMITED : Ex-dividend day for final dividend
FA
07/27LARSEN & TOUBRO : Performance for the quarter ended June 30, 2021
AQ
07/27LARSEN & TOUBRO : Fiscal Q1 Attributable Profit Soars 287% on Low-Base Effect
MT
07/26LARSEN & TOUBRO : Consolidated Net Profit Soars in Fiscal Q1
MT
07/26LARSEN & TOUBRO : Q1 FY22 Analyst Presentation
PU
07/26LARSEN & TOUBRO : Standalone and Consolidated Results 2021-22-Q1
PU
07/26Larsen & Toubro Limited Announces Unaudited Consolidated Earnings Results for..
CI
More news
Financials
Sales 2022 1 567 B 21 083 M 21 083 M
Net income 2022 96 449 M 1 297 M 1 297 M
Net Debt 2022 1 101 B 14 812 M 14 812 M
P/E ratio 2022 23,2x
Yield 2022 1,43%
Capitalization 2 249 B 30 254 M 30 258 M
EV / Sales 2022 2,14x
EV / Sales 2023 1,89x
Nbr of Employees 40 253
Free-Float 84,3%
Chart LARSEN & TOUBRO LIMITED
Duration : Period :
Larsen & Toubro Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends LARSEN & TOUBRO LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 35
Last Close Price 1 601,40 INR
Average target price 1 865,59 INR
Spread / Average Target 16,5%
EPS Revisions
Managers and Directors
Sekharipuram Narayan Subrahmanyan Chief Executive Officer, MD & Executive Director
Ramamurthi Shankar Raman Chief Financial Officer & Executive Director
Anil Kumar Manibhai Naik Group Non-Executive Chairman
A. Sivaram Nair Secretary & Compliance Officer
Mukund Manohar Chitale Independent Non-Executive Director
Sector and Competitors