Today, the stock price of Engineering Services Company L&T Technology Services was trading down almost 7%. Yesterday the company declared its FY 22 (Financial Year) Quarter 3 Results.
The profit growth, revenue growth, and margin of the company have all come out less than the expectation of the analysis, this may be the reason that today there is a drop in the stock of L&T Technology Services.
If we look at the results, the company’s net profit rose by 33.7% on YOY (year-on-year) basis and 8.17% on QOQ (quarter-on-quarter) basis. The revenue of the same company increased by 20% on a YOY (year-on-year) basis and almost 5% on a QOQ (quarter-on-quarter) basis.
Read Also: 3 penny stocks cheaper than Rs 200 with Fundamental analysis
| 52 Week High | 5,955.50 |
| 52 Week Low | 2,301.00 |
| Sector PE | 60.02 |
| Face Value | 2 |
| Dividend Yield | 0.43 |
| Mkt Cap (Rs. Cr.) | 53,560 |
| Book Value Per Share | 327.40 |
The operating profit margin of the company was recorded at 18.6% and the total at the end of this quarter was 20118. In Quarter 3, the company also secured a deal worth $ 45 million and backed a total of 3 deals with a total contract value of more than $10 billion.
Read Also: 11 penny stocks cheaper than Rs 100 with Fundamental analysis
| Net Profit 2021 (Rs. Cr.) | 666 |
| Debt to equity (2021) | 0.00 |
| Revenue 2021 (Rs. Cr.) | 5449 |
| EPS | 63.32 |
| ROE | 19.09 |
| Dividend/Share (INR) | 22.00 |
| Promoters holding | 73.93 |
| Face Value | 2 |
Read Also: HCL Technologies share falls 7% post Q3 results, Motilal Oswal target of Rs 1,690
Read Also: Upcoming IPO in India 2022 : NSE, OYO, LIC, BYJU’S, Mobikwik, OLA, Flipkart, Navi
Read Also: Apple iPhone 14 Pro to have Pill-Shaped Camera, 8K video support, and more
Read Also: KPIT Technologies share price up over 15%, Goldman Sachs positive outlook
Read Also: 3 Penny Stocks list for 2022 with Fundamental analysis