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L&T gains on bagging multiple orders worth Rs 1459 crore

03 Jul 2014 Evaluate

Larsen & Toubro (L&T) is currently trading at Rs. 1,758.90, up by 4.95 points or 0.28% from its previous closing of Rs. 1,753.95 on the NSE.

The scrip opened at Rs. 1,760.00 and has touched a high and low of Rs. 1,765.90 and Rs. 1,745.10 respectively. So far 5,19,106 shares were traded on the counter.

The stock of face value Rs. 2 has touched a 52 week high of Rs. 1,776.60 on 09-Jun-2014 and a 52 week low of Rs. 677.15 on 28-Aug-2013.

Larsen & Toubro’s (L&T) subsidiary -- L&T Construction -- has won orders worth 1,459 crore across various business segments in June 2014. The company’s Buildings & Factories division has received combined orders worth Rs 1173 crore. The first major order is for the construction of the Kannur International Airport in Kerala, which involves an integrated terminal, an air traffic control complex including control tower, administrative offices and substation buildings.  The company is already executing the airside works at this Greenfield airport, as part of an earlier order.

Another order has been received from a prestigious educational institution for the design and construction of a business school and faculty housing tower in Bulandshahar district, Uttar Pradesh. L&T’s scope involves design and construction of all buildings along with mechanical, electrical, plumbing and finishing works.  Additionally, order has been bagged from a leading automobile manufacturer for the construction of its regional stockyard and spare parts distribution center in West Bengal. Moreover, orders valued at Rs 286 crore have been received from the Transportation Infrastructure Business.

Larsen & Toubro Share Price

3943.50 -30.10 (-0.76%)
11-May-2026 14:52 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3943.50
Rail Vikas Nigam 297.50
NCC 166.75
KEC International 585.20
Kalpataru Projects 1258.70
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