SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

L&T’s arm bags orders worth Rs 1,920 crore

08 Sep 2014 Evaluate

L&T Hydrocarbon Engineering (LTHE), a fully-owned subsidiary of Larsen a Toubro (L&T) has secured new orders in the offshore and onshore segments worth Rs 1,920 crore from domestic oil and gas majors.

An offshore contract valued at Rs 1,340 crore from the Oil and Natural Gas Corporation (ONGC), won against international competitive bidding, includes engineering, procurement, construction and installation of five wellhead platforms at the Mumbai High North field of ONGC. The project, part of ONGC’s strategy to re-develop Phase-III of Mumbai High North field to enhance production from existing reservoirs, is scheduled to be completed by March, 2016.

In the onshore segment LTHE has secured a contract valued at around Rs 580 crore from a leading company engaged in hydrocarbon downstream processing. LTHE will carry out engineering, procurement and construction of a dual service cryogenic storage tank facility, suitable for liquid ethane and liquefied natural gas and engineering work for the balance of the facilities to be installed at the client’s manufacturing complex.

Larsen & Toubro Share Price

4013.95 -40.05 (-0.99%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4013.95
Rail Vikas Nigam 303.35
NCC 162.00
KEC International 575.55
Kalpataru Projects 1241.35
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×