Engineering and construction major Larsen & Toubro said will see 20% increase in sales this fiscal over the previous fiscal. The company also expects its order book to swell 25% to Rs 1,30,000 crore by this fiscal. On June 30, its order book stood at Rs 1,07,816 crore. The company will make capital expenditure of Rs 1,500 crore.
For its international business, L&T is setting up an organisation at the corporate level to manage the entire international marketing network. Power, hydrocarbon and urban infrastructure sectors hold promise in the international markets. Improved oil prices have enhanced the opportunities in the Gulf region. While West Asia and the Far East have yielded results, it hopes to exploit opportunities in other geographies. L&T setting up an office in Perth, to exploit opportunities in the hydrocarbon sector and in Johannesburg, to sell products and undertake projects in the electrical sector.
crackcrack| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4050.00 |
| Rail Vikas Nigam | 296.30 |
| NCC | 160.45 |
| KEC International | 559.60 |
| Kalpataru Projects | 1240.45 |
| View more.. | |
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