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L&T surges as its arm wins orders worth Rs 1,711 crore

27 Mar 2015 Evaluate

Larsen & Toubro is currently trading at Rs. 1659.40, up by 23.40 points or 1.43% from its previous closing of Rs. 1636.00 on the BSE.

The scrip opened at Rs. 1647.00 and has touched a high and low of Rs. 1665.00 and Rs. 1647.00 respectively. So far 45023 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1892.95 on 04-Mar-2015 and a 52 week low of Rs. 1242.45 on 17-Apr-2014.

Last one week high and low of the scrip stood at Rs. 1697.50 and Rs. 1616.35 respectively. The current market cap of the company is Rs. 153842.52 crore.

The institutions and non-institutions held 54.19% and 43.56% stake in the company, respectively.

Larsen & Toubro’s (L&T) construction arm has won orders worth Rs 1,711 crore across various business segments in March 2015. Under Buildings & Factories Business, it has secured orders worth Rs 880 crore including add-ons. A major order has been received from a reputed private developer for the construction of a residential building in Mumbai. The scope involves civil, structural, architectural finishes and mechanical, electrical and plumbing works. Another EPC order was received from a private cement producer for their Greenfield cement grinding unit in Madhya Pradesh. The scope involves civil, structural, fabrication and erection.

Under Power Transmission & Distribution Business, it has secured orders worth Rs 676 crore. An EPC order has been received from the Bihar State Power Transmission Company for the supply, installation, testing and commissioning of 220 kV double circuit transmission line works associated with optical ground wire and communication system in Bihar.

The orders were also received from Power Grid Corporation of India for turnkey construction of 220kV multi-circuit and double-circuit transmission lines in Jammu and Kashmir and 765 kV double-circuit transmission line associated with inter regional system strengthening scheme in Uttar Pradesh. Further, additional order worth Rs 155 crore has been won by L&T Construction’s Water & Renewable Energy Business.

Larsen & Toubro Share Price

4100.20 87.55 (2.18%)
04-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4100.20
Rail Vikas Nigam 296.45
NCC 166.15
KEC International 579.50
Kalpataru Projects 1292.65
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