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L&T strengthens as its arm bags orders worth Rs 1885 crore

03 Jul 2015 Evaluate

Larsen & Toubro is currently trading at Rs. 1818.80, up by 21.85 points or 1.22% from its previous closing of Rs. 1796.95 on the BSE.

The scrip opened at Rs. 1800.00 and has touched a high and low of Rs. 1823.80 and Rs. 1792.30 respectively. So far 84328 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. 1400.00 on 08-Oct-2014.

Last one week high and low of the scrip stood at Rs 1823.80 and Rs 1720.00 respectively. The current market cap of the company is Rs. 169086.49 crore.

The Institutions and Non-Institutions held 52.89% and 44.82% respectively.

Larsen & Toubro’s (L&T) subsidiary -- L&T Construction -- has won orders worth Rs 1885 crore under Power Transmission and Distribution (PT&D) business in domestic and international markets in June 2015. On the domestic front, the company received a major EPC order from Odisha Power Transmission Corporation. The scope involves installing various 33/11 kV air insulated substations and associated lines with complete facilities for the Phase II of Odisha Distribution System Strengthening Project (ODSSP).

On the international front, the company received major orders from the Middle East. A key order includes construction of medium voltage substations on EPC basis from a major infrastructure development company. Another order is for engineering, procurement & construction for 132 kV double circuit transmission line and 132 kV cabling works from a reputed customer.

The PT&D business of L&T Construction is a leading EPC player in the field of power transmission and distribution sector offering integrated end-to-end services.

Larsen & Toubro Share Price

3891.60 -82.00 (-2.06%)
11-May-2026 10:54 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3891.60
Rail Vikas Nigam 297.05
NCC 165.85
KEC International 586.70
Kalpataru Projects 1267.65
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