L&T gets domestic orders worth Rs 1,640 crore

18 Nov 2008

India’s biggest engineering company, Larsen and Toubro Ltd (L&T), has won Rs 1,640 crore of contracts for local oil refining and water projects. The single largest order is worth Rs 700 crore and involves setting up two hydrogen-generation units for a Hindustan Petroleum Corp. Ltd refinery.

The engineering company also won contracts from the water boards of New Delhi and Andhra Pradesh, totaling Rs 937 crore. L&T is focusing on orders where customers have already secured funds to guard against defaults amid the global credit crisis. The firm expects orders to grow by 35% this fiscal year.crackcrack
Related Larsen & Toubro Ltd. Links:

Larsen & Toubro Share Price

1485.60 12.75 (0.87%) Mar 02, 16:45
1 Year Price Chart
Company Name CMP
Larsen & Toubro 1485.60
Rail Vikas Nigam 32.60
KEC International 462.55
NCC 93.80
PNC Infratech 264.15
View more..
Sensex vs Larsen & Toubro
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323