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L&T moves up as its arm inks contract for Nagpur Smart City Project

20 Oct 2016 Evaluate

Larsen & Toubro’s (L&T) is currently trading at Rs. 1487.10, up by 1.30 points or 0.09% from its previous closing of Rs. 1485.80 on the BSE.

The scrip opened at Rs. 1495.00 and has touched a high and low of Rs. 1496.00 and Rs. 1482.05 respectively. So far 47516 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1615.00 on 27-Jul-2016 and a 52 week low of Rs. 1016.60 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 1498.70 and Rs. 1432.20 respectively. The current market cap of the company is Rs. 138726.67 crore.

The institutions and non-institutions held 56.92% and 43.08% stake respectively in the company.

L&T’s construction arm has bagged contract under smart city programme in India. L&T Construction’s Smart World and Communication Business Unit has signed the formal contract with the Department of Information & Technology, Maharashtra Government. Under this contract, Nagpur will be converted into the country's first large-scale integrated Smart City.

The scope of work will cover laying of 1200 km of optical fiber network backbone, creating 136 city wi-fi hotspots at key locations, establishing 100 digital interactive kiosks and developing city surveillance systems with 3800 IP based cameras.

Larsen & Toubro is a technology, engineering, construction and manufacturing company. It is one of the largest and most respected companies in India's private sector.

Larsen & Toubro Share Price

4094.95 -22.40 (-0.54%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
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