L&T gains with arm bagging orders worth Rs 5,146 crore

31 May 2017

Larsen & Toubro is currently trading at Rs. 1773.00, up by 6.15 points or 0.35% from its previous closing of Rs. 1766.85 on the BSE.

The scrip opened at Rs. 1771.00 and has touched a high and low of Rs. 1784.50 and Rs. 1764.00 respectively. So far 74247 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1834.00 on 30-May-2017 and a 52 week low of Rs. 1295.30 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 1834.00 and Rs. 1694.00 respectively. The current market cap of the company is Rs. 165930.96 crore.

The Institutions and Non-Institutions held 57.09% and 42.90% stake respectively in the company.

Larsen & Toubro’s (L&T) construction arm -- L&T Constructions has won orders worth Rs 5,146 crore across various business segments. Under Power Transmission & Distribution (PT&D) Business, it has bagged major orders worth Rs 2,780 crore in the domestic & international markets across the wide array of its business spectrum.

The company has bagged orders worth Rs 1,292 crore under Water & Effluent Treatment Business, while the Smart World & Communication Business has secured an order worth Rs 221 crore. Besides, the Building & Factories Business has won orders worth Rs 534 crore, while Metallurgical and Material Handling Business has bagged orders worth Rs 319 crore.

Larsen & Toubro is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.

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