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L&T rises with construction arm bagging orders worth Rs 3,551 crore

26 Oct 2017 Evaluate

Larsen & Toubro’s (L&T) is currently trading at Rs. 1221.35, up by 16.90 points or 1.40% from its previous closing of Rs. 1204.45 on the BSE.

The scrip opened at Rs. 1205.00 and has touched a high and low of Rs. 1227.35 and Rs. 1204.45 respectively. So far 53,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1249.95 on 20-Sep-2017 and a 52 week low of Rs. 863.97 on 09-Nov-2016.

Last one week high and low of the scrip stood at Rs. 1227.35 and Rs. 1124.50 respectively. The current market cap of the company is Rs. 1,71,013.00 crore.

The Institutions and Non-Institutions held 57.51% and 42.49% respectively in the company.

Larsen & Toubro’s construction arm -- L&T Construction -- has won orders worth Rs 3,551 crore across various business segments. The Transportation Infrastructure & Water Effluent Treatment businesses have jointly bagged an order worth Rs 1,123 crore from a prestigious government client for design and construction of smart trunk infrastructure with roads, storm water drains, water supply network, sewerage network, utility ducts for power & ICT, reuse water line, pedestrian tracks, cycle track, avenue plantation, street furniture and associated works.

The Transportation Infrastructure business has won an engineering, procurement & construction order worth Rs 777 crore from the Public Works Department, Delhi for the construction of Integrated Transit Corridor Development plan in and around Pragati Maidan. The Water & Effluent Treatment Business has received engineering, procurement & construction orders worth Rs 572 crore.

Besides, the Building & Factories Business has secured an order worth Rs 866 crore from a prestigious government client for the design and construction of 22 towers (S+12 floors). The scope of works includes construction of structure, architectural finishes and MEP works on a fast track mode. The Smart World & Communication Business has bagged an order worth Rs 213 crore from Metro Link Express for Gandhinagar and Ahmedabad (MEGA) Company for design, manufacture, supply, installation, testing and commissioning of Telecommunication Systems.

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


Larsen & Toubro Share Price

4094.40 -0.55 (-0.01%)
20-Apr-2026 10:02 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.40
Rail Vikas Nigam 298.20
NCC 159.15
KEC International 563.30
Kalpataru Projects 1221.50
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