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L&T gains with arm bagging orders worth Rs 1,310 crore

15 Jan 2018 Evaluate

Larsen & Toubro (L&T) is currently trading at Rs. 1330.60, up by 1.40 points or 0.11% from its previous closing of Rs. 1329.20 on the BSE.

The scrip opened at Rs. 1332.25 and has touched a high and low of Rs. 1350.00 and Rs. 1328.05 respectively. So far 64,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1350.00 on 15-Jan-2018 and a 52 week low of Rs. 922.46 on 23-Jan-2017.

Last one week high and low of the scrip stood at Rs. 1350.00 and Rs. 1310.00 respectively. The current market cap of the company is Rs. 1,86,428.00 crore.

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

Larsen & Toubro’s (L&T) construction arm -- L&T Construction -- has bagged orders worth Rs 1,310 crore across various business segments.

Under Water & Effluent Treatment Business, the company has won orders worth Rs 631 crore. An order has been secured from Bihar Urban Infrastructure Development Corporation (BUIDCO), Government of Bihar to lay a new sewerage network and construct pumping stations at Saidpur. The scope includes survey, review of designs, redesign and build the new sewerage network of 172 Km length, design & construct 4 pumping stations and all appurtenant structures. Another order has been bagged from Karnataka Neeravari Nigam (KNNL), Government of Karnataka for the execution of a lift irrigation system in Harapanahalli Taluk, Davanagere district.

The company, under Buildings & Factories Business, has secured contract an order worth Rs 340 crore to construct an IT Park at Chennai from a leading developer. The proposed development will offer two towers of ten floors each and is required to be completed within stringent timelines. The company’s scope includes construction of the entire civil structure, architecture works, facade and MEP works.

Under the Power Transmission & Distribution Business, the company has won contract worth Rs 339 crore. The company has secured an order from DNH Power Distribution Corporation for establishing a 66kV Gas Insulated Substation with associated 66kV, 11kV and LT underground cable network in Silvassa city, the capital of the Indian Union Territory of Dadra and Nagar Haveli. The company has also won an order from Bangalore Electricity Supply Company to convert the overhead conductor system to an underground cabling system to achieve reliable and uninterrupted power supply with improved voltage profile, in a subdivision of Bengaluru Metropolitan Area Zone.


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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