Larsen & Toubro is currently trading at Rs. 1279.40, up by 11.80 points or 0.93% from its previous closing of Rs. 1267.60 on the BSE.
The scrip opened at Rs. 1284.00 and has touched a high and low of Rs. 1292.30 and Rs. 1266.85 respectively. So far 146183 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1469.60 on 01-Feb-2018 and a 52 week low of Rs. 1014.44 on 23-Mar-2017.
Last one week high and low of the scrip stood at Rs. 1322.65 and Rs. 1260.35 respectively. The current market cap of the company is Rs. 178443.38 crore.
The Institutions and Non-Institutions held 57.81% and 42.19% stake respectively in the company.
Larsen & Toubro’s (L&T) construction arm -- L&T Construction and Dedicated Freight Corridor Corporation of India (DFCCIL) have signed contract worth Rs 2,864 crore for Eastern Dedicated Freight Corridor. The Railways Strategic Business Unit of L&T Construction’s Transportation Infrastructure Business has signed a major contract with DFCCIL.
The prestigious order was secured against stiff competition from five other major EPC companies. The EPC order involves construction of 222 Route Km of a single-track corridor from Khurja to Pilkhani in Uttar Pradesh. This is Larsen & Toubro’s first EPC Civil, Structure & Track project in the Eastern Dedicated Freight Corridor. In the Western Dedicated Freight Corridor, L&T already has a share of 71% in the civil packages and 100% share in the electrical packages.
The scope of work includes construction of single railway track including yards, 75 major & 588 minor bridges, 1 rail over bridge modification, 4 rail flyovers, 21 stations along with construction of all associated works.
The project is planned to be executed using completely mechanized means of track linking using the latest technology in railway construction.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 3973.60 |
| Rail Vikas Nigam | 305.00 |
| NCC | 169.85 |
| KEC International | 598.10 |
| Kalpataru Projects | 1274.45 |
| View more.. | |
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