L&T surges with arm bagging two orders from HURL

Larsen & Toubro Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 500510 | NSE: LT

21 May 2018 Evaluate

Larsen & Toubro is currently trading at Rs. 1324.75, up by 8.70 points or 0.66% from its previous closing of Rs. 1316.05 on the BSE.

The scrip opened at Rs. 1316.00 and has touched a high and low of Rs. 1337.15 and Rs. 1311.75 respectively. So far 32938 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. 1,108.12 on 30-Jun-2017.

Last one week high and low of the scrip stood at Rs. 1403.30 and Rs. 1311.75 respectively. The current market cap of the company is Rs. 187108.79 crore.

The Institutions and Non-Institutions held 58.16% and 41.84%, stake in the company, respectively.

Larsen & Toubro’s (L&T’s) wholly owned subsidiary -- L&T Hydrocarbon Engineering (LTHE) in consortium with TechnipFMC has won two significant orders from Hindustan Urvarak and Rasayan (HURL), a joint venture company of IOCL, NTPC, CIL, FCIL and HFCL.

The engineering, procurement, construction and commissioning (EPCC) contracts are for setting up two fertilizer plants of 2,200 TPD Ammonia & 3,850 TPD Urea at Barauni (Bihar) and Sindri (Jharkhand). The plants will be based on world-renowned ammonia technology of Haldor Topsoe, Denmark and urea technology of Saipem, Italy.

LTHE scope of work, worth in excess of Rs 3,800 crore, consists of two 2,200 TPD Ammonia plants. Both the projects, awarded through international competitive bidding, are on Lump Sum Turn Key (LSTK) basis and shall be executed concurrently.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $17 billion in revenue.

Larsen & Toubro Share Price

3973.60 -48.90 (-1.22%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Larsen & Toubro	3973.60
Rail Vikas Nigam	305.00
NCC	169.85
KEC International	598.10
Kalpataru Projects	1274.45
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