Larsen & Toubro is currently trading at Rs 1382.00, down by 8.05 points or 0.58% from its previous closing of Rs 1390.05 on the BSE.
The scrip opened at Rs 1379.00 and has touched a high and low of Rs 1390.05 and Rs 1346.00 respectively. So far 689104 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 1863.90 on 26-Jul-2011 and a 52 week low of Rs 971.00 on 21-Dec-2011.
Last one week high and low of the scrip stood at Rs 1421.05 and Rs 1363.70 respectively. The current market cap of the company is Rs 82780.38 crore.
The Institutions holding in the company stood at 52.48% while Non-Institutions held 44.33% of the stake.
On the standalone basis, the company has posted a rise of 15.75% in its net profit at Rs 863.65 crore for the quarter ended June 30, 2012 as compared to Rs 746.15 crore for the same quarter in the previous year. Total income has increased by 28.81% at Rs 12561.19 crore for quarter under review as compared to Rs 9751.80 crore for the quarter ended June 30, 2011. However, company disappointed the street by its EBITDA margin that came in at 9.1%, a drop of 280 basis points Y-o-Y, which was below the expectation of 11.5% for the quarter.
L&T Construction is the largest construction organization in the country. It figures among the World’s 77th Top Contractors and ranks 29th in global ranking as per the survey conducted by the reputed international construction magazine Engineering News Record, USA (August 2010).