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L&T plans to sell up to 30 lakh shares of L&T Technology Services

30 Jan 2019 Evaluate

Larsen and Toubro (L&T) has proposed to sell up to 30 lakh shares of L&T Technology Services, representing 2.89 per cent of its total paid up equity share capital. The floor price of the offer has been fixed at be Rs 1,610 per share.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.

Peers
Company Name CMP
Larsen & Toubro 3699.10
Kalpataru Projects 1393.45
NCC 125.10
Rail Vikas Nigam 190.50
KEC International 369.70
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