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L&T rises as its arm secures order worth Rs 2,008 crore

13 Aug 2012 Evaluate

L&T Construction is currently trading at Rs. 1425.90, up by 2.15 points or 0.15% from its previous closing of Rs. 1423.75 on the BSE.

The scrip opened at Rs. 1418.20 and has touched a high and low of Rs. 1431.00 and Rs. 1413.65 respectively. So far 87,376 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1719.90 on 08-Sep-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. 1431.00 and Rs. 1391.65 respectively. The current market cap of the company is Rs. 87,376 crore.

The Institutions and Non-Institutions held 52.48% and 44.33% respectively.

L&T Construction has won new orders valued over Rs 2,008 crore across various business segments in July and August 2012. Under the Power Transmission & Distribution IC, the company has secured new orders worth Rs 607 crore in both domestic and international markets. On the domestic front, a new order has been bagged from Chamundeshwari Electricity Supply Corporation (CESC) for linking of Nirantara Jyoti Yojana feeders to rural DTC’s of villages for providing continuous power supply to domestic/commercial/power installations at Hassan, HN Pura and CR Patna divisions.

Another order has been received from an esteemed customer for construction of 220kV & 765kV switchyard in Uttar Pradesh. On the international front, a major order has been secured by the company from a reputed customer in UAE for supply and installation of new 220/33kV Grid Station.

Under the Buildings & Factories IC, the company has secured new orders worth Rs 674 crore, which include orders from Airport Authority of India for the construction of a new integrated terminal building and allied works at Chandigarh Airport. The other order is for construction of an IT campus at Hyderabad.

Besides, in the Water and Effluent Treatment business unit, L&T Construction has secured a turnkey order worth Rs 155 crore from Greater Mohali Area Development Authority, Mohali for construction of Roads, PH services (Water Supply, Sewerage, STP, Storm drainage) electrical services (HT, LT, Street Lighting works) including development of parks and horticulture works.

Further, in yet another development the Infrastructure IC has bagged order worth Rs 275 crore from Kolkata Metropolitan Development Authority for design and construction of four lane flyover, rail over-bridges and via duct at various locations in Kolkata. Moreover, L&T Constructions has also secured additional orders worth Rs 297 crore from various ongoing projects across business units.

Larsen & Toubro Share Price

4075.75 25.75 (0.64%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4075.75
Rail Vikas Nigam 298.75
NCC 160.00
KEC International 584.40
Kalpataru Projects 1248.95
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