L&T rises as its construction arm receives order for design, execution of water infrastructure project

04 Mar 2020 Evaluate

Larsen & Toubro (L&T) is currently trading at Rs. 1183.45, up by 1.65 points or 0.14% from its previous closing of Rs. 1181.80 on the BSE.

The scrip opened at Rs. 1189.90 and has touched a high and low of Rs. 1189.90 and Rs. 1175.65 respectively. So far 21566 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1606.70 on 28-May-2019 and a 52 week low of Rs. 1150.55 on 02-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1216.95 and Rs. 1150.55 respectively. The current market cap of the company is Rs. 166427.78 crore.

The Institutions and Non-Institutions holding in the company stood at 56.49% and 43.51%, respectively.

Larsen & Toubro’s (L&T) construction arm -- L&T Construction’s Water & Effluent Treatment Business has secured an order from a prestigious client in the Sultanate of Oman for the design and execution of a water infrastructure project to enhance the Al Dhakhlia Water Transmission System, Phase - II. This is a repeat order from the client and has been secured under international competitive bidding.

The scope of work includes 173 km of pipelines for water transmission with associated civil works, 18 RCC water storage reservoirs, 5 pumping stations with associated Mechanical, Electrical, Control and Instrumentation works.

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


Larsen & Toubro Share Price

3774.10 68.00 (1.83%)
28-Mar-2024 16:01 View Price Chart
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Company Name CMP
Larsen & Toubro 3774.10
Rail Vikas Nigam 252.95
KEC International 694.00
Kalpataru Projects 1075.45
NCC 232.40
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