Larsen & Toubro is currently trading at Rs. 814.60, up by 6.95 points or 0.86% from its previous closing of Rs. 807.65 on the BSE.
The scrip opened at Rs. 831.00 and has touched a high and low of Rs. 834.90 and Rs. 810.85 respectively. So far 81188 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. 661.05 on 25-Mar-2020.
Last one week high and low of the scrip stood at Rs. 834.90 and Rs. 763.00 respectively. The current market cap of the company is Rs. 114805.13 crore.
The Institutions holding in the company stood at 56.49 % and Non-Institutions held at 43.51%.
Larsen & Toubro’s (L&T) construction arm -- L&T construction has bagged orders in India and abroad for its Power Transmission & Distribution Business. In Kuwait, it has bagged order to upgrade substations and related power facilities in KNPC's Mina Al Ahmadi oil refinery. The revamped network of distribution substations with latest technology will enhance reliability of power supply and facilitate expansion.
The business has won a 400 kV Grid Station order in Oman which will be a crucial element in the Sultanate's major transmission initiative to interconnect the grids in the south and north with the PDO Area. In Egypt, an order to Design, Supply, Construct Et Commission a 220 kV Gas Insulated Substation has been bagged from a reputed client.
The renewable arm of the business has won large EPC orders on the domestic and international fronts to establish Solar Photovoltaic plants totaling more than 500 MW. An order has been won to strengthen the urban HT distribution network in Chennai with addition of Ring Main Units and Feeder Remote Terminal Units on a total turnkey basis. Another order has been secured to supply and install Medium Voltage capacitor banks with related accessories under different discoms in Uttar Pradesh.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.