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L&T shines as its construction arm bags contracts for various businesses

14 Aug 2020 Evaluate

Larsen & Toubro is currently trading at Rs. 1002.95, up by 12.40 points or 1.25% from its previous closing of Rs. 990.55 on the BSE.

The scrip opened at Rs. 997.00 and has touched a high and low of Rs. 1017.40 and Rs. 994.70 respectively. So far 147379 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1554.05 on 23-Sep-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. 1017.40 and Rs. 925.00 respectively. The current market cap of the company is Rs. 142123.43 crore.

The while Institutions and Non-Institutions held 54.82% and 44.67% stake respectively in the company.

Larsen & Toubro’s (L&T) construction arm -- L&T construction has secured orders from prestigious clients for its varied businesses. The company’s Water & Effluent Treatment business has won its maiden order in Chandigarh from the Chandigarh Smart City (CSCL) to construct a 136 MLD sewage treatment plant on a Design, Build and Operate basis. The Buildings and Factories business has secured an order from a key government organisation in Oman to develop the infrastructure and utilities for a mixed-use facility at Muscat.

Further, L&T GeoStructure has been awarded a prestigious project by IRCON International, for the construction of a viaduct substructure up to pier cap level, for about 3 km as part of the Agartala-Akhaura New Rail Link Project at Agartala, Tripura.  Besides, the company’s Power Transmission and Distribution Business has won orders both in India and abroad. In India, the business has received an order from Power Grid Corporation of India to establish certain transmission links connected with strengthening of the 400 kV system in the Eastern Region. Another order for a 400 kV Transmission Line package in South India has been won from a leading transmission developer. In Africa, the business has won an order in Tanzania to Design, Supply, Install, Test and Commission a 220 kV Transmission Line.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.

Larsen & Toubro Share Price

3946.55 59.25 (1.52%)
10-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3946.55
Kalpataru Projects 1351.30
Rail Vikas Nigam 232.80
NCC 146.20
KEC International 504.95
View more..

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