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L&T surges after its construction arm secures contracts for Transportation Infrastructure Business

12 Feb 2021 Evaluate

Larsen & Toubro is currently trading at Rs. 1541.30, up by 10.65 points or 0.70% from its previous closing of Rs. 1530.65 on the BSE.

The scrip opened at Rs. 1531.15 and has touched a high and low of Rs. 1544.00 and Rs. 1525.05 respectively. So far 49898 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1593.00 on 02-Feb-2021 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. 1574.00 and Rs. 1518.80 respectively. The current market cap of the company is Rs. 215784.44 crore.

The Institutions and Non-Institutions held 54.91% and 45.09%, stake in the company respectively.

Larsen & Toubro’s (L&T) construction arm -- L&T construction’s Transportation Infrastructure business has secured an order to extend the mainline corridor of the Mauritius Metro by 3.4 km from Metro Express (MEL), Mauritius. The project involves the construction of a fully integrated light rail based Urban Transit System from Rose Hill Interchange towards Ebene reaching Reduit near the University of Mauritius. This extension will connect the densely populated areas of Ebene Cybercity and the University of Mauritius and give added impetus to the development of the island nation.

The extension will involve the construction of three new stations, viaducts & bridges, track works (with substantial ballastless track including plinth, embedded & grass tracks), DC electric Traction Systems, Ticketing and Passenger Information Systems and integration with road traffic through advanced signaling systems. The company is already executing the 26 km Mainline LRT network connecting Curepipe to Immigration Square in Port Louis. L&T has successfully completed the 12 km priority section from Rosehill to Victoria station, and this is under commercial operation since January 2020.

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

Larsen & Toubro Share Price

4050.00 -44.95 (-1.10%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4050.00
Rail Vikas Nigam 296.30
NCC 160.45
KEC International 559.60
Kalpataru Projects 1240.45
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