MoneyWorks4Me

L&T’s MD sells 2,000 shares for about Rs 33.48 lakh

10 Dec 2012 Evaluate

Larsen and Toubro’s (L&T’s) Managing Director and CEO K Venkataramanan has sold 2,000 shares of the infrastructure major on November 30 for about Rs 33.48 lakh, thereby reducing his stake by a notch to 0.094% or 580,419 shares of Rs 2 each. Before the stake sale, he had 582,419 shares in L&T or 0.095% stake.

Larsen & Toubro (L&T) is a technology, engineering, construction and manufacturing company. It is one of the largest and most respected companies in India's private sector.

Peers
Company Name CMP
Larsen & Toubro 3819.50
Kalpataru Projects 1390.30
NCC 135.00
Rail Vikas Nigam 197.10
KEC International 397.60
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