L&T gains as its construction arm secures order for Water and Effluent Treatment Business

Larsen & Toubro Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 500510 | NSE: LT

10 May 2022 Evaluate

Larsen & Toubro is currently trading at Rs. 1618.25, up by 2.75 points or 0.17% from its previous closing of Rs. 1615.50 on the BSE.

The scrip opened at Rs. 1610.00 and has touched a high and low of Rs. 1628.85 and Rs. 1608.20 respectively. So far 15911 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2078.20 on 18-Jan-2022 and a 52 week low of Rs. 1350.00 on 10-May-2021.

Last one week high and low of the scrip stood at Rs. 1682.40 and Rs. 1590.60 respectively. The current market cap of the company is Rs. 226301.02 crore.

The Institutions and Non-Institutions holding in the company stood at 56.14% and 43.86% respectively.

Larsen & Toubro’s (L&T) construction arm -- L&T construction has secured repeat EPC order for Water and Effluent Treatment Business from the Department of Water Resources, Government of Jharkhand, to execute the Masalia Ranishwar Megalift irrigation scheme on a turnkey basis.

The project envisages to provide water to irrigate 22,283 Ha. of Culturable Command Area (CCA) in the Dumka district of Jharkhand by way of pumping water from the Sidheshwari River. The scope includes survey, design, and constructing a 158 m long barrage across the Sidheshwari river. The scope also includes survey, design, procurement, installation, testing and commissioning intake and intermediate pump houses, delivery chambers, MS, Dl & HDPE pipeline of various diameters and pipeline distribution networks with all allied works.

The business is already executing a similar lift irrigation project in the Garhwa distrkt of Jharkhand. With this order from the irrigation sector, the business has reinforced its credentials of possessing the technical and executional capability to deliver the elementary requirement of water to the farmers and drive the growth of agriculture across the state.

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

Larsen & Toubro Share Price

3917.35 16.85 (0.43%)

10-Jun-2026 16:59 View Price Chart

Peers

Company Name	CMP
Larsen & Toubro	3917.35
Rail Vikas Nigam	228.20
NCC	144.80
KEC International	494.00
Kalpataru Projects	1272.95
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