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L&T soars as its Malaysian arm bags order worth $85 million from KAHRAMAA

02 May 2013 Evaluate

L&T is currently trading at Rs. 1553.90, up by 41.30 points or 2.73% from its previous closing of Rs. 1512.60 on the BSE.

The scrip opened at Rs. 1506.60 and has touched a high and low of Rs. 1560.50 and Rs. 1501.05 respectively. So far 1, 72,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1719.50 on 29-Oct-2012 and a 52 week low of Rs. 1106.40 on 04-Jun-2012.

Last one week high and low of the scrip stood at Rs. 1546.50 and Rs. 1482.60 respectively. The current market cap of the company is Rs. 95,624 crore.

Institutions and Non-Institutions held 52.86% and 43.55% respectively.

Larsen and Toubro’s (L&T) Malaysia based switchgear subsidiary, Tamco Svvitchgear, has bagged its largest single order worth $85 million from Qatar General Electricity and Water Corporation (KAHRAMAA) - the sole distributor of water and electricity in Qatar.

Under the contract, Tamco will manufacture and supply 11 kV Vacuum Circuit Breakers (VCBs) over a two-year period to distribution stations across Qatar. Tamco, market leaders in the Medium Voltage category in Malaysia, won the order for indoor switchgear panels against international competitors, including Korean and European firms.

Tamco has supplied switchgear panels to many prestigious projects and national assets in Qatar including Lusail Utility Tunnels, Lekhwiya Sports Stadium, Khalifa Stadium, Khalifa Sports city ASEAN Games Village, Qatar Foundation, Doha West Sewage Water Treatment Plant etc.

Larsen & Toubro Share Price

3940.00 -33.60 (-0.85%)
11-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3940.00
Rail Vikas Nigam 295.40
NCC 166.20
KEC International 581.65
Kalpataru Projects 1260.75
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