L&T is currently trading at Rs. 1070.40, up by 6.10 points or 0.57% from its previous closing of Rs. 1064.25 on the BSE.
The scrip opened at Rs. 1068.25 and has touched a high and low of Rs. 1073.65 and Rs. 1064.50 respectively. So far 56,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1152.40 on 09-Dec-2013 and a 52 week low of Rs. 678.10 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 1088.05 and Rs. 1059.20 respectively. The current market cap of the company is Rs. 99,070 crore.
The Institutions and Non-Institutions held 52.61% and 44.43% respectively.
Larsen & Toubro has completed sale of 1,71,75,979 equity shares of Rs 10 each aggregating to 1% of total equity shares of L&T Finance Holdings on December 23, 2013, pursuant to approval of Securities and Exchange Board of India to comply with the Minimum Public Shareholding requirement in terms of Rule 19A of Securities Contracts (Regulation) Rules, 1957. The Company’s total shareholding in L&T Finance Holdings stands at 81.50%.
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. More than seven decades of a strong, customer-focused approach and the continuous quest for world-class quality have enabled it to attain and sustain leadership in all its major lines of business.