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L&T climbs on its arm clinching deal worth Rs 2,700 crore

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

07 Dec 2011 Evaluate

L&T is currently trading at Rs. 1324.50, up by 10.10 points or 0.77% from its previous closing of Rs. 1314.40 on the BSE.

The scrip opened at Rs. 1320.80 and has touched a high and low of Rs. 1333.00 and Rs. 1308.00 respectively. So far 1,68,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2051.50 on 06-Dec-2010 and a 52 week low of Rs. 1175.00 on 24-Nov-2011.

Last one week high and low of the scrip stood at Rs. 1333.00 and Rs. 1250.65 respectively. The current market cap of the company is Rs. 80,948.00 crore.

The Institutions and Non-Institutions hold 52.18% and 43.58 % respectively.

The engineering, construction and contracts division (ECC) of Larsen &Toubro (L&T) - L&T Construction - has bagged new order worth Rs 2,700 crore across various business during October/November 2011.

In the building and factories segment, the company secured new orders worth Rs 1,109 crore from reputed customers for the construction of a major residential complex consisting of 23 towers of up to 29 stories. The company has also bagged an order for the construction of warehouse facility.

In the infrastructure segment, orders valued at Rs 353 crore have been secured by the company for the construction of a viaduct, including two stations building for Kolkata metro railway. The other order secured through Rail Vikas Nigam, pertains to the construction of viaduct and related work for the Kolkata Metro.

In the power transmission and distribution segment, the company has secured orders worth Rs 763 crore from various clients for the construction of transmission lines, electrical works including substations. In addition, the company has secured orders valued at Rs 200 crore on the international front from Tatweer Petroleum, Bahrain for electrical projects including additional contracts from other clients for ongoing projects.

In yet another development, a major order worth Rs 272 crore from Delhi Board has been secured. The order bagged is for rehabilitation and automation of the existing 116 MGD (million gallons per day) water treatment plant in Delhi.

Larsen & Toubro Share Price

4099.85 -17.50 (-0.43%)

17-Apr-2026 13:32 View Price Chart

Peers

Company Name	CMP
Larsen & Toubro	4099.85
Rail Vikas Nigam	303.90
NCC	160.65
KEC International	583.15
Kalpataru Projects	1218.75
View more..

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L&T climbs on its arm clinching deal worth Rs 2,700 crore

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