Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
3932.45
138.80 (3.66%)
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L&T surges as its arm bags order for building Adam Airbase in Oman

Date: 18-09-2014

Larsen & Toubro is currently trading at Rs. 1542.65, up by 22.00 points or 1.45% from its previous closing of Rs. 1520.65 on the BSE.

The scrip opened at Rs. 1513.00 and has touched a high and low of Rs. 1543.00 and Rs. 1510.20 respectively. So far 58331 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1774.70 on 09-Jun-2014 and a 52 week low of Rs. 777.10 on 01-Oct-2013.

Last one week high and low of the scrip stood at Rs. 1609.00 and Rs. 1501.00 respectively. The current market cap of the company is Rs. 143045.29 crore.

The institutions and non-institutions held 56.18% and 41.49% stake in the company, respectively.

The Buildings & Factories Business of L&T Oman LLC, a subsidiary of L&T, has won a prestigious order from the Ministry of Defense, Sultanate of Oman against stiff international competition for the construction of Adam Air base.

The contract is for the construction of the Adam Airbase in Al Dakhiliya Governorate, Sultanate of Oman.

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.