Larsen & Toubro Ltd.

Larsen & Toubro (L&T) is currently trading at Rs 1332.00, up by 30.95 points or 2.38% from its previous closing of Rs 1301.05 on the BSE.

The scrip opened at Rs 1313.65 and has touched a high and low of Rs 1337.00 and Rs 1278.30 respectively. So far 434319 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 1932.95 on 07-Mar-2011 and a 52 week low of Rs 971.00 on 21-Dec-2011.

Last one week high and low of the scrip stood at Rs 1463.65 and Rs 1278.30 respectively. The current market cap of the company is Rs 80841.24 crore.

The Institutions holding in the company stood at 51.65% while Non-Institutions held 45.18% of the stake.

Larsen & Toubro (L&T) is mulling to expand its overseas component to 25-30% of its order book by 2014 in order to neutralize over the difficult conditions in the Indian infrastructure sector. At present, overseas orders account for 17% of L&T's order book of Rs 1,45,768 crore.

Further, the company has started looking at CIS (Commonwealth of Independent States) countries and has opened an office in Istanbul to oversee the company's CIS foray. The engineering and construction giant, has gradually been increasing its exposure in the international market and securing orders. From having no presence overseas less than a decade ago, global orders accounted for 7% of L&T's order book in 2004, which have now apparently moved up to 17%.