Larsen & Toubro Ltd.

Larsen & Toubro is currently trading at Rs. 1185.65, up by 3.15 points or 0.27% from its previous closing of Rs. 1182.50 on the BSE.

The scrip opened at Rs. 1184.00 and has touched a high and low of Rs. 1197.00 and Rs. 1181.00 respectively. So far 83497 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1886.25 on 17-Jul-2015 and a 52 week low of Rs. 1016.60 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 1249.85 and Rs. 1177.00 respectively. The current market cap of the company is Rs. 110748.18 crore.

The Institutions and Non-Institutions held 56.01% and 43.99% respectively.

Larsen & Toubro’s (L&T) wholly owned subsidiary -- L&T Hydrocarbon Engineering (LTHE) has received an onshore EPC contract valued over Rs 650 crore from Gujarat State Fertilizers & Chemicals (GSFC). The contract is for setting up a 40,000 MTPA melamine plant in Vadodara.

Under the contract, LTHE will carry out extended basis engineering, detailed engineering, procurement, supply, transportation, storage, fabrication, inspection, construction, installation, testing, mechanical completion, pre-commissioning and commissioning of the unit.

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $15 billion in revenue. It operates in over 30 countries worldwide.