Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
3783.90
-65.00 (-1.69%)
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L&T gains with construction arm bagging orders worth Rs 3,572 crore

Date: 27-11-2017

Larsen & Toubro (L&T) is currently trading at Rs. 1226.20, up by 9.90 points or 0.81% from its previous closing of Rs. 1216.30 on the BSE.

The scrip opened at Rs. 1217.55 and has touched a high and low of Rs. 1230.00 and Rs. 1217.00 respectively. So far 15,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1274.00 on 10-Nov-2017 and a 52 week low of Rs. 868.43 on 23-Dec-2016.

Last one week high and low of the scrip stood at Rs. 1248.45 and Rs. 1211.35 respectively. The current market cap of the company is Rs. 1,71,794.00 crore.

The Institutions and Non-Institutions held 57.51% and 42.49% respectively in the company.

Larsen & Toubro’s construction arm -- L&T Construction -- has bagged orders worth Rs 3,572 crore. The Transportation Infrastructure Business has been awarded a prestigious contract worth Rs 1,358 crore for the construction of a new South Parallel runway, apron and associated works (taxiway systems, pavement, drainage works, ancillary buildings and associated infrastructure facilities) at the Kempegowda International Airport, Bengaluru, on EPC basis from Bangalore International Airport.

The Metallurgical & Material Handling Business has bagged orders worth Rs 1,264 crore, while the Power Transmission & Distribution Business has bagged orders worth Rs 595 crore in the international market. The Buildings & Factories Business has bagged orders worth Rs 355 crore.

Larsen & Toubro (L&T) is a major technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.