Larsen & Toubro Ltd.

Larsen & Toubro (L&T) is currently trading at Rs. 1347.00, up by 17.65 points or 1.33% from its previous closing of Rs. 1329.35 on the BSE.

The scrip opened at Rs. 1333.00 and has touched a high and low of Rs. 1348.45 and Rs. 1333.00 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. 1469.60 on 01-Feb-2018 and a 52 week low of Rs. 973.99 on 03-Mar-2017.

Last one week high and low of the scrip stood at Rs. 1399.90 and Rs. 1300.10 respectively. The current market cap of the company is Rs. 1,88,519.00 crore.

The Institutions and Non-Institutions held 57.81% and 42.19% stake respectively, in the company.

Larsen & Toubro’s (L&T) arm - L&T Hydrocarbon Engineering (LTHE) has signed a major field development EPC contract with Al Dhafra Petroleum Operations Company, Abu Dhabi, UAE, with a value in excess of Rs 2,200 crore. Al Dhafra Petroleum is a joint venture between ADNOC and Korea National Oil Corporation (KNOC) and GS Energy, which is represented by Korean Abu Dhabi Oil Consortium (KADOC).

The scope of the contract includes Engineering, Procurement, Construction & Commissioning of flow lines, gathering facilities & pipelines to transfer crude oil & gas from Haliba fields to processing facility at Asab and installation of 132 kV and 33 kV overhead electrical transmission lines to supply power.

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