Larsen & Toubro Ltd.

Larsen and Toubro (L&T) is currently trading at Rs. 1387.00, up by 45.85 points or 3.42% from its previous closing of Rs. 1341.15 on the BSE.

The scrip opened at Rs. 1358.80 and has touched a high and low of Rs. 1392.85 and Rs. 1358.00 respectively. So far 278692 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1867.85 on 08-Jul-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. 1382.95 and Rs. 1335.40 respectively. The current market cap of the company is Rs. 85093.62 crore.

The Institutions and Non-Institutions held 52.25% and 44.64% stake in the company.

Larsen and Toubro Construction (L&T Construction), wholly owned subsidiary of Larsen and Toubro (L&T) has secured new orders worth over Rs 1002 crore across various business segments in June. The Power Transmission and Distribution IC has secured new orders in both domestic and international markets.

A major order worth Rs 846 crore has been bagged from West Bengal State Electricity Distribution Company for Rural Electricity Infrastructure in villages in Jalpaiguri, East Midnapur, West Midnapur and Malda district of West Bengal under the Backward Region Grant Fund Scheme (BRGF).

On the international front, the orders worth Rs 156 crore has been secured from reputed customers in Qatar for electrical network power quality improvement work including additional orders in ongoing projects in Middle East.

L&T Construction is the largest construction organization in the country. It figures among the World’s 77th Top Contractors and ranks 29th in global ranking as per the survey conducted by the reputed international construction magazine Engineering News Record, USA (August 2010).