Larsen & Toubro Ltd.

L&T is currently trading at Rs. 1402.90, up by 14.00 points or 1.01% from its previous closing of Rs. 1388.90 on the BSE.

The scrip opened at Rs. 1392.00 and has touched a high and low of Rs. 1408.00 and Rs. 1388.35 respectively. So far 74,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1863.90 on 26-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. 1434.70 and Rs. 1380.20 respectively. The current market cap of the company is Rs. 85,966 crore

The Institutions and Non-Institutions held 52.25% and 44.64% respectively.

Larsen and Toubro’s Malaysia based wholly owned subsidiary - Tamco Switchgear, has acquired Henikwon Corporation. Based in Malaysia, Henikwon Corporation is a leading manufacturer of Low Voltage (LV) and Medium Voltage (MV) busduct systems. Henikwon brand is globally well recognized and offers high quality products under compliance to international quality standards.

Besides, this Henikwon acquisition brings a strong customer base of large corporations to Tamco. It will further enhance Tamco’s presence in South East Asia and in catering to Indian and Middle East markets.

Henikwon’s current product range comprises LV Sandwich Busduct systems from 400A to 6300A and MV Busduct Systems for ratings from 400A to 5000A. Busduct is a modern, efficient and cost effective means of providing motive power and replaces the conventional cabling system.

Tamco Switchgear offers electrical distribution and control solutions in the medium voltage (MV) range to industries and utilities in South-East Asia, Middle East & Africa and Australia. Headquartered in Kuala Lumpur, Malaysia, Tamco has manufacturing facilities in Indonesia and Australia.

Larsen & Toubro is $11.7 billion technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. L&T Electrical & Automation (E&A) is a business brand of the company.