-6.35 (-0.17%) Larsen & Toubro (L&T) is currently trading at Rs. 1285.30, up by 29.75 points or 2.37 % from its previous closing of Rs. 1255.55 on the BSE.
The scrip opened at Rs. 1258.85 and has touched a high and low of Rs. 1289.00 and Rs. 1255.00 respectively. So far 93780 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. 1114.55 on 22-Aug-2017.
Last one week high and low of the scrip stood at Rs. 1,307.00 and Rs. 1,252.20 respectively. The current market cap of the company is Rs. 180023.88 crore.
The Institutions holding in the company stood at 57.79%, while Institutions held 42.21%.
L&T's Heavy Engineering arm has won orders worth Rs 11,600 crore to supply critical Reactors and heavy equipment to Refining, Petrochemical and Liquified Natural Gas (LNG) industries. These prestigious orders were received in the current financial year.
The orders, which were won against stiff global competition, include Hydrocracking Reactors, Fluid Catalytic Cracking (FCC) Reactor & Regenerator Systems and Ethylene Oxide Reactors.
Of the order inflow, orders worth Rs 11,470 crore are from International clients from USA, Europe, Middle East, CIS and China. These orders will be executed at Hazira, Gujarat at L&T’s fully integrated, state-of-the-art, coastal manufacturing facility, one of the largest of its kind in the World.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.