Larsen & Toubro Ltd.

Larsen & Toubro is currently trading at Rs. 1353.90, up by 11.10 points or 0.83% from its previous closing of Rs. 1342.80 on the BSE.

The scrip opened at Rs. 1350.35 and has touched a high and low of Rs. 1356.35 and Rs. 1345.60 respectively. So far 49007 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. 1116.45 on 06-Sep-2017.

Last one week high and low of the scrip stood at Rs. 1363.90 and Rs. 1281.90 respectively. The current market cap of the company is Rs. 189969.24 crore.

The Institutions and Non-Institutions held 57.79% and 42.21% stake in the company,  respectively.

Larsen & Toubro’s (L&T) construction arm -- L&T Construction’s Water & Effluent Treatment Business has won an EPC order worth Rs 1,394 crore from the Water Resources Department, Government of Madhya Pradesh for the execution of the Kundalia Irrigation Project - Right Bank.

The project envisages to provide water for Micro-Irrigation to more than 64,000 ha. of cultivable land in the Command Area of Rajgarh district of Madhya Pradesh by lifting water from Right Bank of the Kundalia reservoir on the Kalisindh River. The scope includes survey, investigation, design, procurement, construction and installing of pumping system, rising and gravity main line, branch lines, distribution network with control and automation system.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.