Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
3779.35
-4.55 (-0.12%)
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L&T rises with construction arm bagging order worth Rs 3,036 crore from BIAL

Date: 03-10-2018

Larsen & Toubro is currently trading at Rs. 1252.60, up by 5.15 points or 0.41% from its previous closing of Rs. 1247.45 on the BSE.

The scrip opened at Rs. 1247.00 and has touched a high and low of Rs. 1262.00 and Rs. 1227.55 respectively. So far 110590 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. 1124.50 on 23-Oct-2017.

Last one week high and low of the scrip stood at Rs. 1337.65 and Rs. 1218.00 respectively. The current market cap of the company is Rs. 174267.94 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 Buildings and Factories business has won a prestigious EPC order worth Rs 3,036 crore from Bangalore International Airport (BIAL) to construct Terminal-2 (T2) of the Kempegowda International Airport, Bengaluru. After the completion, the 255,000 sq. mt. Phase 1 of T2 will augment the capacity of the Airport by 25 million passengers per annum (MPPA).

The scope of work includes design, engineering, procurement, construction, testing and commissioning of Terminal-2, including the integration of services and utilities along with the Airport's systems, support facilities and buildings. L&T Construction is also currently constructing the New South Parallel Runway (NSPR), apron and other auxiliary buildings at the Bengaluru Airport.

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