Larsen & Toubro Ltd.

Larsen & Toubro is currently trading at Rs. 1380.00, up by 2.80 points or 0.20% from its previous closing of Rs. 1377.20 on the BSE.

The scrip opened at Rs. 1378.50 and has touched a high and low of Rs. 1389.00 and Rs. 1375.50 respectively. So far 20322 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1459.10 on 21-Dec-2018 and a 52 week low of Rs. 1183.40 on 23-Oct-2018.

Last one week high and low of the scrip stood at Rs. 1414.95 and Rs. 1361.25 respectively. The current market cap of the company is Rs. 193821.68 crore.

The Institutions and Non-Institutions held 58.16% and 41.84%, stake in the company, respectively.

Larsen & Toubro’s (L&T) wholly owned subsidiary -- L&T Hydrocarbon Engineering (LTHE) has won a large order from Tawfiq Coke Products-Oman. The contract scope includes selection of technology licensor, FEED & EPC for a 2 x 225,000 TPA plant of calcined coke from green pet coke.

The process facilities include material handling, rotary kiln and cooler, combustion chamber, gas separation and associated offsite & utilities packages. This award will further reinforce L&T’s operations in Oman and provide an opportunity to contribute to the expansion of industrial facilities in Sohar.

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