Larsen & Toubro Ltd.

Larsen & Toubro is currently trading at Rs. 1381.50, up by 11.65 points or 0.85% from its previous closing of Rs. 1369.85 on the BSE.

The scrip opened at Rs. 1371.50 and has touched a high and low of Rs. 1383.00 and Rs. 1371.50 respectively. So far 12872 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. 1392.80 and Rs. 1365.20 respectively. The current market cap of the company is Rs. 192896.33 crore.

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

Larsen & Toubro (L&T) has purchased the entire stake held by Tamil Nadu Industrial Development Corporation (TIDCO) in L&T Shipbuilding (LTSB), a subsidiary company, on April 10, 2019. 

TIDCO held 3% stake in LTSB. The same has now been acquired by L&T, to make it a wholly owned subsidiary.

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