Larsen & Toubro Ltd.

Larsen & Toubro is currently trading at Rs. 1368.95, up by 21.20 points or 1.57% from its previous closing of Rs. 1347.75 on the BSE.

The scrip opened at Rs. 1352.50 and has touched a high and low of Rs. 1373.50 and Rs. 1342.10 respectively. So far 38161 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. 1381.00 and Rs. 1340.10 respectively. The current market cap of the company is Rs. 191325.27 crore.

The Institutions and Non-Institutions held 57.83% and 42.17% stake respectively in the company.

Larsen & Toubro’s (L&T) construction arm -- L&T Construction’s Metallurgical & Material handling Business has been awarded a large order from MA'ADEN Gold and Base Metal Company (MGBM), wholly owned subsidiary of Saudi Arabia Mining Company (MA'ADEN) for setting up Mansourah Massarrah Gold project.

This (EPC) Engineering, Procurement & Construction order for Gold processing plant in the Kingdom of Saudi Arabia, secured against stiff global competition is the largest single EPC order for the Metallurgical business in International market.

Mansourah Massarrah gold project once commissioned will be the largest capacity gold processing plant for MA'ADEN. This project will be developed in consortium with OUTOTEC based on the latest Pressure Oxidation Technology (PDX) and will be one of its kind within KSA.

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