Larsen & Toubro Ltd.

Larsen & Toubro is currently trading at Rs. 1526.05, up by 9.55 points or 0.63% from its previous closing of Rs. 1516.50 on the BSE.

The scrip opened at Rs. 1519.90 and has touched a high and low of Rs. 1532.95 and Rs. 1495.00 respectively. So far 55137 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1606.70 on 28-May-2019 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. 1584.70 and Rs. 1495.00 respectively. The current market cap of the company is Rs. 214104.71 crore.

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

The Competition Commission of India (CCI) has published the order approving the acquisition of electrical and automation (EA) business of Larsen & Toubro (L&T) by Schneider Electric India (Schneider) and MacRitchie Investments (MacRitchie).

The approval is subject to modifications that are aimed at eliminating the likely anti-competitive effects of the proposed acquisition.

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