Larsen & Toubro Ltd.

Larsen & Toubro (L&T), the engineering conglomerate aims 30% growth in new orders from the hydrocarbon sector this fiscal, as it expects to bag Rs 10,000 crore worth of orders from upstream, mid and downstream companies. It also aims orders from fertilizer companies in 2012-13, as compared with over Rs 7,000 crore worth of orders it received from the sector in the previous fiscal.

The company expects a 15-20% increase in its order inflow in 2012-13 higher than the Rs 70,574 crore reported a year ago. It has reported a lower order book in hydrocarbon sector past two years but it saw a good pipeline of orders from ONGC.

L&T is a technology, engineering, construction and manufacturing company. It is one of the largest and most respected companies in India's private sector.