Larsen & Toubro Ltd.

Larsen & Toubro is currently trading at Rs. 1394.30, down by 15.70 points or 1.11% from its previous closing of Rs. 1410.00 on the BSE.

The scrip opened at Rs. 1410.00 and has touched a high and low of Rs. 1420.00 and Rs. 1391.50 respectively. So far 77986 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. 1454.95 and Rs. 1386.50 respectively. The current market cap of the company is Rs. 196713.40 crore.

The Institutions and Non-Institutions held 57.91% and 42.09%, stake in the company respectively.

Larsen & Toubro (L&T) has successfully won new orders worth Rs 38,700 crore at the group level during the quarter ended June 30, 2019, registering a growth of 11%. The International orders during the year at Rs 9,005 crore constituted 23% of the total order inflow.

The order wins in Infrastructure and Power segments were the major contributors to the order inflow during the quarter. While orders from the central and state governments were affected during the general elections, strong PSU and private sector orders enabled growth for the quarter.

The consolidated order book of the group stood at Rs 294,014 crore as at June 30, 2019, with international order book constituting 21% of the total order book.

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