Larsen & Toubro Ltd.

Larsen & Toubro (L&T) is currently trading at Rs. 1278.00, up by 14.40 points or 1.14% from its previous closing of Rs. 1263.60 on the BSE.

The scrip opened at Rs. 1271.50 and has touched a high and low of Rs. 1281.20 and Rs. 1268.55 respectively. So far 93448 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. 1202.30 on 14-Feb-2019.

Last one week high and low of the scrip stood at Rs. 1312.90 and Rs. 1255.60 respectively. The current market cap of the company is Rs. 179518.06 crore.

The Institutions holding in the company stood at 57.26%, while Non-Institutions held 42.74% stake in the company.

Larsen & Toubro’s construction arm -- L&T Construction’s Heavy Civil Infrastructure business has secured a prestigious order from Rail Vikas Nigam (RVNL) for the construction of Rishikesh - Karanprayag Tunnel 2 package works comprising tunnels, bridges and formation works in the state of Uttarakhand.

The project consists of the main tunnel with parallel escape tunnel and ballast-less track that runs inside the main tunnel. This is a fast track project to be completed within stringent timelines.

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