Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
3916.00
103.00 (2.70%)
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L&T soars on getting nod to raise Rs 9000 crore through various means

Date: 13-04-2020
Larsen & Toubro is currently trading at Rs. 822.40, up by 10.05 points or 1.24% from its previous closing of Rs. 812.35 on the BSE.

The scrip opened at Rs. 815.00 and has touched a high and low of Rs. 829.95 and Rs. 809.00 respectively. So far 72075 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. 661.05 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 834.90 and Rs. 791.00 respectively. The current market cap of the company is Rs. 115596.47 crore.

The Institutions and Non-Institutions held 56.49% and 43.51%, stake in the company, respectively.

Larsen & Toubro (L&T) has received approval to raise Rs 9000 crore through Long-term borrowing, either through external commercial borrowings, term loans, non-convertible debentures or any other instrument as may be appropriate. The Board of Directors of the company at its meeting held on April 09, 2020 has approved the same.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.