Larsen & Toubro Ltd.

Larsen & Toubro is currently trading at Rs. 915.00, up by 35.10 points or 3.99% from its previous closing of Rs. 879.90 on the BSE.

The scrip opened at Rs. 878.75 and has touched a high and low of Rs. 915.80 and Rs. 871.70 respectively. So far 101830 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. 926.70 and Rs. 809.00 respectively. The current market cap of the company is Rs. 128063.03 crore.

The Institutions holding in the company stood at 56.49% and Non-Institutions held at 43.51%.

Larsen & Toubro’s (L&T) arm -- L&T Heavy Engineering has won significant contracts in Q4 of FY20. The arm has secured orders for Key Gasification Equipment from Wuhan Engineering, China against stiff Chinese competition for Talcher Fertilizer, which is the first-of-its-kind Coal gasification project in India. It will produce 1.27 MMTPA of Urea through the gasification of the mixed feedstock of Indian coal with high ash content and pet coke.

Other notable orders include Reactors and Heat Exchangers for Process Plant and Nuclear Power sectors against global competition.

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