Larsen & Toubro is currently trading at Rs. 929.50, up by 22.25 points or 2.45% from its previous closing of Rs. 907.25 on the BSE.
The scrip opened at Rs. 912.75 and has touched a high and low of Rs. 935.80 and Rs. 908.60 respectively. So far 106008 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1591.60 on 05-Jul-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. 935.80 and Rs. 874.40 respectively. The current market cap of the company is Rs. 130058.82 crore.
The Institutions and Non-Institutions held 55.27% and 44.72%, stake in the company respectively.
Larsen & Toubro (L&T) has affirmed its commitment to achieving self-reliance for the domestic industry by creating a strong and feasible 'Make in India' ecosystem. The company takes pride on being at the forefront of creating projects and products, some of the largest, biggest, and longest in the world - all made in India.
The company has been involved in developing a strong supply chain of local vendor partners in its businesses like it did for over 80% localization for its 155mm/52 calibre tracked, self-propelled '1(9 Vajra-T' guns, supplied to Indian army. It is also nurturing the local manufacturing and construction ecosystem involved in producing efficient and cost-effective substitutes for the global markets.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.