Larsen & Toubro Ltd.

Larsen & Toubro is currently trading at Rs. 921.70, up by 5.45 points or 0.59% from its previous closing of Rs. 916.25 on the BSE.

The scrip opened at Rs. 913.70 and has touched a high and low of Rs. 927.80 and Rs. 901.60 respectively. So far 63412 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1554.05 on 23-Sep-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. 970.85 and Rs. 901.60 respectively. The current market cap of the company is Rs. 129817.06 crore.

The Institutions and Non-Institutions held 54.82% and 44.67% stake in the company respectively.

Larsen & Toubro’s (L&T) construction arm -- L&T construction has won prestigious package for its Power Transmission and Distribution Business to establish transmission lines and substations associated with a major infrastructure project in Telangana. The scope of the package involves establishing three new 400 kV Substations with Reactors, associated bay extensions at connected substations and more than 170 km of 400 kV Transmission Links, on a turnkey basis. Another order has been secured from Konkan Railway Corporation to provide Electrical and Mechanical Systems for two tunnels in the Katra Dharam section of the Udhampur Srinagar Baramulla rail link project.

A Power Distribution package to replace bare conductors with Aerial Bunched Cables has been received from North India. Additional orders have been received from ongoing transmission line projects. In Oman, the business has bagged a package to construct 400 kV Overhead Lines connecting three Grid Stations. These high capacity transmission lines will interconnect three major transmission systems to improve dispatch coordination and grid security. A repeat order has been received from a reputed client in the Middle East.

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