Larsen & Toubro Ltd.

Larsen & Toubro is currently trading at Rs. 1246.85, up by 52.50 points or 4.40% from its previous closing of Rs. 1194.35 on the BSE.

The scrip opened at Rs. 1197.00 and has touched a high and low of Rs. 1250.00 and Rs. 1197.00 respectively. So far 479598 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1383.85 on 01-Feb-2020 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. 1250.00 and Rs. 1144.70 respectively. The current market cap of the company is Rs. 173720.60 crore.

The Institutions and Non-Institutions holding in the company stood at 53.94% and 46.06% respectively.

Larsen & Toubro’s (L&T) construction arm -- L&T construction has secured orders from prestigious clients for two of its businesses.

Building & Factories’ (B&F) Residential Business has received an add-on order from a reputed developer for the core & shell works of two wings of a tower in addition to the non-tower area works.

L&T Construction's Power Transmission & Distribution Business continued its winning spree by securing another package to provide Electrical & Mechanical Systems for tunnels in the Udhampur Srinagar Baramulla rail link project. The scope of the package involves 33kV & 11 kV HT power cable network, GIS substation, DG sets, tunnel lighting, ventilation & firefighting systems and SCADA system. Another underground cabling package has been secured to improve the reliability of power supply in a South Indian city. The business has also secured add-on orders from its existing customers.

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