Larsen & Toubro Ltd.

Larsen & Toubro is currently trading at Rs. 1312.90, up by 16.15 points or 1.25% from its previous closing of Rs. 1296.75 on the BSE.

The scrip opened at Rs. 1303.10 and has touched a high and low of Rs. 1318.70 and Rs. 1302.35 respectively. So far 53238 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. 1318.70 and Rs. 1267.00 respectively. The current market cap of the company is Rs. 184856.35 crore.

The Institutions holding in the company stood at 53.94%, while Non-Institutions held 46.06%.

Larsen & Toubro’s (L&T) wholly owned subsidiary – L&T Hydrocarbon Engineering has won an order from HPCL Rajasthan Refinery (HRRL), a joint venture between Hindustan Petroleum Corporation (HPCL) and Government of Rajasthan. The engineering, procurement, construction and commissioning (EPCC) contract is for setting up a Dual Feed Cracker Unit (DFCU), EPCC-07 Package (capacity: 890 KTPA) for Rajasthan Refinery Project at Barmer, Rajasthan. The DFCU is the biggest EPCC contract awarded in the country to date in the Refinery and Petrochemical Sector. The unit is licensed by TechnipFMC.

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