Larsen & Toubro Ltd.

Larsen & Toubro is currently trading at Rs. 1362.70, up by 12.95 points or 0.96% from its previous closing of Rs. 1349.75 on the BSE.

The scrip opened at Rs. 1351.20 and has touched a high and low of Rs. 1372.75 and Rs. 1351.20 respectively. So far 68055 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1384.80 on 11-Jan-2021 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. 1384.80 and Rs. 1324.00 respectively. The current market cap of the company is Rs. 190859.55 crore.

The Institutions holding in the company stood at53.94% and Non-Institutions held 46.06%.

Larsen & Toubro’s (L&T) construction arm -- L&T construction has secured orders from prestigious clients for various businesses. The company’s Metallurgical and Material Handling (MMH) business has received orders to construct a metallurgical plant in the domestic market, add on orders from an overseas package and product supply orders from various customers. Traction in metal prices gives a good outlook for the business in the near and medium term and

The company’s Power Transmission & Distribution Business has won an Engineering, Procurement, Construction and Commissioning (EPCC) Contract to construct a 500kV Transmission Line in Malaysia that comes at the heels of the successful completion of a similar 500kV project in West Malaysia. The proposed overhead line will facilitate power evacuation from an upcoming Combined Cycle Power Generating facility in the region.

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