Larsen & Toubro Ltd.

Larsen & Toubro is currently trading at Rs. 1382.90, up by 30.90 points or 2.29% from its previous closing of Rs. 1352.00 on the BSE.

The scrip opened at Rs. 1354.30 and has touched a high and low of Rs. 1387.80 and Rs. 1354.30 respectively. So far 279238 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1,387.80 on 14-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. 1,387.80 and Rs. 1344.30 respectively. The current market cap of the company is Rs. 193302.96 crore.

The Institutions and Non-Institutions held 53.94% and 46.06%, stake in the company respectively.

Larsen & Toubro’s (L&T) construction arm -- L&T construction has secured orders from prestigious clients for various businesses. Building & Factories’ (B&F) arm -- Commercial and Residential Spaces has won an order from a reputed developer to construct an office space in Mumbai. The scope of the project includes construction of 2 towers comprising 4 basements, G plus 21 Floors with a built-up area of 33.50 lakh Sq. Ft.

The company’s Railways Strategic Business Unit has secured an Engineering,Procurement and Construction (EPC) order from the Central Organisation for Railway Electrification (CORE), Package EPC-06 to electrify 918.40 RKM/1171.31 Track KM of railway lines in the North Western Railway.The project is a part of the 'Mission Electrification' initiative of the Central Government aimed to electrify the entire Indian Railway Network to reduce carbon footprint and expenditure on diesel.

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