Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
3933.45
1.00 (0.03%)
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L&T hits new 52 week high as its construction arm secures orders for various businesses

Date: 08-11-2021

Larsen & Toubro is currently trading at Rs. 1928.00, up by 19.30 points or 1.01% from its previous closing of Rs. 1908.70 on the BSE.

The scrip opened at Rs. 1935.55 and has touched a high and low of Rs. 1951.30 and Rs. 1913.25 respectively. So far 85944 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1,951.30 on 08-Nov-2021 and a 52 week low of Rs. 942.50 on 05-Nov-2020.

Last one week high and low of the scrip stood at Rs. 1,951.30 and Rs. 1752.00 respectively. The current market cap of the company is Rs. 269588.66 crore.

The Institutions and Non-Institutions holding in the company stood at 56.20% and 43.80% respectively.

Larsen & Toubro’s (L&T) construction arm -- L&T construction has secured orders for its various businesses in India. The company’s Metallurgical &. Material Handling (MMH) business has been awarded an Engineering, Procurement & Construction (EPC) order for 12 MTPA Dry Circuit Systems on a turnkey basis for a Screening Plant (SP-III) from NMDC at their Kirandul Complex, Chhattisgarh. The scope of work includes Tertiary Crushing, 2-stage Screening, Stacking, Reclaiming and Dispatch of Iron ore along with the associated Civil, Structural, E&I and other auxiliary facilities.

Its Buildings & Factories (B&F) business has secured a prestigious order from DRDO to construct their Flight Control System Facility at ADE, Bengaluru. The project involves construction of a 1.2 lakh sq. ft facility consisting of Ground plus 6 Floors in an extremely fast track timeline of 4 months.

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