Larsen & Toubro Ltd.

BSE: 500510 | NSE: LT
Large Cap | Engineering - Construction
3932.45
138.80 (3.66%)
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L&T rises on partnering with Vi to set-up pilot private LTE Network

Date: 30-03-2022

Larsen & Toubro is currently trading at Rs. 1759.00, up by 13.60 points or 0.78% from its previous closing of Rs. 1745.40 on the BSE.

The scrip opened at Rs. 1753.55 and has touched a high and low of Rs. 1774.80 and Rs. 1753.55 respectively. So far 20491 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2078.20 on 18-Jan-2022 and a 52 week low of Rs. 1306.40 on 19-Apr-2021.

Last one week high and low of the scrip stood at Rs. 1779.70 and Rs. 1727.70 respectively. The current market cap of the company is Rs. 247144.62 crore.

The Institutions and Non-Institutions holding in the company stood at 56.18% and 43.82% respectively.

Larsen & Toubro’s (L&T) Smart World & Communication (SWC) and Vodafone Idea (Vi) have come together to establish a use case of Private LTE enterprise network in India. Both companies will carry out an accelerated Proof of Concept (PoC) at group business L&T Heavy Engineering’s ‘A M Naik Heavy Engineering Complex’, Hazira (Surat).

L&T SWC and Vi have also partnered to trial 5G Use Cases in the areas of Public Safety, Smart and Connected Health, as part of the ongoing 5G trials on Govt. allocated 5G spectrum. Both the companies have collaborated to test and validate 5G use cases built on IoT, Video AI technologies leveraging L&T’s Smart City platform.

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