Larsen & Toubro Ltd.

Larsen & Toubro is currently trading at Rs. 2047.10, up by 22.70 points or 1.12% from its previous closing of Rs. 2024.40 on the BSE.

The scrip opened at Rs. 2030.00 and has touched a high and low of Rs. 2049.40 and Rs. 2029.25 respectively. So far 28600 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. 1456.80 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 2058.40 and Rs. 2000.40 respectively. The current market cap of the company is Rs. 287158.05 crore.

The Institutions and Non-Institutions held 62.84% and 37.17% respectively, in the company.

Larsen & Toubro’s (L&T) construction arm -- L&T construction has secured an order from the prestigious Greenko group, one of the world’s leading renewable energy companies, for development of an off stream pumped storage project in Madhya Pradesh.

The Civil and Hydromechanical works of the project will be executed through a Consortium led by Larsen & Toubro, under a stringent timeline of 30 months. Upon completion, the project will be one of the largest clean energy projects of its kind in India. Securing this pumped storage system order reiterates Larsen & Toubro’s commitment to bolster India’s clean energy sector and a step forward towards the country’s goal of being Carbon Neutral.

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