Larsen & Toubro Ltd.

Larsen & Toubro (L&T) is currently trading at Rs. 1596.95, up by 16.60 points or 1.05% from its previous closing of Rs. 1580.35 on the BSE.

The scrip opened at Rs. 1575.00 and has touched a high and low of Rs. 1604.40 and Rs. 1568.15 respectively. So far 157625 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1719.50 on 29-Oct-2012 and a 52 week low of Rs. 1106.40 on 04-Jun-2012.

Last one week high and low of the scrip stood at Rs. 1604.40 and Rs. 1502.15 respectively. The current market cap of the company is Rs. 98048.55 crore.

The Institutions and Non-Institutions held 52.86% and 43.55% stake in the company, respectively.

L&T Construction has won new orders valued over Rs 2,542 crore across various business segments in April and May 2013. Under the Building & Factories Business, the company has bagged new orders worth Rs 1,021 crore for the construction of residential towers, a cement plant and a factory at various locations across India, including additional orders from operating projects.

Under the Heavy Civil Infrastructure Business, the company has secured new orders worth Rs 866 crore for the Kochi Metro Rail Project. The scope of work includes construction of an elevated viaduct, elevated stations including architectural finishing work of stations and connecting the viaduct and ramp to the depot on Alwaye-Petta line of the project.

In the Transportation Infrastructure Business, the company has received a new order worth Rs 315 crore has been received from Dedicated Freight Corridor Corporation of India for the design and construction of 2x25 kV electrification, signaling, telecommunication and associated works for a double track railway line between New Karwandiya to Durgauti section of the eastern corridor.

Under the Water & Renewable Energy Business, the company has secured EPC orders worth Rs 148 crore from the Public Health Engineering Department, Rajasthan for a water supply distribution system for 97 villages at Tehsil Ladnu in Rajasthan. Additional orders worth Rs 192 crore have also been received for one of the operating projects under Power Transmission and Distribution Business.