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L&T gains with construction arm bagging orders worth Rs 5,704 crore

Larsen & Toubro is currently trading at Rs. 1361.00, up by 17.20 points or 1.28% from its previous closing of Rs. 1343.80 on the BSE.

The scrip opened at Rs. 1347.05 and has touched a high and low of Rs. 1363.00 and Rs. 1345.05 respectively. So far 30841 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1469.60 on 01-Feb-2018 and a 52 week low of Rs. 1,108.12 on 30-Jun-2017.

Last one week high and low of the scrip stood at Rs. 1363.00 and Rs. 1311.00 respectively. The current market cap of the company is Rs. 190409.48 crore.

The Institutions and Non-Institutions held 58.16% and 41.84% stake respectively in the company.

Larsen & Toubro’s (L&T) construction arm - L&T Construction’s Water & Effluent Treatment Business has bagged orders worth Rs 5,704 crore.

Recently, the company’s construction arm - L&T Construction’s Transportation Infrastructure business has won a major Design & Build order from the Dhaka Mass Transit Company (DMTC) worth Rs 3191 crore for Electrical & Mechanical Systems Package of Dhaka Mass Rapid Transit Development Project.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $17 billion in revenue.

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