L&T profits as its production arm baggage contract for layout, production of essential airport

L&T profits as its production arm baggage contract for layout, production of essential airport

by admin- Monday, February 18th, 2019 04:16:48 PM

Larsen & Toubro is currently trading at Rs. 1252.00, up by way of eight.75 points or 0.70% from its preceding last of Rs. 1243.25 on the BSE.

The scrip opened at Rs. 1243.25 and has touched a high and low of Rs. 1258.Fifty five and Rs. 1243.25 respectively. So a long way 20666 stocks have been traded on the counter.

The BSE institution ‘A’ stock of face fee Rs. 2 has touched a 52 week excessive of Rs. 1459.10 on 21-Dec-2018 and a fifty two week low of Rs. 1183.40 on 23-Oct-2018.

Last one week high and low of the scrip stood at Rs. 1264.05 and Rs. 1202.30 respectively. The modern-day market cap of the business enterprise is Rs. 174381.30 crore.

The Institutions and Non-Institutions holding within the organization stood at fifty eight.16 % and forty one.84 % respectively.

Larsen & Toubro’s (L&T) creation arm — L&T Construction has secured a mega contract for design and construction of a chief airport. The Engineering, Procurement and Construction orders were secured to execute development works of a major airport.

The scope of work includes design, engineering, procurement and construction of Passenger Terminal Building, a new runway, rehabilitation of a runway, taxiways and aprons, a brand new multiplied eastern move taxiway, landside roads, software infrastructure, drainage and modifications for the prevailing Terminal.

The venture entails luggage handling structures, passenger boarding bridges, airport safety systems, visual docking steerage systems, vertical horizontal transportation, airfield floor lighting, mechanical, electric and plumbing works. This will growth the existing capability to 40 Million Passenger Per Annum (40MPPA).

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