L&T rises with its arm bagging order for Coke Calciner Project in Oman

L&T rises with its arm bagging order for Coke Calciner Project in Oman

by admin- Tuesday, March 26th, 2019 03:40:30 PM

Larsen & Toubro is currently trading at Rs. 1380.00, up through 2.80 factors or zero.20% from its previous final of Rs. 1377.20 at the BSE.

The scrip opened at Rs. 1378.50 and has touched a excessive and low of Rs. 1389.00 and Rs. 1375.50 respectively. So a ways 20322 shares had been traded at the counter.

The BSE institution ‘A’ inventory of face cost 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.Forty on 23-Oct-2018.

Last one week excessive and coffee of the scrip stood at Rs. 1414.Ninety five and Rs. 1361.25 respectively. The present day marketplace cap of the agency is Rs. 193821.68 crore.

The Institutions and Non-Institutions held 58.16% and 41.Eighty four%, stake in the organisation, respectively.

Larsen & Toubro’s (L&T) fully owned subsidiary — L&T Hydrocarbon Engineering (LTHE) has received a big order from Tawfiq Coke Products-Oman. The contract scope consists of selection of technology licensor, FEED & EPC for a 2 x 225,000 TPA plant of calcined coke from inexperienced pet coke.

The process facilities consist of cloth handling, rotary kiln and cooler, combustion chamber, fuel separation and related offsite & utilities applications. This award will in addition make stronger L&T’s operations in Oman and offer an opportunity to contribute to the expansion of business facilities in Sohar.

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