L&T rises with production arm bagging orders well worth Rs 2,547 crore

L&T rises with production arm bagging orders well worth Rs 2,547 crore

by admin- Friday, December 7th, 2018 05:57:12 PM

Larsen & Toubro is currently trading at Rs. 1382.00, up by means of 2.Forty factors or zero.17% from its preceding closing of Rs. 1379.60 on the BSE.

The scrip opened at Rs. 1388.60 and has touched a excessive and occasional of Rs. 1388.60 and Rs. 1371.75 respectively. So far 17881 shares had been traded on the counter.

The BSE institution ‘A’ inventory of face price Rs. 2 has touched a 52 week high of Rs. 1469.60 on 01-Feb-2018 and a fifty two week low of Rs. 1176.00 on 14-Dec-2017.

Last one week high and coffee of the scrip stood at Rs. 1438.Ninety five and Rs. 1,371.75 respectively. The cutting-edge marketplace cap of the employer is Rs. 193471.34 crore.

The Institutions and Non-Institutions maintaining in the organisation stood at 57.Fifty seven% and forty two.44% respectively.

Larsen & Toubro’s (L&T) creation arm — L&T Construction has gained orders worth Rs 2,547 crore. The company’s Power Transmission & Distribution business has secured orders well worth Rs 2,547 crore. On the international the front, the enterprise has received a main order in Tanzania for the construction of a 220kV Transmission Line between Dar es Salaam and Morogoro which in turn will help electrification of a preferred gauge railway line. The enterprise has obtained two other orders in northern region of Africa for substations from reputed clients. The business has bagged every other step forward order in Thailand for the deliver and construction of a 230kV Gas Insulated Substation with the intention to cater to the Greater Bangkok vicinity.

In India, the business has secured EPC orders for constructing 132kV Substations and associated Transmission Lines in Jharkhand. Another turnkey order has been secured for the development of 220kV & 132kV Transmission Lines in West Bengal.

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