L&T surges on the BSE

L&T surges on the BSE

by admin- Thursday, February 14th, 2019 04:07:57 PM

Larsen & Toubro is currently trading at Rs. 1222.15, up by means of 2.35 points or 0.19% from its previous ultimate of Rs. 1219.Eighty on the BSE.

The scrip opened at Rs. 1222.00 and has touched a high and low of Rs. 1232.00 and Rs. 1215.20 respectively. So a ways 24515 shares were traded at the counter.

The BSE organization ‘A’ stock of face fee Rs. 2 has touched a 52 week high 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 high and coffee of the scrip stood at Rs. 1299.35 and Rs. 1215.20 respectively. The modern market cap of the agency is Rs. 171092.14 crore.

The Institutions and Non-Institutions conserving inside the agency stood at fifty eight.Sixteen% and forty one.84%, respectively.

Larsen & Toubro’s (L&T) construction arm — L&T Construction has received orders throughout of its enterprise segments. The Power Transmission & Distribution (PT&D) Business has bagged numerous EPC orders. On the International front, an order has been secured in the United Arab Emirates for the construction, supply, installation, testing and commissioning of a 132/11kV Substation and associated works. PT&D has also won an order for a 132kV Cable Circuit. In India, the enterprise has received an order to transform overhead lines of a power distribution machine to an underground cabling device inside the cyclone-susceptible coastal city of Cuddalore in Tamil Nadu. The enterprise has also secured add-on orders from some of its existing transmission line initiatives.

Besides, Water & Effluent Treatment Business has secured initiatives from the Andhra Pradesh Drinking Water Supply Corporation (APDWSC), Government of Andhra Pradesh. Engineering, Procurement and Construction orders had been secured for the execution of consuming water deliver projects in Srikakulam and East Godavari districts of Andhra Pradesh. The mixture scope of labor includes design, supply and erection of 8,036 Kms of transmission and distribution pipelines, creation of 19 Water Treatment Plants of mixture potential 133 MLD, 1,628 Elevated Storage Reservoirs of aggregate ability forty five.35 ML, 217 pump houses and five.6 lakh House Service Connections. The tasks will cater drinking water to two,898 habitations of Srikakulam and East Godavari districts of Andhra Pradesh.

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