The construction arm of Larsen & Toubro has won orders worth Rs. 1,266 crore across various business segments.
The Buildings & Factories Business has bagged orders worth Rs. 928 crore.
An order has been bagged from a reputed government client to construct 284 Residential towers of G+3 floors under the Prime Minister Awas Yojana Scheme in various locations of Krishna District of Andhra Pradesh. The scope of works include design & construction of civil structure, architecture and MEP works for 13,314 Units to be completed within stringent timelines.
The business has also received additional orders from various ongoing projects.
The Power Transmission and Distribution business & Transportation Infrastructure business has bagged an order from the Mumbai Metro Rail Corporation Ltd. (MMRC) worth Rs. 338 Crore.
The project involves Design, Engineering, Supply, Installation, Testing and Commissioning of Traction & Power Supply works for Mumbai Metro Line 3 (Colaba-Bandra-SEEPZ). This order has been secured against stiff competition from other major multi-national companies.
Shares of LARSEN & TOUBRO LTD. was last trading in BSE at Rs.1291.25 as compared to the previous close of Rs. 1283.15. The total number of shares traded during the day was 99294 in over 3161 trades.
The stock hit an intraday high of Rs. 1296.75 and intraday low of 1275.85. The net turnover during the day was Rs. 127643317.