L&T Construction, the construction arm of L&T has secured various orders in India for its businesses.
The Metallurgical & Material Handling (MMH) Business has secured an order to set up Coke Oven, By Product and Coke Dry Quenching plants, given its competence and capability to deliver complex plants in the steel sector.
The spurt in the minerals and metals sector has accelerated much-needed private sector investment.
The MMH Business has also secured new orders in the mining sector for its Products Business and add-on orders from its existing customers.
These orders affirm MMH's leadership position and signify its continued efforts to build customer confidence in the Metallurgical & Materials space.
The Buildings & Factories business has won an order from a prestigious client for construction of office space at Hyderabad with an approximate built-up area of 20 Lakhs Sq. ft on fast-track timelines, scheduled to be completed in 14 months.
This project consists of 2 Towers with 5 Basements Et associated utility buildings. The Tower area comprises composite structural steel structure from the basement. The scope of work involves Civil, Finishes & related MEP works. The project reaffirms L&T's commitment to move into Modular Structural Steel Composite Structures to overcome the challenge of scarcity in skilled manpower and to meet the accelerated delivery timelines from the Customer.
The Water & Effluent Treatment business has bagged an order from Indian Oil Corporation Limited (IOCL) to construct a Demineralization Plant, ETP and allied facilities for its Barauni Refinery in Bihar.
The project scope involves design, engineering, supply, erection & commissioning of the demineralisation plant, effluent treatment plant, condensate polisking unit and drinking water plant with single point responsibility on Lump Sum Turn-Key basis.
The order from the refinery and petrochemical sectors underpins the business capability to deliver advanced water treatment technologies within stringent timelines.
L&T GeoStructure Pvt Ltd. (LTGS), a wholly owned subsidiary of L&T, has bagged a strategic order from the Department of Water Resources, Government of Odisha, for the construction of 1 km long, 1000 mm thick plastic concrete cut-off wall for the Kanupur Irrigation Project at Keonjhar District, Odisha. The cut-off wall will arrest the seepage of water from upstream to downstream to improve the stability of the dam. The duration of the project is 11 months.
LTGS is focussed on ground engineering business, with the expertise to design and execute deep foundations like large diameter piling, diaphragm walls and cut-off walls, in the areas of marine, intake structures, water and earth retaining structures and bridges.
Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 1716.70 as compared to the previous close of Rs. 1727.30. The total number of shares traded during the day was 699594 in over 5578 trades.
The stock hit an intraday high of Rs. 1746.75 and intraday low of 1714.95. The net turnover during the day was Rs. 1208340330.00.