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L&T has bagged various orders worth Rs. 2,002cr - Angel Broking
Posted On : 2013-06-06 20:33:19( TIMEZONE : IST )
Larsen & Toubro (L&T) said it has bagged Rs. 528cr order for construction of office building at Bangalore and Ahmedabad from esteemed clients. Also, in the water & renewable energy segment it has bagged order worth Rs. 806cr primarily for EPC of a solar photovoltaic power plant in Tamil Nadu. The company has bagged various orders worth Rs. 451cr and Rs. 217cr in the transportation and power segment.
We continue to maintain our Buy rating on the stock with a target price of Rs. 1,761.
