L&T Construction secures order from Northern Coalfields Ltd

Metallurgical and Material Handling Business of L&T Construction has secured an order from Northern Coalfields Limited, a subsidiary of Coal India Limited (CIL), for a coal processing and load out package to be installed at the Dudhichua Mines located in Uttar Pradesh. CIL envisions production to touch 1 Billion Tonne (Bt) by 2023-24 to meet the country's demand for coal.

The scope of work involves EPC for a double stream coal sizing & transportation system covering semi mobile sizing system, high capacity specialty conveyors, and an automated loading system.

The business has also secured new and add-on orders from its existing customers.

The business continues to build customer confidence and maintain leadership position in the space they operate.

Shares of LARSEN & TOUBRO LTD. was last trading in BSE at Rs.921.95 as compared to the previous close of Rs. 909.55. The total number of shares traded during the day was 128510 in over 5793 trades.

The stock hit an intraday high of Rs. 923.5 and intraday low of 912.2. The net turnover during the day was Rs. 117999412.

Source : Equity Bulls

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