Stock Report

L&T secures contract for the Bullet Train project to supply 28 steel bridges



Posted On : 2021-01-29 10:49:29( TIMEZONE : IST )

L&T secures contract for the Bullet Train project to supply 28 steel bridges

The Heavy Civil Infrastructure business of L&T Construction has secured a Significant contract from two packages [P4(X) Et P4(Y)] of the Mumbai Ahmedabad High Speed Rail Corridor to Procure, Fabricate, Assemble, Paint and Transport 28 bridges - steel truss superstructures with bearings - to various sites that will cross over roads / rivers / railway lines and other structures.

The project was secured through a consortium of L&T and IHI Infrastructure Systems (IIS) of Japan.

Shares of LARSEN & TOUBRO LTD. was last trading in BSE at Rs.1345 as compared to the previous close of Rs. 1359.75. The total number of shares traded during the day was 353375 in over 10776 trades.

The stock hit an intraday high of Rs. 1365.35 and intraday low of 1340.1. The net turnover during the day was Rs. 477207904.

Source : Equity Bulls

Keywords