L&T-Construction awarded Contract for its Buildings a Factories Business

The construction arm of Larsen & Toubro has secured a significant order for its Buildings & Factories business from a reputed developer.

The residential business of Buildings and Factories has secured this order to construct one of the largest residential townships in Bengaluru. The project involves construction of 6,768 apartments spread across 39 Towers with 2 Basements + Ground + 27 to 31 Floors. Additionally, the development entails 149 villas along with club houses, swimming pools and other amenity structures. The total built up area will be 13.43 million sq.ft. The project is scheduled to be completed in 42 months.

The scope of works includes Design & Construction of entire civil structure including waterproofing, masonry, plastering and electrical conduiting.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 1826.80 as compared to the previous close of Rs. 1797.85. The total number of shares traded during the day was 133877 in over 4060 trades.

The stock hit an intraday high of Rs. 1851.75 and intraday low of 1810.00. The net turnover during the day was Rs. 244849994.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 Construction Engineering Developer OrderWin