Stock Report

L&T Construction secures significant orders for its Water & Effluent Treatment Business



Posted On : 2022-10-14 11:51:04( TIMEZONE : IST )

L&T Construction secures significant orders for its Water & Effluent Treatment Business

The Water & Effluent Treatment Business of L&T Construction has secured repeat orders from the Narmada Water Resources, Water Supply & Kalpsar Department, Govt. of Gujarat, to execute pumping system and pipeline works from Tappar Dam to Nirona Dam (Northern Link). This is the single largest order secured by the Business in Gujarat.

The scope of work involves Design, Supply, Construction & Commissioning of pump houses & pipelines, with associated electrical & automation works. The turnkey project aims to strengthen water resources in Kachchh district of Gujarat by filling existing reservoirs that will irrigate 36,392 Ha of land.

The order reinforces the customer's trust in L&T's capability to undertake projects of social importance in seismically sensitive areas with the larger goal of agricultural development and water conservation.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 1876.00 as compared to the previous close of Rs. 1911.45. The total number of shares traded during the day was 36136 in over 3635 trades.

The stock hit an intraday high of Rs. 1912.00 and intraday low of 1868.15. The net turnover during the day was Rs. 68068921.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 LT WaterandEffluentTreatment Gujarat OrderWin RepeatOrder