L&T Construction wins EPC Orders for its Buildings & Factories Business in India

The Buildings & Factories (B&F) Business of Larsen & Toubro (L&T) Construction has recently secured EPC orders in India.

The Business has won an order from a reputed developer to construct residential towers in Thane, Mumbai. The scope of the work includes construction of core and shell works for 5 towers comprising ground, 5 podiums, 54 floors and allied parking areas. The project is to be executed within stringent timelines.

Further, B&F Fast, one of the verticals of the Business, has secured an order from a prestigious client to construct commercial office space in Bengaluru with an approximate built-up area of 16 lakhs sq. ft. The scope of work includes civil works for the composite structure, warm shell finishes to construct 3B+G+15 floors. The project is scheduled to be completed in 18 months. This is testament to the expertise of the business vertical for fast track execution of steel structures with composite steel technology.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 2226.90 as compared to the previous close of Rs. 2246.15. The total number of shares traded during the day was 43498 in over 4059 trades.

The stock hit an intraday high of Rs. 2254.70 and intraday low of 2224.00. The net turnover during the day was Rs. 97199759.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 Construction EPCOrders OrderWin BuildingsandFactories