Larsen & Toubro has secured various orders for its Buildings & Factories business

The Buildings & Factories business of Larsen & Toubro has secured various orders in the large category under its various business units.

The business has secured an order to construct a residential township in Bengaluru involving the construction of 3,627 apartments spread across 19 Towers having configuration of 3 Basements + Ground + 23 to 41 Floors, 88 Villas along with club houses, swimming pools and other amenity structures. The total built up area will be approximately 9.7 million sq.ft.

The business also secured orders from a reputed developer to construct Commercial Towers in Hyderabad. The scope of work includes construction of 2 buildings (2B+G+6P+1T+15 Floors and 3B+LG+UG+4P+1T+14 Floors) with a combined built-up area of 4.2 million square feet.

In addition, the business has bagged an order from the Indian Institute of Technology, Kanpur to construct a Super Specialty Hospital & Academic Block as part of the Gangwal School of Medical Sciences and Technology. This will be the first super-specialty hospital with a medical college campus in India. This campus will play an important role in IIT Kanpur's medical research and help train next generation medical personnel. The project involves construction of a 500 bedded Hospital block (G+5 floors) & Academic Block (G+5 floors).

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 3026.20 as compared to the previous close of Rs. 3072.80. The total number of shares traded during the day was 67686 in over 6108 trades.

The stock hit an intraday high of Rs. 3067.95 and intraday low of 2990.05. The net turnover during the day was Rs. 204412091.00.

Source : Equity Bulls

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LarsenandToubro INE018A01030 LandTConstruction Buildings Factories BusinessUnit OrderWin