L&T Construction wins Orders from India and Oman for its Buildings & Factories Business

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

The Residential Business of B&F has secured a significant repeat order from Government Planning & Development Authority, Maharashtra to construct EWS Housing, 14 towers and related infrastructure works in Navi Mumbai.

The scope of works includes Design & Construction of civil structures in all aspects including Finishes, MEP, and related external development works. The Project is to be executed within 42 months.

Further the business through the L&T Oman entity has been awarded the contract for a Mixed-Use Development project in Muscat by a reputed private client.

This contract involves the construction of a 3-star hotel featuring 80-key hotel rooms, 101 serviced apartments, and a 23-key residential apartment & office block with a common basement, associated service buildings, external works, services, as well as hard and soft landscaping.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 3573.80 as compared to the previous close of Rs. 3542.50. The total number of shares traded during the day was 33919 in over 3477 trades.

The stock hit an intraday high of Rs. 3588.00 and intraday low of 3538.65. The net turnover during the day was Rs. 121027073.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 Buildings Factories OrderWin India Oman