L&T Construction wins multiple orders for Buildings & Factories Business

The Buildings & Factories (B&F) vertical of Larsen & Toubro Construction (L&T) has won multiple orders in the domestic and international markets.

The Business has secured a contract to construct the Al Namaa General Hospital from the Ministry of Health, Sultanate of Oman. The scope of works includes construction of a 165-bed hospital building (G+4) including basement and ancillary buildings like substations, STP, etc. The project is to be executed in 30 months involving civil structures, finishes, MEP services, medical equipment, and external development, including landscaping.

In the domestic market, the Business secured an order for "Construction of Maa Kamakhya Temple Access Corridor, Assam" on a Design & Build Turnkey Basis from the Assam PWD. The scope of work includes a Multi Utility Building, Pilgrim Management Block, Chinnamasta Block, Siddheshwar Block and Access Corridor for the temple. The other scope of work involves finishes & allied MEP services along with external development within the site premises.

Further, the Business received an order from a subsidiary of a leading Paint Manufacturing Company to construct a polymer manufacturing plant in Gujarat. The scope involves Civil, Structural & Architectural works including External Development Works.

Lastly, the Business got an order for a Solar Glass Manufacturing Plant in Gujarat. The scope involves Civil, Structural & Architectural works.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 3706.10 as compared to the previous close of Rs. 3669.85. The total number of shares traded during the day was 39507 in over 3217 trades.

The stock hit an intraday high of Rs. 3726.90 and intraday low of 3670.00. The net turnover during the day was Rs. 146358743.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 OrderWin BuildingsandFactories