L&T GeoStructure wins multiple orders

L&T GeoStructure wholly owned subsidiary has recently secured multiple orders from across India.

The business has secured an order from the Paradip Port Authority (PPA), to construct a South Breakwater Extension, Groynes and a Breakwater Toe Protection Wall at Paradip Port, Odisha. The major scope of work includes extension of the existing south breakwater by 500 mtr, construction of 10 Groynes on the northside of North Breakwater for a cumulative length of 1650 mtrs, breakwater toe protection works using steel/sheet piles to deepen the draft of the approach channel.

The business has also secured an order from the Hindustan Shipyard Limited (HSL), to augment the Slipway-4, Visakhapatnam, Andhra Pradesh. The major scope of work includes upgrading the slipway, constructing the crane track and allied services such as gas utilities, firefighting system and supply and erecting a 300 MT Goliath crane.

Further, the business has secured an order from a reputed real-estate developer to construct substructure works in Chennai. The major scope of the work includes construction of a retention system involving anchoring works and deep excavation.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 3774.10 as compared to the previous close of Rs. 3706.10. The total number of shares traded during the day was 164484 in over 8145 trades.

The stock hit an intraday high of Rs. 3812.00 and intraday low of 3699.00. The net turnover during the day was Rs. 618111610.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 LandT GeoStructure OrderWin