L&T Construction wins orders for Buildings & Factories Business

The Buildings & Factories (B&F) vertical of Larsen & Toubro (L&T) has won multiple orders in India.

It has secured an order from the Asian Institute of Gastroenterology, Hyderabad for constructing a super-speciality hospital at Gachibowli in the city. The scope includes civil structures, finishes, façade, interiors, MEP services, paramedical and external development jobs, including landscaping. The total built up area is 1.1 mn sq ft.

Further, an order has been secured from a prestigious client for the construction of office space in Mumbai with an approximate built-up area of 13 lakh sq ft. The scope includes civil and composite steel structure for 2B+G+6P+18 office floors. The project is scheduled to be completed in 20 months. This demonstrates customer confidence in B&F's expertise in executing fast track steel structures with composite steel technology.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 3686.75 as compared to the previous close of Rs. 3704.25. The total number of shares traded during the day was 118712 in over 9898 trades.

The stock hit an intraday high of Rs. 3720.00 and intraday low of 3673.70. The net turnover during the day was Rs. 437836807.00.

Source : Equity Bulls

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LarsenandToubro OrderWin BuildingsandFactories