Stock Report

L&T wins Order for Agra Metro Network



Posted On : 2024-10-16 17:28:05( TIMEZONE : IST )

L&T wins Order for Agra Metro Network

The Heavy Civil Infrastructure vertical of Larsen & Toubro has secured an order from Uttar Pradesh Metro Rail Corporation Ltd (UPMRCL) for the design and construction of Agra Metro Phase 1, Line-2. The stretch will run from Agra Cantonment to Kalindi Vihar.

The scope of works involves design and construction of a vital 15.09 km elevated viaduct, 14 stations and 2.61 km depot connecting the metro line from Sadar Bazar to PAC Depot. Architectural finishes for the stations, as well as electrical & mechanical works are also in scope.

The project, which will mark a key milestone in enhancing urban mobility in Agra, is to be completed within a stringent timeline of 30 months.

Commenting on the order win, Mr S V Desai, Whole-time Director & Sr Executive VicePresident (Infrastructure), L&T, said: "L&T remains at the forefront of urban infrastructure development and contributing to the modernisation of India's metro networks in line with its strategic goals. This project will leverage L&T's extensive expertise in engineering and high-quality execution'.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 3552.50 as compared to the previous close of Rs. 3553.35. The total number of shares traded during the day was 131401 in over 7081 trades.

The stock hit an intraday high of Rs. 3566.95 and intraday low of 3521.00. The net turnover during the day was Rs. 465779276.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 LandT OrderWin UPMRCL AgroMetro Phase1 Line2