L&T wins significant orders for Building & Factories Business

The Building & Factories (B&F) vertical of Larsen & Toubro has secured significant orders from a reputed developer to construct Residential Towers in Mumbai, Bangalore, and Chennai. All the projects are to be executed within stringent timelines.

Following are the developments:

Mumbai: The project comprises 2 Ultra Luxury Highrise Towers reaching heights of up to 273 meters with configurations of 3B+G+7P+51/57 floors.

Bangalore: The project comprises 14 luxury towers on design & build basis with configurations of 3B+G+27/28 floors.

Chennai: The project comprises 25 luxury towers on design & build basis with a configuration of 2B+G+14 floors."

In addition to new projects the business has also secured several add-on orders for its ongoing projects.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 3239.15 as compared to the previous close of Rs. 3213.30. The total number of shares traded during the day was 100900 in over 8419 trades.

The stock hit an intraday high of Rs. 3245.00 and intraday low of 3190.00. The net turnover during the day was Rs. 325555524.00.

Source : Equity Bulls

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