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L&T Construction Secures Orders Valued over Rs.2503 Crores

Posted On: 2012-11-20 01:22:43

Larsen & Toubro Ltd's Construction Division has won new orders valued over Rs.2503 crores across various business segments. The company has received an order worth Rs.1985 crores (excluding taxes) from GVK Project and Technical Services for 850 MW Ratle Hydroelectric Power Project located on the Chenab in the Kishtwar district of Jammu & Kashmir.

The company has bagged new orders worth Rs.397 crores for construction of a commercial building in Mumbai, including additional orders from various ongoing projects.

The Larsen & Toubro Ltd stock was trading at Rs.1546.15, down by Rs.12.65 or 0.81%. The stock hit an intraday high of Rs.1574 and low of Rs.1543.95.

The total traded quantity was 0.81 lakhs compared to 2 week average of 1.60 lakhs.

Source: Equity Bulls

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