L&T Construction bags contracts under various businesses

L&T Construction, the construction arm of L&T has won a slew of orders in India and abroad for its various businesses.

The Power Transmission & Distribution Business has won an order to construct a 220kV Transmission Line associated with system strengthening in the Ladakh region. The design and execution of this system involves traversing avalanche prone, hilly terrains and ice loading of conductors.

Another turnkey order has been received for urban power distribution in Ayodhya city under the Integrated Power Development Scheme.

In Dubai city, an order to design, supply, construct, install, test, and commission a 132/11kV substation with associated cable works has been received.

Additionally, two transmission line packages have been secured in Africa.

A package involving supply and construction of a new Gas Insulated Substation and associated substation extensions has been won in Thailand. These works will enhance the transmission system security and support the rising demand for electricity in the upper northern parts of the country.

The Buildings & Factories business has secured a prestigious order from a leading cement manufacturer in India to construct a 1.8 MTPA Grinding Unit in Dolvi, Maharashtra. The scope involves Civil, Mechanical and Equipment Installation works.

Shares of LARSEN & TOUBRO LTD. was last trading in BSE at Rs.1619.1 as compared to the previous close of Rs. 1609.05. The total number of shares traded during the day was 192874 in over 7319 trades.

The stock hit an intraday high of Rs. 1622.2 and intraday low of 1596. The net turnover during the day was Rs. 311238498.

Source : Equity Bulls

Keywords