L&T Construction secures order for its Heavy Civil Business

The Heavy Civil Infrastructure business vertical of L&T construction has won a mega order from our prestigious client Mumbai Metropolitan Region Development Authority (MMRDA), for the design and construction of an Underground Road tunnel Project between Orange gate, Eastern Free Way to Marine Drive Coastal Road at Mumbai.

The major scope of work for project comprises of design & construction of twin road tunnels, using Tunnel Boring Machines (TBMs), connecting these tunnels to the existing elevated Eastern Freeway at Orange Gate near its southern terminal through transition ramps and to the Marine drive at Mumbai.

The project alignment will run primarily under the Sardar Vallabhbhai Patel Road and is to be completed within 54 months.

L&T has significantly enhanced its capability of building faster and reliable mass transit systems and this project is in line with our strategic goals.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 3011.85 as compared to the previous close of Rs. 2961.70. The total number of shares traded during the day was 110592 in over 10305 trades.

The stock hit an intraday high of Rs. 3050.70 and intraday low of 2979.40. The net turnover during the day was Rs. 334089601.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 HeavyCivilBusiness OrderWin