Stock Report

L&T Construction Wins Orders for its Power Transmission & Distribution Business



Posted On : 2023-12-28 10:15:18( TIMEZONE : IST )

L&T Construction Wins Orders for its Power Transmission & Distribution Business

The Power Transmission & Distribution business of L&T Construction has secured key orders in the Middle East region.

In the United Arab Emirates, the business has received an order for Engineering, Supply, Construction, Installation, Testing and Commissioning a 400/132kV Substation. The scope also includes associated Transformer, Reactor and Substation Control & Monitoring Systems (SCMS).

In Kuwait, the business has won an order to establish 400kV Overhead Transmission Lines along with associated 400kV Underground Cable interconnections. This transmission segment of more than 100KM route length will help to evacuate and generate power.

Additional orders have been won in ongoing substation orders in the region.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 3543.60 as compared to the previous close of Rs. 3489.20. The total number of shares traded during the day was 46210 in over 3676 trades.

The stock hit an intraday high of Rs. 3550.00 and intraday low of 3492.30. The net turnover during the day was Rs. 163051392.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 Power Transmission Distribution LandTConstruction OrderWin MiddleEast