L&T wins Hyderabad Greenfield Radial Road order for its Transportation Infrastructure Business

The Transportation Infrastructure business vertical of L&T has won a significant order for Hyderabad Greenfield Radial Road.

This order pertains to Phase-2 of the Greenfield Radial Road, wherein a 22.3 km 3+3 lane access-controlled radial road is being constructed in the Ranga Reddy district.

L&T's scope involves construction of a 3.6 km long viaduct, minor bridges, underpasses and culverts. Construction of service roads on both sides, extensive retention structures, storm water drainage system, footpaths, cycle track and landscaping works is also in L&T's scope.

This is the first of several planned radial roads linking Hyderabad's outer ring road to the upcoming regional ring road. It will improve regional connectivity and support growth, providing better access to IT hubs, Electronic City, the Young India Skills University and the Bharat Future City.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 4045.10 as compared to the previous close of Rs. 4052.80. The total number of shares traded during the day was 17106 in over 1870 trades.

The stock hit an intraday high of Rs. 4057.75 and intraday low of 4028.95. The net turnover during the day was Rs. 69111454.00.

Source : Equity Bulls

Keywords

LarsenandToubro INE018A01030 LandT OrderWin TransportationInfrastructure