L&T Wins Orders for GeoStructure Business

L&T GeoStructure, a wholly-owned subsidiary of Larsen & Toubro, has recently secured multiple orders in India.

These include its largest-ever piling order, secured from JSW Utkal Steel Ltd - a subsidiary of JSW Steel - at the 10 MTPA Integrated Steel Plant at Paradeep, Odisha. The project spans nine major packages and involves critical structures such as the Blast Furnace, Hot Strip Mill and Steel Melting Shop, involving piling works of approximately 30 lakh running metres to be executed within a stringent timeline.

This apart, the business has secured two separate orders from the Inland Waterways Authority of India (IWAI) for the engineering, procurement and construction of Ship Repair Facilities (SRF) at Patna and Varanasi.

The state-of-the-art SRFs, planned in Bihar and Uttar Pradesh respectively, will feature advanced Ship Lift and Transfer Systems, including an 800-tonne boat hoist, to support the repair and maintenance of inland vessels. The projects will significantly strengthen the inland water transport ecosystem along National Waterway-1 (River Ganga).

The business has also secured an order for the construction of India's first yacht marina at Mumbai Harbour. Awarded by the Mumbai Port Authority, the project will comprise an approach trestle, piled breakwater, service platforms, concrete pontoons and gangways to enable safe and efficient yacht operations. It is poised to position Mumbai as a global maritime tourism hub while advancing India's broader blue economy ambitions.

Shares of Larsen & Toubro Limited was last trading in BSE at Rs. 4033.30 as compared to the previous close of Rs. 3926.85. The total number of shares traded during the day was 173046 in over 15449 trades.

The stock hit an intraday high of Rs. 4037.50 and intraday low of 3960.35. The net turnover during the day was Rs. 695136753.00.

Source : Equity Bulls

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