Larsen & Toubro jumps on securing multiple offshore packages for Hydrocarbon Business
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Larsen & Toubro is currently trading at Rs. 2224.25, up by 46.05 points or 2.11% from its previous closing of Rs. 2178.20 on the BSE.
The scrip opened at Rs. 2187.15 and has touched a high and low of Rs. 2224.25 and Rs. 2181.05 respectively. So far 26769 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2297.30 on 20-Jan-2023 and a 52 week low of Rs. 1456.80 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 2228.30 and Rs. 2132.30 respectively. The current market cap of the company is Rs. 312551.13 crore.
The Institutions and Non-Institutions held 63.28% and 36.69% stake in the company respectively.
Larsen & Toubro (L&T) has secured multiple offshore packages for its Hydrocarbon Business from a prestigious overseas client. The scope of work comprises engineering, procurement, construction & installation of offshore structures and upgradation of existing facilities.
LTEH is executing several domestic and international offshore projects and is committed to building its regional presence in geographies that it operates in, by nurturing local skills and talent, improving procurement from local vendors and engaging commercially with local contractors on the foundation of a sustainable workload.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.
