L&T soars as its construction arm bags order from Nuclear Power Corporation of India
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Larsen & Toubro is currently trading at Rs. 1861.75, up by 32.30 points or 1.77% from its previous closing of Rs. 1829.45 on the BSE.
The scrip opened at Rs. 1828.00 and has touched a high and low of Rs. 1865.00 and Rs. 1822.15 respectively. So far 60378 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2078.20 on 18-Jan-2022 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. 1865.00 and Rs. 1773.45 respectively. The current market cap of the company is Rs. 261323.41 crore.
The Institutions and Non-Institutions holding in the company stood at 55.93% and 44.07% respectively.
Larsen & Toubro’s (L&T) construction arm -- L&T construction has secured an order from Nuclear Power Corporation of India (NPCIL) for its Heavy Civil Infrastructure (HCI) Business to build natural draught cooling towers and a cooling water pump house for the Rawatbhata atomic power project -7&8.
The scope involves constructing natural draught cooling towers, cooling water pump houses, erection and commissioning of cooling water pumps, and large diameter cement mortar lined and coated steel pipe (CMLC), the main medium to transport hot water from the turbine to the cooling towers. The project is scheduled to be completed in 36 months.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.
