L&T inches up after its business vertical secures LNTP from NTPC
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Larsen & Toubro is currently trading at Rs. 3627.80, up by 0.45 points or 0.01% from its previous closing of Rs. 3627.35 on the BSE.
The scrip opened at Rs. 3630.00 and has touched a high and low of Rs. 3649.55 and Rs. 3602.00 respectively. So far 13719 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3948.60 on 03-Jun-2024 and a 52 week low of Rs. 3031.25 on 13-Nov-2023.
Last one week high and low of the scrip stood at Rs. 3670.05 and Rs. 3556.35 respectively. The current market cap of the company is Rs. 499997.50 crore.
The Institutions and Non-Institutions held 62.39% and 37.61% stake in the company respectively.
Larsen & Toubro’s (L&T) business vertical -- L&T Energy CarbonLite Solutions has secured ‘Limited Notice to Proceed’ (LNTP) from NTPC for setting up thermal power plants in Madhya Pradesh and Bihar. The orders pertain to main plant packages of 2x800 MW Stage-II thermal power plant at Gadarwara in Madhya Pradesh and 3x800 MW Stage-II thermal power plant at Nabinagar in Bihar.
The scope of work involves design, engineering, manufacturing, supply, erection and commissioning of boilers, turbines, electrostatic precipitators (ESP), auxiliaries, along with the related mechanical, electrical, instrumentation and civil works.
Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.
