L&T inches up as its B&F business bags order to construct automobile manufacturing plant
Larsen & Toubro is currently trading at Rs. 3825.65, up by 13.10 points or 0.34% from its previous closing of Rs. 3812.55 on the BSE.
The scrip opened at Rs. 3814.95 and has touched a high and low of Rs. 3838.00 and Rs. 3804.15 respectively. So far 12785 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. 2586.75 on 03-Aug-2023.
Last one week high and low of the scrip stood at Rs. 3838.00 and Rs. 3596.50 respectively. The current market cap of the company is Rs. 526396.17 crore.
The Institutions and Non-Institutions held 61.98% and 38.01% stake respectively in the company.
Larsen & Toubro’s (L&T) Buildings & Factories (B&F) business vertical has won an order to construct a state-of-the-art automobile manufacturing plant for a prestigious company.
The plant is to be constructed near Bengaluru by adhering to IGBC norms. The scope entails comprehensive design, execution of civil, structural, architectural and MEPF services.
The Buildings & Factories vertical of L&T has immense expertise and wide-ranging experience to undertake all types of EPC projects for a variety of sectors. Over the years, it has acquired the capability to execute complex industrial projects on a design-and-build basis and has emerged as a total solutions provider in the factory construction segment.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.
