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Larsen & Toubro is currently trading at Rs. 3471.75, up by 81.95 points or 2.42% from its previous closing of Rs. 3389.80 on the BSE.

The scrip opened at Rs. 3404.10 and has touched a high and low of Rs. 3477.65 and Rs. 3395.05 respectively. So far 107342 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3738.90 on 30-Jan-2024 and a 52 week low of Rs. 2083.05 on 27-Feb-2023.

Last one week high and low of the scrip stood at Rs. 3477.65 and Rs. 3277.05 respectively. The current market cap of the company is Rs. 477518.85 crore.

The Institutions and Non-Institutions held 63.06% and 36.94% stake in the company respectively.

Larsen & Toubro’s (L&T) construction arm -- L&T construction has secured an order for its Railways Strategic Business Group to construct the Jakarta Mass Rapid Transit (MRT) Project (Phase 2A) (Contract Package CP205) for MRT Jakarta through L&T’s long-term Japanese partner, Sojitz Corporation. This Contract marks the first EPC Railway Systems Order for L&T in the ASEAN region.

The Jakarta MRT Phase 2A is an extension of the existing Jakarta MRT Line for the section between Bundaran HI up to and including Kota with a total length of around 12.5 km and 7 underground stations. This package involves procurement and delivery of multiple systems across various domains on a design and build basis including overall system integration. The project scope includes Track works, Overhead Contact System, Substation System, Power Distribution System, Signaling System & Telecommunication Systems, SCADA Facility, Platform Screen Doors, and modification of the equipment installed in the existing OCC and the stations/train sets (Phase-1).

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.