L&T moves up as its B&F vertical secures orders in India
Larsen & Toubro is currently trading at Rs. 3695.00, up by 24.85 points or 0.68% from its previous closing of Rs. 3670.15 on the BSE.
The scrip opened at Rs. 3685.00 and has touched a high and low of Rs. 3702.40 and Rs. 3667.30 respectively. So far 49181 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3963.00 on 10-Dec-2024 and a 52 week low of Rs. 2967.65 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 3794.70 and Rs. 3614.80 respectively. The current market cap of the company is Rs. 507366.95 crore.
The Institutions and Non-Institutions held 63.05% and 36.95% stake respectively in the company.
Larsen & Toubro’s Buildings & Factories (B&F) vertical has secured major orders in India. The Business has secured an order from a reputed MNC for one of the largest proposed IT Parks with a development of 5.9 million sq. feet on a Lumpsum Turnkey basis at Bengaluru and to be delivered in two phases.
The key features include A grade office space development in warm shell basis with USGBC New Building – Platinum rating towards LEED Certification for sustainability. The warm shell construction includes developing six towers (Towers 1,2,3,4,5 & 6 with 14 Storeys (Common Basement of 3 Floors + Ground + 10 Floors + Terrace). The major scope of works involves civil structure works, unitized façade glazing, architectural lighting, finishes, electromechanical services (high & low sides for FPS, electrical, HVAC, PHE, elevators & escalators, ELV systems), a GIS substation, Solar PV system, LPG gas bank, WTP, STP, UG tanks, stack parking, along with an extensive scope of hardscaping, landscaping and irrigation in external development areas.
The order reinforces L&T’s track record and proven expertise in delivering complex and large-scale office space projects with stringent timelines. The business has also secured an order from a reputed developer to construct a mixed-use development project in Mumbai. The project is to be executed within a timeline of 45 months.
Larsen & Toubro (L&T) is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.
