L&T moves up on bagging orders for Building & Factories vertical
Larsen & Toubro is currently trading at Rs. 3238.20, up by 24.90 points or 0.77% from its previous closing of Rs. 3213.30 on the BSE.
The scrip opened at Rs. 3212.60 and has touched a high and low of Rs. 3245.00 and Rs. 3190.00 respectively. So far 74329 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. 3141.30 on 28-Feb-2025.
Last one week high and low of the scrip stood at Rs. 3258.40 and Rs. 3141.30 respectively. The current market cap of the company is Rs. 444470.32 crore.
The Institutions and Non-Institutions held 62.66% and 37.35% stake in the company respectively.
Larsen & Toubro (L&T) has secured significant orders for its Building & Factories (B&F) vertical from a reputed developer to construct Residential Towers in Mumbai, Bangalore, and Chennai. All the projects are to be executed within stringent timelines.
In Mumbai, the project comprises 2 Ultra Luxury Highrise Towers reaching heights of up to 273 meters with configurations of 3B+G+7P+51/57 floors. In Bangalore, the project comprises 14 luxury towers on design & build basis with configurations of 3B+G+27/28 floors; and in Chennai, the project comprises 25 luxury towers on design & build basis with a configuration of 2B+G+14 floors. In addition to new projects the business has also secured several add-on orders for its ongoing projects.
Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial servic
