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Larsen & Toubro is currently trading at Rs. 3766.00, up by 59.90 points or 1.62% from its previous closing of Rs. 3706.10 on the BSE.

The scrip opened at Rs. 3710.30 and has touched a high and low of Rs. 3766.00 and Rs. 3699.00 respectively. So far 83463 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. 2122.20 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 3769.80 and Rs. 3522.05 respectively. The current market cap of the company is Rs. 516188.07 crore.

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

Larsen & Toubro’s (L&T) wholly owned subsidiary -- L&T GeoStructure (LTGS) has secured multiple orders from across India. The business has secured an order from the Paradip Port Authority (PPA), to construct a South Breakwater Extension, Groynes and a Breakwater Toe Protection Wall at Paradip Port, Odisha. The major scope of work includes extension of the existing south breakwater by 500 mtr, construction of 10 Groynes on the northside of North Breakwater for a cumulative length of 1650 mtrs, breakwater toe protection works using steel/sheet piles to deepen the draft of the approach channel. 

The business has also secured an order from the Hindustan Shipyard (HSL), to augment the Slipway-4, Visakhapatnam, Andhra Pradesh. The major scope of work includes upgrading the slipway, constructing the crane track and allied services such as gas utilities, firefighting system and supply and erecting a 300 MT Goliath crane.

Further, the business has secured an order from a reputed real-estate developer to construct substructure works in Chennai. The major scope of the work includes construction of a retention system involving anchoring works and deep excavation.

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