Larsen & Toubro rises on manufacturing hydrotreating reactor for refinery in Mexico
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Larsen & Toubro is currently trading at Rs. 3648.50, up by 38.55 points or 1.07% from its previous closing of Rs. 3609.95 on the BSE.
The scrip opened at Rs. 3612.10 and has touched a high and low of Rs. 3655.00 and Rs. 3602.25 respectively. So far 39774 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3859.65 on 02-Apr-2024 and a 52 week low of Rs. 2168.65 on 19-May-2023.
Last one week high and low of the scrip stood at Rs. 3655.00 and Rs. 3474.00 respectively. The current market cap of the company is Rs. 501286.66 crore.
The Institutions and Non-Institutions held 62.67% and 37.33% stake in the company respectively.
Larsen & Toubro (L&T) has manufactured a hydrotreating reactor for the Antonio Dovali Jaime Refinery at Salina Cruz, in Mexico. The reactor has been dispatched for Mexico from the company's A M Naik Heavy Engineering Complex at Hazira in Gujarat. The reactor uses hydrotreating process, which is a catalytic conversion in petroleum refining, among others, for removing impurities such as nitrogen and sulphur compounds from hydrocarbon streams.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.
