Do you own shares of this EPC company, which won orders for its water treatment and power transmission businesses?
The stock has a 52-week high of Rs 2,210.50 and a 52-week low is Rs 1,456.80.
Larsen & Toubro Ltd (L&T Ltd) wins orders for its power transmission & distribution business and water & effluent treatment business.
The power transmission & distribution order is worth between Rs 1,000 to 2,500 crore. The project includes an EPC order to establish a 90MW floating solar PV Plant at the Omkareshwar dam reservoir in Madhya Pradesh. In the overseas market, the business has received an order for establishing 400kV & 225kV transmission lines in North Africa.
The water & effluent treatment significant order is worth between Rs 1,000 to 2,500 crore. The project covers infrastructure work at Tumakuru Industrial Township Limited (TITL), Karnataka, on an EPC basis. It also includes design, construction, testing, commissioning, operation and maintenance.
Larsen & Toubro Ltd is a multinational conglomerate that is primarily engaged in providing engineering, procurement and construction (EPC) solutions in key sectors such as infrastructure, hydrocarbon, power, process industries & defense, information technology and financial services in domestic and international markets. In quarterly and annual financial statements, the corporation presented positive figures.
Today, shares of L&T Ltd rose 0.58 per cent from its previous closing of Rs 2,123.75 apiece to the day’s high of Rs 2,136 apiece. The stock has a 52-week high of Rs 2,210.50 and a 52-week low is Rs 1,456.80. Investors should keep an eye on this Large-Cap stock.