LARSEN & TOUBRO LTD.
NSE : LTBSE : 500510ISIN
CODE : INE018A01030Industry : Engineering - ConstructionHouse
: L&T
BSE3597.603.45 (+0.1 % )
PREV CLOSE (Rs.) 3594.15
OPEN PRICE (Rs.) 3593.65
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 55593
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE3599.50 5.2 (+0.14 % )
PREV CLOSE(Rs.) 3594.30
OPEN PRICE (Rs.) 3590.05
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 3599.50 (1388 )
VOLUME 3748847
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 24-Apr-2024 | Larsen & Toubro manufactures hydrotreating reactor for refinery in Mexico | <p style="text-align: justify;">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.</p><p style="text-align: justify;">L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.</p><div style="text-align: justify;"><br></div> |
| 24-Apr-2024 | Larsen & Toubro rises on manufacturing hydrotreating reactor for refinery in Mexico | <p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">The Institutions and Non-Institutions held 62.67% and 37.33% stake in the company respectively.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.</p> |
| 12-Apr-2024 | Update On Sale Of Stake In L&T Infrastructure Development Projects Limited | Update on sale of stake in L&T infrastructure Development Projects Limited |
| 11-Apr-2024 | L&T sells entire equity stake in L&T Infrastructure Development Projects | <p style="text-align: justify;">Larsen & Toubro (L&T) has completed the sale of its entire equity stake in L&T Infrastructure Development Projects (L&T IDPL), a joint venture between L&T and Canada Pension Plan Investment Board (CPP Investments) holding 51% and 49% shares, respectively. Both L&T (51%) and CPP Investments (49%) stakes have been acquired by M/s Epic Concesiones. </p><p style="text-align: justify;">This deal is in line with L&T's strategy to exit non-core businesses for reducing its exposure to the asset heavy developmental projects portfolio thereby enhancing its Return on Equity. Consequently, L&T IDPL and its subsidiaries have ceased to be subsidiaries of the Company. </p><p style="text-align: justify;">L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.</p> |
| 11-Apr-2024 | Larsen & Toubro informs about press release | <p style="text-align: justify;">Larsen & Toubro has sent a copy of Press Release that is being issued by the Company today, titled ‘Larsen & Toubro concludes Divestment of its entire stake (51%) in L&T Infrastructure Development Projects Limited(L&TIDPL)'.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div style="text-align: justify;"><br></div> |
| 11-Apr-2024 | Larsen & Toubro informs about update on sale of equity stake | <p style="text-align: justify;">Further to its intimation dated December 17, 2022, Larsen & Toubro has informed that the Company has completed the sale of its entire equity stake in L&T Infrastructure Development Projects (‘L&T IDPL') to Epic Concesiones, on 10th April 2024, consequent to completion of customary conditions precedent agreed under the Share Purchase Agreement dated December 16, 2022 and as amended thereafter. Consequently, L&T IDPL and its subsidiaries (details given in Annexure A) have ceased to be subsidiaries of the Company.</p><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 28-Mar-2024 | L&T's arm secures multiple orders from across India | <p style="text-align: justify;">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. </p><p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.</p><div style="text-align: justify;"><br></div> |
| 28-Mar-2024 | L&T rises as its arm secures multiple orders from across India | <p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">The Institutions and Non-Institutions held 63.06% and 36.94% stake in the company respectively.</p><p style="text-align: justify;">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. </p><p style="text-align: justify;">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.</p><p style="text-align: justify;">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.</p><p style="text-align: justify;">L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.</p> |
| 28-Mar-2024 | Larsen & Toubro informs about press release | <p style="text-align: justify;">Larsen & Toubro has sent a copy of Press Release that is being issued by the Company today titled ‘L&T GeoStructure Wins (Significant*) multiple orders'.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 27-Mar-2024 | L&T's construction arm secures multiple orders for Buildings & Factories business | <p style="text-align: justify;">Larsen & Toubro's (L&T) construction arm -- L&T construction has secured multiple orders in the domestic and international markets for its Buildings & Factories (B&F) Business. The Business has secured a contract to construct the Al Namaa General Hospital from the Ministry of Health, Sultanate of Oman. The scope of works includes construction of a 165-bed hospital building (G+4) including basement and ancillary buildings like substations, STP, etc. The project is to be executed in 30 months involving civil structures, finishes, MEP services, medical equipment, and external development, including landscaping. </p><p style="text-align: justify;">In the domestic market, the Business secured an order for ‘Construction of Maa Kamakhya Temple Access Corridor, Assam' on a Design & Build Turnkey Basis from the Assam PWD. The scope of work includes a Multi Utility Building, Pilgrim Management Block, Chinnamasta Block, Siddheshwar Block and Access Corridor for the temple. The other scope of work involves finishes & allied MEP services along with external development within the site premises. </p><p style="text-align: justify;">Further, the Business received an order from a subsidiary of a leading Paint Manufacturing Company to construct a polymer manufacturing plant in Gujarat. The scope involves Civil, Structural & Architectural works including External Development Works. Lastly, the Business got an order for a Solar Glass Manufacturing Plant in Gujarat. The scope involves Civil, Structural & Architectural works. </p><p style="text-align: justify;">L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.</p> |
