Money Maker Research & Investment Advisor: L&T Construction bags orders worth Rs 1,310 crore:

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Monday, 15 January 2018

L&T Construction bags orders worth Rs 1,310 crore:

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Larsen & Toubro Limited (L&T), one of the largest and most reputed engineering companies in India, on Monday said, its construction arm L&T Construction has obtained orders worth Rs 1,310 cr, across various business segments.

The total order consist of Rs. 631 crore for the Water & Effluent Treatment biz, order for Power Transmission & Distribution biz  worth Rs 339 crore and for Buildings & Factories biz  worth Rs 340 crore, totaling 1310 crore.

The company has also bagged an order from BESCOM (Bangalore Electricity Supply Company) to convert the overhead conductor sys to an underground cabling sys to achieve reliable and un-interrupted power supply with enhanced voltage profile, in a sub-division of Bengaluru Metropolitan Area Zone.

Shares of Larsen & Toubro Limited were trading up by 0.03% at 1,329.60 on NSE post lunch hours, today.

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