Larsen & Toubro bags new orders worth Rs 1,247 crore

The construction arm of L&T has won orders worth Rs 1,247 crore in the buildings and factories and power transmission and distribution businesses, the engineering and construction major said in a BSE filing.
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Jan 12, 2016, 03.29 PM | Source: PTI

Larsen & Toubro bags new orders worth Rs 1,247 crore

"The construction arm of L&T has won orders worth Rs 1,247 crore in the buildings and factories and power transmission and distribution businesses," the engineering and construction major said in a BSE filing.

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Larsen & Toubro bags new orders worth Rs 1,247 crore

"The construction arm of L&T has won orders worth Rs 1,247 crore in the buildings and factories and power transmission and distribution businesses," the engineering and construction major said in a BSE filing.

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Larsen & Toubro bags new orders worth Rs 1,247 crore
Larsen & Toubro (L&T) today said its construction arm has won orders worth Rs 1,247 crore across business verticals.

"The construction arm of L&T has won orders worth Rs 1,247 crore in the buildings and factories and power transmission and distribution businesses," the engineering and construction major said in a BSE filing.

L&T added that while its buildings and factories vertical has won Rs 989 crore for construction of IT park in Bengaluru, its power transmission and distribution businesses bagged an international order worth Rs 258 crore from Oman Electricity Transmission company for construction of new 132 kV grid stations.

Shares of the company were trading at Rs 1,194.75 apiece, up 1.7 percent from the previous close on the BSE.

Larsen stock price

On June 24, 2016, Larsen and Toubro closed at Rs 1433.60, down Rs 63.75, or 4.26 percent. The 52-week high of the share was Rs 1886.25 and the 52-week low was Rs 1016.60.


The company's trailing 12-month (TTM) EPS was at Rs 56.99 per share as per the quarter ended March 2016. The stock's price-to-earnings (P/E) ratio was 25.16. The latest book value of the company is Rs 397.74 per share. At current value, the price-to-book value of the company is 3.60.

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