Jan 31, 2013, 05.49 PM IST | Source: PTI

L&T gets orders worth Rs 1,401 crore

Engineering major Larsen & Toubro today said it has secured orders worth Rs 1,401 crore in the current month from both India and abroad.

Engineering major Larsen & Toubro today said it has secured orders worth Rs 1,401 crore in the current month from both India and abroad.

The Power Transmission and Distribution business of the company bagged orders worth Rs 605 crore in January, including one from a client in the Middle East, the company said in a release.

The Transportation Infrastructure business bagged Rs 320 crore order for various civil works for the Sindhudurg airport project in Maharashtra.

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The work includes construction of runway, taxiway, passenger terminal building and air traffic control tower among others.

Defence segment got Rs 476 crore order for designing and constructing infrastructure at an airbase in Uttar Pradesh. "The scope of the works include construction of ramp, aircraft maintenance unit, engine storage warehouse...and other works like roads, utilities and parking at Ghaziabad," the release said.

L&T's shares were trading at Rs 1,549 apiece during the afternoon trade in the BSE, down 0.96 per cent over the previous close.

Larsen stock price

On April 17, 2014, Larsen and Toubro closed at Rs 1271.45, up Rs 10.95, or 0.87 percent. The 52-week high of the share was Rs 1325.80 and the 52-week low was Rs 678.10.


The company's trailing 12-month (TTM) EPS was at Rs 51.37 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 24.75. The latest book value of the company is Rs 272.53 per share. At current value, the price-to-book value of the company is 4.67.

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