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Feb 28, 2013, 07.53 AM IST | Source: PTI

L&T gets Rs 1,504 cr orders in February

Engineering and construction firm Larsen and Toubro (L&T) today said it has secured orders worth Rs 1,504 crore order during the ongoing month from India and abroad.

Engineering and construction firm Larsen and Toubro (L&T) today said it has secured orders worth Rs 1,504 crore order during the ongoing month from India and abroad.

The company's water and effluent treatment business unit has bagged orders worth Rs 621 crore for two projects in West Bengal and one in Qatar, it said in a BSE filing.

The solar business unit of L&T Construction, which is a brand name for L&T, has received an engineering, procurement and construction (EPC) order worth Rs 413 crore from Kiran Energy for the construction of solar photo-voltaic plants in Tamil Nadu.

The power transmission and distribution business got a Rs 265 crore-order from Tamil Nadu Generation and Distribution Corporation for power distribution work across various districts in Tamil Nadu.

"In the heavy civil business, various additional orders worth Rs 205 crore have been secured from ongoing projects," it said.

The scrip of the company was trading at Rs 1,406.20 apiece, up 2.85 per cent during the afternoon trade in the BSE.

Also read: New banking license norms would be a game changer: Angel

Larsen stock price

On September 17, 2014, Larsen and Toubro closed at Rs 1520.65, up Rs 3.75, or 0.25 percent. The 52-week high of the share was Rs 1774.70 and the 52-week low was Rs 777.10.


The company's trailing 12-month (TTM) EPS was at Rs 62.86 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 24.19. The latest book value of the company is Rs 362.65 per share. At current value, the price-to-book value of the company is 4.19.

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