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Apr 24, 2012, 11.09 AM IST | Source: Moneycontrol.com

L&T bags construction contract worth Rs 500 cr

Larsen and Toubro (L&T) has bagged construction contract worth Rs 500 crore from M3M India, reports CNBC-TV18.

Larsen and Toubro (L&T) has bagged construction contract worth Rs 500 crore from M3M India, reports CNBC-TV18.

At 11:06 hrs the share was quoting at Rs 1,238.90, down Rs 15.90, or 1.27%. It touched an intraday high of Rs 1,259 and an intraday low of Rs 1,225.65. 

It was trading with volumes of 130,524 shares. In the previous trading session, the share closed down 2.88% or Rs 37.25 at Rs 1,254.80.

The company's trailing 12-month (TTM) EPS was at Rs 65.12 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 19.02. The latest book value of the company is Rs 350.37 per share. At current value, the price-to-book value of the company was 3.54. The dividend yield of the company was 1.17%.

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