Larsen & Toubro (L&T) has announced that it has secured multiple significant orders for its Construction Equipment and Industrial Products Design & Development (CE & IPDD) vertical across various business segments it serves. L&T categorises orders ranging between Rs 1,000 crore and Rs 2,500 crore as ‘significant’.
The company said its Construction Equipment (CE) business unit has received long-term after-sales support orders from major coal and cement producers in India for the supply of Komatsu mining equipment. These orders, it added, reflect the safe design and reliability of Komatsu machinery and the trust customers place in L&T’s after-sales service capabilities.
Meanwhile, the Rubber Processing Machinery (RPM) business unit of CE & IPDD has won multiple orders from leading tyre manufacturers in India. The scope of these contracts includes the design and manufacture of tyre curing presses and tyre building machines for segments ranging from two-wheelers and passenger cars to trucks and buses.
L&T Valves has also secured multiple orders for polyvinyl chloride (PVC) and chlorinated polyvinyl chloride (CPVC) projects from major domestic companies, along with contracts from leading EPC companies in Saudi Arabia.
Shares of Larsen & Toubro were trading at Rs 3,678.20 on Friday, down 0.21 percent within a day’s range of Rs 3,674-3,705. The stock has eased 0.17 percent over the past year and has traded between Rs 2,965.30 and Rs 3,963.50 during the period.
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