Larsen & Toubro (L&T) has won orders worth Rs 13.91 billion across various business segments.
L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of engineering and construction major Larsen & Toubro, has won new orders in excess of Rs 7.50 billion in its Construction Services business vertical. The business has secured an order, with a value of approximately Rs 4.50 billion, for pipelines & associated works in the southeastern region of India and received an award for additional works, worth approximately Rs 3 billion, from an existing contract.
The water & effluent treatment business has secured orders worth Rs 4.32 billion.
The smart world & communication business has secured an order worth Rs 2.09 billion.
Shares of the company declined Rs 9.65, or 0.71%, to trade at Rs 1,354.10. The total volume of shares traded was 10,079 at the BSE (9.49 a.m., Thursday).