Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
26 September, 2017 23:51 IST
L&T gains with arm transferring its stake in L&T South City Projects for Rs 1.88 bn
Source: IRIS | 21 Mar, 2017, 10.33AM
Comments  |  Post Comment

Larsen & Toubro (L&T) witnessed a rise in share price on Tuesday after the company's wholly-owned subsidiary,L&T Realty has transferred 2,88,02,880 equity shares in L&T South City Projects to Pragnya South Opportunity Fund & Pragnya Fund II upon receipt of consideration of Rs 1.88 billion on March 20, 2017.

L&T Realty had earlier executed a share purchase agreement (SPA) for selling its entire stake in L&T South City Projects to Pragnya group.

Shares of Larsen & Toubro are trading at Rs 1,558.05, up Rs 19.8, or 1.29% at the Bombay Stock Exchange (BSE) on Tuesday at 10:22 a.m.

The scrip has touched an intra-day high of Rs 1,565.00 and low of Rs 1,546.00. The total volume of shares traded at the BSE is 23,888.

Total volume of shares traded on the bourses today was lower by 75.58% to 321,326 compared with 22-day average volume of 1,316,058.



Larsen & Toubro Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
ActiveStock
GE Shipping takes delivery of secondhand medium gas carrier - 26-Sep-2017 11:37
Infosys accelerates private cloud adoption with OpenStack solution - 26-Sep-2017 10:09
SBI revises service charges on maintaining monthly average balance - 26-Sep-2017 10:04
Vivimed Labs inks pacts to facilitate investment of USD 42.5 mn - 26-Sep-2017 09:56
Gayatri Projects' JV bags order worth Rs 14.83 bn - 25-Sep-2017 15:15
Lupin receives USFDA approval for generic Clobex lotion - 25-Sep-2017 14:53
Suven Life Sciences secures product patents in India, Japan - 25-Sep-2017 12:10
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer