The construction arm of Larsen & Toubro (L&T) has won orders worth Rs 24.16 billion across various business segments in the month of June 2016.
The building and factories business has won orders worth Rs 11.65 billion. A prestigious high rise residential project has been secured from a leading developer in Mumbai. The scope of work involves civil and structural works for the construction of two residential towers, each having 3 basements, 7 podiums, 66 floors and other ancillary buildings.
Another order has been bagged for the construction of a mixed use development (MUD) from a renowned customer in Kolkata. The scope involves civil and structural works for the construction of two towers of G+15 and G+7 floors respectively with 2 levels of common basement. The business also secured add-on orders from various ongoing jobs.
The power transmission & distribution business has bagged orders worth Rs 11.20 billion in the domestic and international markets.
The smart world & communication business has won orders worth Rs 1.31 billion which includes a new order from RajCOMP Info Services, a government of Rajasthan undertaking, for establishing and commissioning command & control centres at Bikaner, Bharatpur and Jodhpur cities under the Surveillance and Incident Response Project.
Shares of the company gained Rs 15, or 1.05%, to trade at Rs 1,448.60. The total volume of shares traded was 32,657 at the BSE (9.37 a.m., Monday).