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 April, 2024 11:23 IST
Larsen & Tubro bags orders worth Rs 24.16 bn
Source: IRIS | 27 Jun, 2016, 09.56AM
Rating: NAN / 5 stars.
Comments  |  Post Comment

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).

 Post Comment
Name Email
Comment
Security Code type    into this box
Company Update
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