Larsen & Toubro (L&T), an engineering and construction conglomerate, won orders worth Rs 10.99 billion across various business segments in May 2015 by its construction business unit.
The power transmission & distribution business has bagged orders worth Rs 5.17 billion in both the international and domestic markets including add ons.
Buildings & factories business has secured an order worth Rs 3 billion. It is for the design and construction of an integrated foods manufacturing factory in Punjab, from a prestigious client. The scope of work includes civil and structural works, pre-engineered buildings, mechanical, electrical, and plumbing works of 8 Lakh Sq. ft. The project is scheduled to be completed in 16 months.
The water smart world & communication business has secured orders worth Rs 2.82 billion including add ons. One of the orders has been received from a reputed developer for turnkey construction of water and waste water infrastructure facilities at an upcoming township at Durgapur, West Bengal. The infrastructure facilities include water supply and waste-water networks, waste-water treatment plant, storm-water systems and associated utility works.
Shares of the company gained Rs 11.15, or 0.67%, to trade at Rs 1,666.50. The total volume of shares traded was 93,039 at the BSE (11.00 a.m., Monday).