Larsen & Toubro (L&T) shares gained on Wednesday after it has received two EPS (engineering, procurement and construction) orders valued at around USD 480 million.

One order of approx. USD 280 million has been received from Marubeni Corporation, Japan for setting up a 360 MW Bheramara Combined Cycle Power plant development project of North West Power Generation Company (NWPGCL) in Bangladesh.

Another order of approx. USD 200 million has been received from Bangladesh Power Development Board for setting up a 225 MW Sikalbaha Combined Sycle Power Plant near  the port city of Chittagong in Bangladesh.

Shares of the company are trading at Rs 1,591, up Rs 25.65, or 1.64% at the Bombay Stock Exchange (BSE) on Wednesday at 10:00 a.m. The scrip has touched an intra-day high of Rs 1,603 and low of Rs 1,570. The total volume of shares traded at the BSE is 64,896. In the earlier session, the shares rose 1.37%, or Rs 21.15, at Rs 1,565.35.

Currently, the stock is trading down 1.95% from its 52-week high of Rs 1,622.70 and above 134.63% over the 52-week low of Rs 678.10.