L&T Construction wins orders valued at Rs 1926 crores
DSIJ Intelligence / 22 Nov 2016
L&T Construction announced on Tuesday that it has won orders worth Rs 1926 across its various business segments.
L&T Construction announced on Tuesday that it has won orders worth Rs 1926 across its various business segments.
Its power transmission and distribution business has won orders worth Rs 571 crores. The business continued its winning streak by garnering electrification work orders under the Integrated Power Development Scheme (IPDS) and Deen Dayal Upadhyay Gram Jyoti Yojana (DDUGJY) schemes of the Government of India.
Water and effluent treatment business has bagged orders worth Rs 397 crores.
Building and Factories business gained orders worth Rs 514 crore.
Metallurgical and Material Handling business has bagged orders worth Rs 298 crores.
Heavy civil infrastructure business has bagged orders worth Rs 146 crores.
L&T is an Indian multinational company with USD 16 billion in revenues engaged in technology, engineering, construction, manufacturing and financial services. L&T construction is a brand owned by L&T.
The stock is trading at Rs 1345 per share down by almost 0.20 per cent on an intraday basis.
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