L&T in focus on surging orders
DSIJ Intelligence / 03 Mar 2017
L&T Construction has won orders of Rs 2170 crore. The share price of L&T increased 0.2 per cent in early trade, and is trading at Rs 1669 on an intraday basis.
L&T Construction has won orders of Rs 2170 crore. The share price of L&T increased 0.2 per cent in early trade, and is trading at Rs 1669 on an intraday basis.
Out of the total order, the company’s power transmission& distribution business has obtained orders of Rs 1169 crore. Its water& effluent treatment business has won an order of Rs 360 crore.
L&T’s building & factories got Rs 320 crore order from a renowned client to construct commercial and residential towers in Mumbai. The remaining Rs 321 crore order came from the existing clients across various business segments.
L&T Constructions' power transmission & distribution business has secured two more orders from reputed customers for design, supply, construction and commissioning of five 132 kV substations in UAE. The company has received an engineering, procurement and construction order from Rajasthan Urban Drinking Water Sewerage and Infrastructure Corporation (RUDSICO), Government of Rajasthan, under AMRUT, for the execution of a sewerage project with treatment facilities spread across three towns, namely Bharatpur, Gangapur and Hindaun.
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