Friday, 27 November 2015

Larsen & Toubro rally 1.9% after securing order

The company announced that the Power Transmission & Distribution Business of L&T Construction has bagged an orders worth Rs. 1,038 crore in the international and domestic markets in November 2015.


Larsen & Toubro
Shares of Larsen & Toubro was trading higher 1.9% to Rs. 1,360 on BSE. On Thursday, the company announced that the Power Transmission & Distribution Business of L&T Construction has bagged an orders worth Rs. 1,038 crore in the international and domestic markets in November 2015. 

The scrip opened at Rs. 1339.95 and has touched a high and low of Rs. 1362 and Rs. 1336.8 respectively. So far 6,73,156 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 124224.05 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1892.95 on 04-Mar-2015 and a 52 week low of Rs. 1325.55 on 16-Nov-2015. Last one week high and low of the scrip stood at Rs. 1383 and Rs. 1331.1 respectively.

The promoters holding in the company stood at 0 % while Institutions and Non-Institutions held 55.28 % and 42.36 % respectively.

The stock is currently trading above its 200 DMA.

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