BSE | NSE
BSE | NSE
Larsen & Toubro is currently trading at Rs. 1375.40, up by 31.40 points or 2.34% from its previous closing of Rs. 1344.00 on the
Larsen & Toubro is currently trading at Rs. 1298.70, up by 10.40 points or 0.81 % from its previous closing of Rs. 1288.30 on the
Larsen & Toubro is currently trading at Rs. 1375.40, up by 31.40 points or 2.34% from its previous closing of Rs. 1344.00 on the BSE.
The scrip opened at Rs. 1352.00 and has touched a high and low of Rs. 1377.75 and Rs. 1349.00 respectively. So far 338841 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1352.00 on 22-Apr-2014 and a 52 week low of Rs. 678.10 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 1352.00 and Rs. 1242.45 respectively. The current market cap of the company is Rs. 127425.99 crore.
The Institutions and Non-Institutions held 55.07% and 42.25% respectively.
Larsen & Toubro’s (L&T) general insurance subsidiary - L&T General Insurance (LTGI), has decided mutually to call off the discussions around the proposed JV with Future Generali Insurance (FGI). LTGI will now continue its focus on expanding its business footprint in the areas of both general and health insurance.
Last year in March, LTGI was in talks with Future Generali Insurance (FGI) for the formation of a joint venture (JV) that would combine and continue the business of general insurance in India. L&TGI and FGI had entered into a non-binding agreement to jointly examine the terms of a potential transaction.
L&T General Insurance Company commenced business operations in 2010-11. The company operates out of 17 branches spread over India and earned gross written premium of Rs 253 crore during the financial year ending March 31, 2014 indicating a growth of 39% over the previous financial year as against an industry growth of 12% for the same period. The said premium includes around Rs 207 crore from property and casualty insurance and Rs 46 crore from health insurance.
Larsen & Toubro is currently trading at Rs. 1298.70, up by 10.40 points or 0.81 % from its previous closing of Rs. 1288.30 on the BSE.
The scrip opened at Rs. 1290.00 and has touched a high and low of Rs. 1301.00 and Rs. 1288.00 respectively. So far 44202 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1295.00 on 27-Mar-2014 and a 52 week low of Rs. 678.10 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 1295.00 and Rs. 1212.35 respectively. The current market cap of the company is Rs. 119414.16 crore.
The promoters holding in the company stood at NA % while Institutions and Non-Institutions held 54.46 % and 42.69 % respectively.
Larsen & Toubro’s (L&T) subsidiary -- L&T Construction – has won new orders worth Rs 1009 crore across various business segments in March 2014. The Buildings & Factories Business has received new design & build orders worth Rs 573 crore. The orders are from a leading real estate company for the construction of mixed use development in Lucknow and the construction of a community center in Bangalore. The scope involves civil, finishes, mechanical, electrical, plumbing, finishes and other associated works. Additional orders have also been received from an ongoing job in Hyderabad for the work of transit oriented development.
The Transportation Infrastructure Business has won a new order worth Rs 316 crore from a road developer for design, engineering and construction of an elevated road between Jinzira Bazaar and Batanagar on the Budge Budge trunk road in Kolkata. The flyover will take off at Jinzira Bazaar, about 3km west of the Taratala crossing, and terminate at Batanagar. The two-lane flyover will run above the Budge Budge Trunk Road.
Further, the Power Transmission & Distribution Business has bagged an order worth Rs 120 crore from Odisha Power Transmission Corporation for engineering, supply, erection and commissioning of 33/11 kV Sub-Stations and associated lines for the Odisha Distribution System Strengthening Project.
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