L&T Bags Two Orders Worth Rs 415 Crore
Submitted by Gurpreet Singh on Thu, 12/02/2010 - 11:21
Engineering and construction giant Larsen & Toubro (L&T) announced that it bagged two orders worth Rs 415 crore.
As per reports, the first order worth Rs 253 crore has been bagged from Hindalco for executing steel works for the 6x150 MW captive power facility in the state of Orissa.
The second deal, which is valued at Rs 162 crore has been pocketed from Sepco-1 for the 2x660 MW Talwandi Sabo Power facility in the state of Punjab.
In addition, Sepco-1 had given Rs 225 crore to Larsen in the first quarter of the the existing financial year for fulfilling civil works for the project.
Today, the stock of the company closed the day at Rs 2011 after shedding 0.9% on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 2212 and a low of Rs 1395.50 on BSE.
Current EPS & P/E ratio stood at 56.10 and 35.85 respectively.
