L&T receives Orders worth Rs. 6,024 Crore

Larsen and Toubro (L&T), the Infrastructure major has grabbed orders worth Rs. 6,024 crore across different business segments. The construction arm of L&T has won orders amounting to Rs. 6,024 crore across various business segments, L&T mentioned in a BSE filing today. The company further added that its power transmission and distribution business has been given orders worth Rs. 1,721 crore whereas the water and effluent treatment business vertical has secured orders amounting to Rs. 1,497 crore. The building and factories business also grabbed orders worth Rs. 1,131 crore in multiple sectors and the transport infrastructure unit bagged Rs. 780 crore orders.The company's heavy civil infrastructure business has been given  orders worth Rs. 630 crore while the metallurgical and material handling business secured orders worth Rs. 265 crore.

The stock of L&T was trading 1.70 per cent higher at Rs. 1,456 on BSE. On 3^rd Oct, LT share price zoomed above 3 per cent. The stock opened at Rs. 1438.05 as compared to its previous closing at Rs. 1433.15. The stock touched the days high and low at Rs. 1474.75 and Rs.1435.20. Throughout the entire trading session around 14,54,364 shares were traded in the counter with a traded value of Rs. 21,177.87, as per NSE. The 52 week high of Apcotex share price is observed at Rs. 1,615.00 on 27^th July ’16 while the 52 week low is seen at Rs. 1,016.05 on 12^th Feb ‘16. The Average Daily Movement of the stock is 31.30 and its average volume for last 20 days is 1368873. The stock yields -1.80 per cent monthly returns and has the PE ratio of 26.25. The market cap of the company amounts to Rs. 133617.48 (Cr) and has a book value of Rs. 471.68. LT is identified by Dynamic Levels as the top 500 performing stocks for the June quarter amongst the 1700 stocks listed on the NSE. LT is fundamentally strong and is safe for investment, according to Dynamic analysts

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