L&T wins Rs2,674 crore orders; shares surge 3.3%
Projects include widening a highway in Karnataka, building electrical infrastructure for a Middle East oil refiner and construction at a solar plant
Mumbai: Larsen and Toubro Ltd (L&T) on Wednesday said it has won contracts worth ₹ 2,674 crore for projects that include widening a highway in Karnataka, building electrical infrastructure for a Middle East oil refiner and construction at a solar power plant.
On 6 April, the company had said it won orders worth ₹ 5,492 crore across various business segments in March. The consolidated order book of the group stood at ₹ 2.26 trillion on 31 December.
Shares of L&T closed 3.29% higher at ₹ 1,744.90 apiece on BSE, while the benchmark Sensex rose 0.77% to 27,890.13 points. The BSE Capital Goods index rose 1.88% to 17,256.96 points.
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