L&T Construction Bags Rs 1,125 Cr Orders | CORPORATE ETHOS

L&T Construction Bags Rs 1,125 Cr Orders

By: | December 27, 2017

Dec 27: L&T Construction, the construction arm of Mumbai-based conglomerate L&T Ltd, on Wednesday said that it has won orders worth Rs 1,125 crore across various business segments.

The metallurgical and material handling business of the company has bagged orders worth Rs 710 crore in the metallurgical sector, in the area of product business and add-on jobs.

Meanwhile, other businesses of the company have received orders worth the remaining Rs 415 crore.

L&T shares touched a new 52-week high of Rs 1,275 on Wednesday morning trade after the news came in. At 11.27 am, the Rs 2 face value shares were trading in red at Rs 1,267.80, down 0.14% from the previous closing of Rs 1,269.60.