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L&T nears 52-week high as it secures orders worth Rs 18,549 cr in March

Thus far in March, the stock outperformed the market by gaining 8% as compared to 3% rise in Sensex

SI Reporter  |  Mumbai 

A sign of Larsen and Toubro (L&T) is placed on a road divider in Mumbai
A sign of Larsen and Toubro (L&T) is placed on a road divider in Mumbai

(L&T) was up 2% at Rs 1,583, its highest level since August 1, 2016 on BSE, after the company has secured more than Rs 18,000 crore new orders in the month of March.

The stock of construction & engineering major is quoting close to its of Rs 1,615 touched on July 27, 2016 in intra-day trade.


Thus far in the current month, it outperformed the market by gaining 8% as compared to 3% rise in the S&P BSE Sensex.

has secured orders worth of Rs 18,549 crore during the month of March, according to data culled from the stock exchanges announcements.  In current week alone, has secured orders amounting of Rs 14,223 crore from various segments.
Date Amt in Rs cr
03/03/2017 2,170
16/03/2017 500
20/03/2017 1,656
27/03/2017 705
27/03/2017 2,490
28/03/2017 2,903
29/03/2017 2,400
30/03/2017 4,000
30/03/2017 1,725
Total 18,549

On Thursday, March 30, announced that it win orders worth of Rs 5,725 crore. 

Hydrocarbon Engineering, a wholly-owned subsidiary of L&T, has won orders totalling close to Rs 4,000 crore in the international market, while its construction arm, Construction has recently bagged orders worth Rs 1,725 crore across two of its business segments,” said in a BSE filing.

At 12:26 pm; the stock was up 1.4% at Rs 1,580 on BSE as compared to 0.18% decline in the S&P BSE Sensex. A combined 880,888 shares changed hands on the counter on BSE and NSE.

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L&T nears 52-week high as it secures orders worth Rs 18,549 cr in March

Thus far in March, the stock outperformed the market by gaining 8% as compared to 3% rise in Sensex

Thus far in March, the stock outperformed the market by gaining 8% as compared to 3% rise in Sensex
(L&T) was up 2% at Rs 1,583, its highest level since August 1, 2016 on BSE, after the company has secured more than Rs 18,000 crore new orders in the month of March.

The stock of construction & engineering major is quoting close to its of Rs 1,615 touched on July 27, 2016 in intra-day trade.

Thus far in the current month, it outperformed the market by gaining 8% as compared to 3% rise in the S&P BSE Sensex.

has secured orders worth of Rs 18,549 crore during the month of March, according to data culled from the stock exchanges announcements.  In current week alone, has secured orders amounting of Rs 14,223 crore from various segments.


Date Amt in Rs cr
03/03/2017 2,170
16/03/2017 500
20/03/2017 1,656
27/03/2017 705
27/03/2017 2,490
28/03/2017 2,903
29/03/2017 2,400
30/03/2017 4,000
30/03/2017 1,725
Total 18,549

On Thursday, March 30, announced that it win orders worth of Rs 5,725 crore. 

Hydrocarbon Engineering, a wholly-owned subsidiary of L&T, has won orders totalling close to Rs 4,000 crore in the international market, while its construction arm, Construction has recently bagged orders worth Rs 1,725 crore across two of its business segments,” said in a BSE filing.

At 12:26 pm; the stock was up 1.4% at Rs 1,580 on BSE as compared to 0.18% decline in the S&P BSE Sensex. A combined 880,888 shares changed hands on the counter on BSE and NSE.

image
Business Standard
177 22

L&T nears 52-week high as it secures orders worth Rs 18,549 cr in March

Thus far in March, the stock outperformed the market by gaining 8% as compared to 3% rise in Sensex

(L&T) was up 2% at Rs 1,583, its highest level since August 1, 2016 on BSE, after the company has secured more than Rs 18,000 crore new orders in the month of March.

The stock of construction & engineering major is quoting close to its of Rs 1,615 touched on July 27, 2016 in intra-day trade.

Thus far in the current month, it outperformed the market by gaining 8% as compared to 3% rise in the S&P BSE Sensex.

has secured orders worth of Rs 18,549 crore during the month of March, according to data culled from the stock exchanges announcements.  In current week alone, has secured orders amounting of Rs 14,223 crore from various segments.


Date Amt in Rs cr
03/03/2017 2,170
16/03/2017 500
20/03/2017 1,656
27/03/2017 705
27/03/2017 2,490
28/03/2017 2,903
29/03/2017 2,400
30/03/2017 4,000
30/03/2017 1,725
Total 18,549

On Thursday, March 30, announced that it win orders worth of Rs 5,725 crore. 

Hydrocarbon Engineering, a wholly-owned subsidiary of L&T, has won orders totalling close to Rs 4,000 crore in the international market, while its construction arm, Construction has recently bagged orders worth Rs 1,725 crore across two of its business segments,” said in a BSE filing.

At 12:26 pm; the stock was up 1.4% at Rs 1,580 on BSE as compared to 0.18% decline in the S&P BSE Sensex. A combined 880,888 shares changed hands on the counter on BSE and NSE.

image
Business Standard
177 22