L&T bags Rs 1,030 cr new orders
Larsen & Toubro’s Building & Factories Operating Company - part of its construction division - has secured orders aggregating Rs 1,030 crore for the construction of commercial and residential buildings including metro depot facilities and add on orders from various ongonig projects.
L&T has secured new orders worth Rs 385 crore for the construction of residential buildings from leading developers.
It has further secured orders worth Rs 645 crore from esteemed clients for construction of commercial buildings including design and construction of metro depot facilities.
These orders further enhance the order book of the company it has already secured for major design and build contracts in airports, IT parks, commercial and residential space.
The shares of the company were trading down 1.38% at Rs 1,984.05 in late afternoon deals on the BSE.