L&T gains 2% on 'significant' order wins for its water treatment business

The company did not disclose the exact value of the orders. The value of the project is between Rs 1,000 crore to Rs 2,500 crore, as per L&T

Shares of Larsen & Toubro (L&T) rose 2 per cent to Rs 2,108 on the BSE in Monday’s intra-day trade after the company said it secured significant orders for its water and effluent treatment business. 

The company bagged an order from the Tumakuru Industrial Township Limited (TITL) under the Chennai Bengaluru Industrial Corridor (CBIC) along with repeat orders from the Tamil Nadu Water Supply and Drainage Board (TWAD Board), funded by the Asian Development Bank (ADB), L&T said in a press release.

The company did not disclose the exact value of the orders. The value of the project is