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Larsen & Toubro hits 52-week high on steady order flow in construction arm

L&T today announced that its construction arm has secured significant orders from prestigious clients for various businesses

Larsen and Toubro
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L&T did not disclose the size of the orders but stated that significant orders are in the range of Rs 1,000 crore-Rs 2,500 crore

SI Reporter Mumbai
Shares of Larsen & Toubro (L&T) hit 52-week high of Rs 1,390, up 3 per cent on the BSE on Thursday, in an otherwise subdued market riding on steady stream of order inflows in the constructions & engineering major.

L&T on Thursday announced that its construction arm has secured significant orders from prestigious clients for various businesses. The commercial and residential spaces arm of the buildings & factories business has won an order from a reputed developer to construct an office space in Mumbai. READ MORE

While, The railways strategic business unit has secured an engineering, procurement