L&T gains on new order - The New Indian Express

L&T gains on new order

Published: 13th March 2014 12:19 PM

Last Updated: 13th March 2014 12:19 PM

Larsen & Toubro (L&T)shares gained on Thursday after the company has secured a major international order worth Rs 36.55 billion by its transportation infrastructure business.

This order is from ASHGHAL (Public Works Authority), State of Qatar for design and construction of Al Wakrah Bypass Road (P015), it said.

Shares of the company are trading at Rs 1,230.15, up Rs 11.6, or 0.95% at the Bombay Stock Exchange (BSE) on Thursday at 10:51 a.m.The scrip has touched an intra-day high of Rs 1,237.60 and low of Rs 1,215. The total volume of shares traded at the BSE is 70,193.In the earlier session, the shares fell 0.91%, or Rs 11.15, at Rs 1,218.55.Currently, the stock is trading down 1.97% from its 52-week high of Rs 1,254.90 and above 81.41% over the 52-week low of Rs 678.10.

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