L&T Construction bags orders worth Rs2,106cr

Its water and effluent treatment business has bagged contracts worth Rs1,954cr, while the L&T GeoStructure business has secured orders worth Rs152cr, the company said in an exchange filing.

Dec 05, 2018 10:12 IST India Infoline News Service

Larsen and Toubro Construction
Larsen & Toubro (L&T), on Wednesday, said that its construction arm has won orders worth Rs2,106cr across two of its business segments.

Its water and effluent treatment business has bagged contracts worth Rs1,954cr, while the L&T GeoStructure business has secured orders worth Rs152cr, the company said in an exchange filing.

“This order will be jointly executed by the water effluent treatment business and transportation infrastructure business of L&T Construction,” it added.

"The business has also secured a turnkey order from the Jharkhand Urban Infrastructure Development Company Ltd (JUIDCO) for execution of drinking water supply projects in the Hazaribagh and Ranchi districts of Jharkhand," the company said.

L&T GeoStructure business has secured an order from BHEL for the execution of pile caps, pedestals, piers, deep foundation-supported bridges, and gallery for a coal handling and ash handling plant of the 2×660 MW STTP at Ennore, Chennai.

Larsen & Toubro Ltd (L&T) share price ended lower at Rs1,395.65, down 1.69% from its previous close of Rs1,419.65 on the BSE.

The scrip opened at Rs1,413 and has touched a high and low of Rs1,418.45 and Rs1,390, respectively.

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