Comments
Larsen & Toubro’s construction arm has won orders worth Rs 1,127 crore across two of its business segments. In the metallurgical and material handling business, the company has bagged contracts worth Rs 755 crore.
“An order has been secured from Hindustan Zinc for the construction of an 1.5 MTPA (million tonne per annum) lead-zinc beneficiation plant at R D Mines, Rajasthan...,” the company said in a statement today.
In the buildings and factories business, the company said that an order worth Rs 372 crore has been secured. Factories business unit has secured an order for the brownfield expansion of viscose staple fibre manufacturing facility from Grasim Industries (cellulosic division) at Vilayat, Bharuch, Gujarat.
The scope includes civil, structural, architectural and external development works. The business has earlier executed a greenfield project at the same location for Grasim Industries. L&T shares were trading 0.68 per cent down at Rs 1,419.95 apiece on the BSE.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.