The stock touched a high of Rs 1,555 but could not hold on to gains. It finally ended with a 1.3% gain at Rs 1,547. Around 352,258 shares were traded on the BSE today.
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(Updated at 1001hrs)
Larsen & Toubro has advanced 2% on a Rs 6,897 crore order from Mahagenco.
The stock opened at Rs 1,550 and touched a high of Rs 1,554 - up 2%. The stock is now up 1% at Rs 1,540. Over 19,200 stocks have been traded on the BSE so far.
The company has bagged an order from Maharashtra State Power Generation Co Ltd (Mahagenco) worth Rs 6,897 crore. This is one of the largest contracts for thermal power. The project, for the 1,980 Mw thermal power plant at Koradi near Nagpur, was won after stiff competition from domestic and international power majors.