The announcement was made during trading hours today, 5 April 2013. Shares of L&T had fallen as much as 1.05% to hit the day's low of Rs 1347.10 in early trade today.
Meanwhile, the BSE Sensex was down 108.44 points, or 0.59%, to 18,401.26.
On BSE, 1.10 lakh shares were traded in the counter as against an average daily volume of 2.11 lakh shares in the past one quarter.
The stock hit a high of Rs 1,371.40 and a low of Rs 1,347.10 so far during the day. The stock had hit a 52-week high of Rs 1,719.50 on 29 October 2012. The stock had hit a 52-week low of Rs 1,106.40 on 4 June 2012.
The stock had outperformed the market over the past one month till 4 April 2013, falling 0.25% compared with the Sensex's 1.95% fall. The scrip had, however, underperformed the market in past one quarter, sliding 16.36% as against Sensex's 6.44% fall.
The large-cap company has an equity capital of Rs 123.08 crore. Face value per share is Rs 2.
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L&T said L&T Construction's building and factories business bagged new orders worth Rs 1070 crore for construction of residential apartments in the southern part of the country. The power transmission and distribution business won new orders worth Rs 389 crore for the construction of 400 kilovolt transmission lines at various locations across India.
L&T Construction also received orders worth Rs 347 crore for its water and renewable energy business for the construction of water supply, waste and sewage schemes across the country. It has also bagged additional orders worth Rs 198 crore from various ongoing projects across various other business units, L&T said in a statement.
L&T announced during trading hours Wednesday, 3 April 2013, that L&T Construction has secured an order worth AED 943.11 million for the development of the prestigious Midfield Terminal Complex -- an airside construction project for Abu Dhabi Airports Company, PJSC UAE. The project will commence in April 2013 with a construction period of 28 months. The Airport Terminal Complex is expected to be commissioned by 2017.
L&T announced during trading hours on Tuesday, 2 April 2013, that L&T Construction secured new orders valued over Rs 3700 crore across various business segments in March 2013.
L&T's net profit rose 13.1% to Rs 1121.75 crore on 10.3% growth in net sales to Rs 15429.36 crore in Q3 December 2012 over Q3 December 2011.
L&T is a $13.5 billion leading engineering, construction, manufacturing and financial services conglomerate with global operations.
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