Larsen and Toubro (L&T) is trading higher by 1% at Rs 1,232 after the company said it has secured international order worth Rs 3,655 crore from ASHGHAL (Public Works Authority), state of Qatar for design and construction of Al Wakrah Bybass Road.
The scope of work involves construction of 11 km road consisting of 10 lanes and four future lane sections with additional collectors/distributor roads, frontage roads and ramps, L&T said in a press release.
The project is scheduled to be completed in 32 months.
The stock opened at Rs 1,219 and touched a high of Rs 1,238 on the NSE. A combined 632,000 shares changed hands on the counter so far on the NSE and BSE.
The scope of work involves construction of 11 km road consisting of 10 lanes and four future lane sections with additional collectors/distributor roads, frontage roads and ramps, L&T said in a press release.
The project is scheduled to be completed in 32 months.
The stock opened at Rs 1,219 and touched a high of Rs 1,238 on the NSE. A combined 632,000 shares changed hands on the counter so far on the NSE and BSE.
