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Larsen & Toubro advances 4% on winning new order from Tata Steel

The construction and mining equipment business of the company has secured one of its biggest orders ever to supply 46 units of Komatsu Mining Equipment from Tata Steel

A sign of Larsen and Toubro (L&T) is placed on a road divider in Mumbai
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A sign of Larsen and Toubro (L&T) is placed on a road divider in Mumbai

SI Reporter Mumbai
Shares of Larsen & Toubro (L&T) moved higher by 4 per cent to Rs 1,126 on the BSE on Wednesday after the company said it has secured order from Tata Steel to supply 46 units of Komatsu Mining Equipment for the latter's iron ore and coal mines. However, the company did not specify the value of the contracts.

"The construction and mining equipment business of the company has secured one of its biggest orders ever to supply 46 units of Komatsu Mining Equipment from Tata Steel," L&T said in a press release. READ HERE

The order comprises of 41

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