Business Standard

Monday, December 23, 2024 | 05:30 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

L&T gains on new orders

Image

Capital Market

The company announced the new orders during trading hours today, 1 July 2013.

Meanwhile, the S&P BSE Sensex was up 151.05 points or 0.78% at 19,546.86.

On BSE, 93,000 shares were traded in the counter as against average daily volume of 2.24 lakh shares in the past one quarter.

The stock hit a high of Rs 1,444.95 and a low of Rs 1,405 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 1,308 on 27 July 2012.

The stock had outperformed the market over the past one month till 28 June 2013, sliding 3.48% compared with the Sensex's 3.79% fall. The scrip had, however, underperformed the market in past one quarter, gaining 2.88% as against Sensex's 2.97% rise.

 

The large-cap company has equity capital of Rs 123.24 crore. Face value per share is Rs 2.

L&T's Building & Factories segment secured orders worth Rs 1808 crore. The Water & Renewable Energy segment bagged orders worth Rs 628 crore. In the Power Transmission & Distribution segment, orders worth Rs 442 crore has been received from the Delhi Metro Rail Corporation. New orders worth Rs 179 crore have been secured in Heavy Civil Infrastructure and Metallurgical & Material Handling segment from various ongoing projects.

L&T's net profit declined 6.9% to Rs 1787.94 crore on 9.9% growth in net sales to Rs 20293.83 crore in Q4 March 2013 over Q4 March 2012.

L&T is a $14 billion technology, engineering, construction, manufacturing and financial services conglomerate with global operations.

Powered by Capital Market - Live News

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 01 2013 | 12:21 PM IST

Explore News