Larsen & Toubro bags orders worth Rs 1450 Crores from NHAI

by khalid on 19/05/2010 · 0 comments

Larsen & Toubro (L&T) is a technology-driven USD 8.5 billion construction company that infuses engineering with imagination. The company is an Engineering and infrastructure major company. The company informed the market (BSE) that they have won road project from National Highway Authority of India (NHAI). The cost of the project is Rs 1450 crores. This order is for Six Laning of 148.30 Kmfrom Krihnagiri to Walajahpet highway oh NH 46 in Tamilnadu. The order is on the basis of Design , Build , Finance and Operate. This is a BOD contract and has to be completed with in a period of 30 months. The company will have the right to collect toll from the highway for 30 years.

Share’s Data :-
BSE Code : 500510
NSE Code : LTEQ
Mkt. Cap: Rs 98544 Crores
P/E: 22.10
EPS: Rs 72.66 in Mar 2010
Face Value : Rs 2
Last bonus : 1:1 in May 2008
Last dividend : 625% in May 2010
52 Week H/L : Rs 1800.00 / 1221.00
Larsen & Toubro Ltd. (L&T) share’s CMP is Rs 1,636.40 on 19th May 2010

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