L&T wins Rs 2155 crores order from NFL

by khalid on 01/02/2010 · 0 comments

L&T

Larsen & Toubro (L&T) is a technology-driven USD 8.5 billion 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 two orders from Nangal Fertilizer Limited (NFL) worth Rs 2155 crores. The order is for ammonia plant feedstock conversion projects at Panipat Plant in Haryana and Bathinda Plant in Punjab. The work has to be done is conveting feedstock of the existing ammonia plants from fuel oil to natural gas. The project has to be commisioned by January end 2013.

The projects have been awarded on a lump sum turnkey basis, including process technology.

Share’s Data :
BSE Code : 500510
NSE Code : LTEQ
Mkt. Cap: Rs 85059 Crores
P/E: 23.97
EPS: 59.44
Face Value : Rs 2
Last dividend : 525% in May 2009
52 Week H/L : Rs 1800.00 / 557.00
Larsen & Toubro Ltd. (L&T) share’s CMP is Rs 1417.00 on 1st Feb 2010

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