Home Economy Larsen and Toubro bags Rs.797 crore order

Larsen and Toubro bags Rs.797 crore order

By IANS,

New Delhi : Engineering and construction major Larsen and Toubro Thursday said it had bagged an order worth Rs.797 crore in the building and factories segment during the second quarter of the current financial year.

“A major order worth Rs.797 crore has been secured from a leading developer for the mixed use construction comprising predominantly of residential, including retail and commercial developments at Mumbai,” the company said in a regulatory filing.

The order further enhances the order book of the company, which has already secured major design and build contracts in airports, IT parks, commercial and residential space, the company added.

At the Bombay Stock Exchange, the shares of the company were 0.81 percent down at Rs.1,545.25.