Thursday, August 25, 2011

L&T Construction bags Rs 797cr order in Mumbai



L&T Construction today said it has secured an order worth Rs 797 crore in the building and factories segment during the second quarter this fiscal.


"The order has been secured from a leading developer for mixed use construction, comprising predominantly of residential, including retail and commercial developments, at Mumbai," the company said in a regulatory filing to the Bombay Stock Exchange (BSE).
The order further enhances the order book of the company, which has already secured design and build contracts in the airport, IT park, commercial and residential space, it said.
The company yesterday announced that it has secured orders worth Rs 1,340 crore in the buildings and factories segment.
Shares of Larsen & Toubro were trading at Rs 1,532.50, down 1.63% from their previous close on the BSE, at 1130 hours.

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