Analyst Research

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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Kisan Ratilal Choksey Shares and Securities Private Limited
Provider: SMC Global Securities Limited

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Larsen & Toubro Ltd Secures Orders Valued INR1.333 Billion

Tuesday, 22 Oct 2013 12:57am EDT 

Larsen & Toubro Ltd announced that it had secured new orders valued at INR1333 crore (INR1.333 billion) in October 2013 in various business segments. INR1095 crore (INR1.095 billion) received by the Company's Water & Renewable Energy Business. The Waste Water Business had secured a turnkey order from the Gujarat Water Supply and Sewerage Board for construction of underground drainage system in nine towns of Jamnagar and Porbandar districts of Gujarat. Repeat order has been received from Naya Raipur Development Authority for construction of underground storm water pipelines, water supply network and other associated works at Naya Raipur. Another turnkey order has been received from Kolkata Metropolitan Water and Sanitation Authority under the National Ganga River Basin Authority (NGRBA) for design and construction of sewerage networks and sewage treatment plant at Gayeshpur town, West Bengal. The Renewable Energy Business has bagged a turnkey order from an esteemed developer for design and construction of a 25 MW wind power plant in Tamil Nadu. In the Buildings & Factories Business, new orders worth INR238 crore (INR238 million) have been secured from HLL Lifecare Limited for expansion and modernization of an old hospital and institute building at JIPMER, Puducherry.