L&T Rises As Construction Arm Bags Major Orders Worth Rs 2,400 Crore

Larsen & Toubro Limited’s (L&T) stocks gained 1.5% in Wednesday’s trade as its construction arm, L&T Construction, bagged major orders. L&T Construction’s power transmission and distribution (PT&D) business today announced that it has won an order in the domestic and international markets worth Rs 2,400 crore.

The PT&D has secured repeat orders from reputed customers to build 33kV primary substations, 400 kV transmission lines and substations, and related cabling on turnkey basis.

The Company in different States in India has won orders to build transmission lines at voltage levels of 400kV and 765 kV. Larsen & Toubro Limited is a technology, engineering, construction, manufacturing and financial services company.

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