L&T Heavy Engg wins Rs. 1,050 crore orders

Larsen & Toubro, an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services company, informed that its heavy engineering segment has received orders of Rs. 1,050 crore during Q2FY19.

The Heavy Engineering arm of Larsen & Toubro has secured orders worth Rs. 1,050 crore in Q2FY19. These include three Super Heavy Hydrocracking Reactors for an Indian Refinery, with heaviest among them weighing 2,180 MT, to be built for the first time in the World. The total order inflow in H1FY19 for the Process Plant and Nuclear equipment business of Heavy Engineering has reached Rs. 2,661 crore.

L& T is an Indian multinational company engaged in technology, engineering, construction, manufacturing and financial services with over US$ 18 billion in revenue. It operates in over 30 countries worldwide.

Meanwhile on Monday, at 12.23 hours, the stock was trading at Rs. 1215.90 per share, down by Rs. 19.05 or 1.54 per cent from its previous close. The benchmark index BSE Sensex was at 34,710.72, down by 22.86 points or 0.07 per cent from its last trading session.