Rs 4,909 Billion Order Book: This Infrastructure Company Bags Order Worth Under Rs 2,500 Crore to Construct Automobile Plant Near Bengaluru!
The company’s shares have delivered an impressive return of over 40 per cent to its shareholders.
The Buildings & Factories (B&F) business vertical of Larsen & Toubro Ltd has bagged a "Significant" order to construct a state-of-the-art automobile manufacturing plant for a prestigious company. The plant will be constructed near Bengaluru, adhering to IGBC norms. The scope of the project includes comprehensive design and execution of civil, structural, architectural, and MEPF services.
The Buildings & Factories vertical of L&T possesses extensive expertise and wide-ranging experience to undertake all types of EPC projects across various sectors. Over the years, it has developed the capability to execute complex industrial projects on a design-and-build basis and has emerged as a total solutions provider in the factory construction segment.
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Larsen & Toubro Ltd is a multinational conglomerate that is primarily engaged in providing engineering, procurement, and construction (EPC) solutions in key sectors such as Infrastructure, Hydrocarbon, Power, Process Industries and Defence, Information Technology, and Financial Services in domestic and international markets.
Today the shares of Larsen & Toubro Ltd closed the day at around Rs 3812.55 per share on the BSE. The current market capitalization stands at Rs 524167.71 crore. Additionally, the shares have delivered a return of over 40 per cent in the past year.
L&T’s Order Classification
In the context of project classifications by Larsen & Toubro (L&T), the classification system categorizes projects based on their financial value in Indian Rupees (Rs Cr). Here’s a breakdown:
Significant: Projects valued between Rs 1,000 crore and Rs 2,500 crore.
Large: Projects valued between Rs 2,500 crore and Rs 5,000 crore.
Major: Projects valued between Rs 5,000 crore and Rs 10,000 crore.
Mega: Projects valued between Rs 10,000 crore and Rs 15,000 crore.
Ultra-Mega: Projects valued at more than Rs 15,000 crore.
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Disclaimer: The article is for informational purposes only and not investment advice.