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Company NameReco DateReco PriceExit PriceExit Date% ReturnIn days
ITC Ltd. 28/12/2023464.20487.5002/01/2025 5.02% 1 yrs
Britannia Industries Ltd. 27/07/20234,875.805,028.2512/11/2024 3.13% 1 yrs
JSW Steel Ltd. 22/02/2024826.951,003.0026/09/2024 21.29% 217 days
Bajaj Auto Ltd. 22/08/20249,910.0011,930.0017/09/2024 20.38% 26 days
Dr. Reddy's Laboratories Ltd. 26/10/20235,429.306,536.0005/07/2024 20.38% 253 days
Shriram Finance Ltd. 25/04/20242,430.102,955.0028/06/2024 21.60% 64 days
Coal India Ltd. 25/01/2024389.50501.6022/05/2024 28.78% 118 days
Infosys Ltd. 27/10/20221,522.601,411.6019/04/2024 -7.29% 1 yrs
State Bank Of India 25/05/2023581.30782.0505/03/2024 34.53% 285 days
The Indian Hotels Company Ltd. 24/08/2023401.85517.9007/02/2024 28.88% 167 days

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L&T Construction wins large order from Indian Army
Apurva Joshi
/ Categories: Trending

L&T Construction wins large order from Indian Army

The smart world and communication business of Larsen & Toubro Limited’s Construction arm has bagged a large order from Indian Army to establish a first-of-its-kind state-of-the art unified network management system (NMS) to manage, support and operate the countrywide armed forces under network for spectrum (NFS).

This is an extremely crucial and sensitive project for Ministry of Defence and involves creating a centralised network monitoring, management and control system for all the seven layers under NFS which interconnects 414 defence stations.

The project is to be implemented in 18 months followed by three years of warranty and seven years of AMC during which, LOT will provide managed maintenance services including SLA monitoring, service impact analysis and root cause analysis for the countrywide armed force next generation network. This contract is estimated to be worth Rs 2,500-Rs 5,000 crore.

The project involves the creation of a resilient cloud-based IT infrastructure on infrastructure as a service (IAAS) model. The scope also includes next generation operations system and software (NGOSS) based unified network management system, eight network operations centres (NOCs) consisting of national NOCs, disaster recovery NOCs, regional NOCs, security operation centres, Tier III data centres and training infrastructure. The facilities under this project will allow real-time monitoring of the complete IT network and provide complete visibility of deployed network assets, leading to optimal utilisation of resources.

L&T’s order book as on December 2019 stood at Rs 3,06,300 crore translating book to bill ratio of 2.2x considering its FY19 consolidated revenue.

On Tuesday, the stock of L&T opened gap up 5.2 per cent at Rs 814.95 from its previous close of Rs 774.84 on BSE.

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