Larsen and Toubro bags Rs 1,100 crore construction deal

MUMBAI: Engineering and construction major Larsen and Toubro (L&T) Wednesday said it has been awarded projects worth Rs 1,100 crore to construct residential towers, warehouses and a factory. (Video)

The projects involve residential towers in Ghatkopar, Mumbai at a cost of Rs 500 crore, warehouses in Khurja, Uttar Pradesh for Rs 305 crore, a mall in Kolkata and a factory building in Samalkha, Haryana for Rs 295 crore.

The order was bagged by L&T's buildings and factories operating company, part of its construction division.

Around noon, the L&T scrip was ruling 2.77 per cent higher at Rs 1,435.45 at the Bombay Stock Exchange.