L&T wins construction orders worth Rs 2,035 crore

MUMBAI: Larsen & Toubro has bagged fresh orders for construction worth totalling Rs 2,035 crore in June, the engineering major said Monday.

L&T’s transportation infrastructure business has won a major engineering, procurement and construction order from an infrastructure developer for the construction of 109.54 kms of four lane dual carriage way of the Solapur, Maharashtra - Bijapur, Karnataka road, the company said without disclosing the name of the client.

L&T said that it has secured new orders for construction of office spaces including add-on work. This includes a major order from a global information technology solutions provider for the turnkey construction of their office building in Hyderabad.

At 12:45 pm, shares of L&T were trading at Rs 1,757.35 on the Bombay Stock Exchange, down 1.3 per cent from Friday. BSE’s benchmark index Sensex was trading 1.7 per cent lower than its previous close at 27,342.85.