L&T shares rise after Rs 2,085 crore project win in Oman

MUMBAI: Shares of Larsen & Toubro inched higher in trade after its transportation infrastructure business bagged a new order worth riyal Omani 135.6 million (approximately Rs 2,085 crore) for the construction of the Al-Batinah Expressway Package 4.

At 12:20 p.m.; the stock was at Rs 978.25, up 0.71 per cent, on the BSE. It touched a high of Rs 987.90 and a low of Rs 975.60 in trade today.

The project is scheduled to be completed in 36 months and involves building a 50-km, four lane dual carriage expressway, two grade separated interchanges, seven overpass, five wadi bridges and cross drainage works.