LT arm wins new orders worth Rs 1,242cr

The company has won engineering, procurement and construction orders from Abu Dhabi-based SENAAT General Holding Corporation for 2.40 lakh tonnes per annum (TPA) submerged arc welded pipe mill project and 20,000 TPA seamless copper tube plant in Abu Dhabi, L&T said in a statement.

Infrastructure major Larsen and Toubro's Metallurgical and material handling arm has bagged orders worth Rs 1,242 crore during the current quarter.

Finished products from the plants would cater to the requirements of the oil and gas and utility industries respectively, it said.

"Winning these prestigious international orders only affirms our capability to manufacture high-end equipment for the metallurgical sector," Larsen and Toubro Whole-time Director Shailendra Roy said.

In the domestic market, the company said it has won fresh orders from HPCL-Mittal Energy Ltd and other packages from existing customers, the company said.

Larsen stock price

On March 10, 2015, Larsen and Toubro closed at Rs 1752.85, down Rs 9.8, or 0.56 percent. The 52-week high of the share was Rs 1892.95 and the 52-week low was Rs 1185.00.

The company's trailing 12-month (TTM) EPS was at Rs 61.52 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 28.49. The latest book value of the company is Rs 362.13 per share. At current value, the price-to-book value of the company is 4.84.

Anda sedang membaca artikel tentang

LT arm wins new orders worth Rs 1,242cr

Dengan url

http://kebugaranhidup.blogspot.com/2015/03/lt-arm-wins-new-orders-worth-rs-1242cr.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

LT arm wins new orders worth Rs 1,242cr

namun jangan lupa untuk meletakkan link

LT arm wins new orders worth Rs 1,242cr

sebagai sumbernya

Kebugaran Hidup