tiprankstipranks
Trending News
More News >

L&T Secures Significant Orders for Residential Towers in Major Indian Cities

Story Highlights
  • Larsen & Toubro’s Building & Factories vertical won significant orders for residential towers.
  • The projects in Mumbai, Bangalore, and Chennai will enhance L&T’s market presence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
L&T Secures Significant Orders for Residential Towers in Major Indian Cities

Larsen & Toubro Limited ( (IN:LT) ) has provided an announcement.

Larsen & Toubro’s Building & Factories vertical has secured significant orders to construct residential towers in Mumbai, Bangalore, and Chennai. These projects, which include ultra-luxury high-rise towers and luxury towers, are expected to be completed within strict timelines, enhancing L&T’s position in the construction industry and potentially impacting its market presence positively.

More about Larsen & Toubro Limited

Larsen & Toubro is a USD 27 billion Indian multinational enterprise engaged in EPC Projects, Hi-Tech Manufacturing, and Services, operating across multiple geographies. The company has maintained leadership in its major business lines for eight decades through a strong customer-focused approach and a commitment to quality.

YTD Price Performance: -13.70%

Average Trading Volume: 81,724

Current Market Cap: 4352.1B INR

See more insights into LT stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App