Larsen & Toubro is currently trading at Rs. 1810.75, up by 21.80 points or 1.22% from its previous closing of Rs. 1788.95 on the BSE.
The scrip opened at Rs. 1800.10 and has touched a high and low of Rs. 1844.90 and Rs. 1800.10 respectively. So far 81901 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 1982.95 on 15-Nov-2021 and a 52 week low of Rs. 1121.00 on 03-Dec-2020.
Last one week high and low of the scrip stood at Rs. 1844.90 and Rs. 1735.25 respectively. The current market cap of the company is Rs. 254135.42 crore.
The Institutions and Non-Institutions holding in the company stood at 56.20% and 43.80% respectively.
Larsen & Toubro (L&T) and Kemroc, a global manufacturer of attachments for excavators and backhoe loaders, have entered into a distribution agreement that will facilitate Kemroc products to be distributed and promoted in the Indian market by L&T.
The agreement covers Kemroc-developed special attachments including its patented EK series of chain cutters. These chain cutters are a game changer in rock trenching and are well accepted across the world, including India.
This strategic partnership will enable L&T to expand its product offerings and provide comprehensive solutions to customers in the construction industry in India. L&T already offers special attachments such as Crusher Bucket, Rock Breakers, Quick Couplers, Demolition Tools and Piling Solutions with tie-ups from international brands such as Komatsu, Sandvik and Movax.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.