The order book size of Larsen & Toubro (L&T), a leading civil construction firm, stands at Rs 4.5 lakh crore. L&T has recently received orders worth Rs 30,000 crore from a reputed Middle Eastern consumer company. These orders include responsibilities for platform and ground field work. L&T has also been given engineering, procurement, and construction tasks under the new orders. On Wednesday, 22nd November 2023, L&T’s share price was trading at Rs 3,081.85 with a growth of 0.23%. However, on Thursday, 23rd November 2023, the share price declined by 1.46% and was trading at Rs 3,037.

L&T has been awarded a contract worth Rs 15,000 crore to set up a gas compression plant in West Asia through its hydrocarbon business unit. The company will be responsible for engineering, procurement, and construction work, including inlet separation facility in the gas processing plant. Over the past year, L&T’s shares have yielded a return of 55% to its investors. In the last three years, the company’s shares have provided a return of 175% to its investors. In the second quarter of the current financial year, L&T has recorded a revenue collection of Rs 51,024 crore. The company has witnessed a growth rate of 20% in revenue collection on an annual basis. In the September 2023 quarter, L&T registered an operating profit of Rs 8,173 crore. The company has reported a PTI (Profit Before Tax) of Rs 3,855 crore with a growth rate of 37% on an annual basis.

L&T Share Price on 23 November 2023

1. The order book size of Larsen & Toubro is 4.5 lakh crore rupees.
2. L&T has received orders worth 30,000 crore rupees from a Middle Eastern country for its civil construction firm.
3. L&T has also received an order worth 15,000 crore rupees from a reputed Middle Eastern consumer company.
4. Under this order, the responsibility of platform and groundwork has been assigned to L&T.
5. L&T has been given engineering, procurement, and construction works under the new order.
6. On Wednesday, 22 November 2023, L&T’s share was trading at 3,081.85 rupees with a growth of 0.23%.
7. On Thursday, 23 November 2023, the share was trading at 3,037 rupees with a decline of 1.46%.
8. L&T has received an order of 15,000 crore rupees to set up a gas compression plant in West Asia for its hydrocarbon business unit.
9. The company has been assigned the work of engineering, procurement, and construction, including inlet separation facility in the gas processing plant.
10. In the past year, the company’s share has given a return of 55% to its investors.
11. In the past three years, the company’s share has given a return of 175% to its investors.
12. In the second quarter of the current fiscal year, L&T has recorded a revenue collection of 51,024 crore rupees.
13. The company has reported a 20% growth rate in revenue collection on an annual basis.
14. In the September 2023 quarter, the company has recorded an operating profit of 8,173 crore rupees.
15. The company has reported a PTI of 3,855 crore rupees with a 37% annual growth rate.

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