For Quick Alerts
For Daily Alerts

L&T Bags Order Worth Rs. 1483 Crore From ONGC, Scrip Hits 52-week High


After bagging an order worth Rs. 1483 crore from ONGC, the stock of L&T in intraday trade on Friday reached a 52-week high of Rs. 1328 with gains of 1% against the closing price of Rs. 1315.4 of Thursday.

 L&T Bags Order Worth Rs. 1483 Crore From ONGC, Scrip Hits 52-week High

The contract was been won over by the company's subsidiary form, L&T Hydrocarbon Engineering, which has entered into an offshore agreement with ONGS for development of bassein.

The project encompasses 3 novel platforms, composite subsea power cable, clamp-on work and overhauling contract for 9 existing platforms in addition to 23-km subsea pipeline. The project under Bassein development 3 Well platform project is slated be completed by May of 2019.

At 12:15 hrs Larsen & Toubro was trading lower at Rs. 1313.50 on the BSE.

Read more about: l ampt 52 week high ongc
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more