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Thursday, 25 May 2017

Larsen and Toubro is the top contributor to the Sensex gains. The stock is pulling up the index in the Thursday’s trading session. Sensex is trading higher by 155 points at 30456 levels as of 1248 hours.

The stock has attracted the traded volume of 11,17,655 shares and traded value of Rs 193.4 Cr on Thursday.

The power business of Larsen and Toubro through its joint venture company L&T- MHPS Boilers Private Limited (LMB) has bagged export orders worth approximately Rs 300 Cr from Mitsubishi Hitachi Power Systems Limited (MHPS), Japan.

The LMB contracts include the supply of pressure parts to 2x1000 MW and 1x650 MW power plants in Indonesia and Japan, respectively, for water wall panel, coils, piping and header.

The Larsen and Toubro Limited has witnessed an upward rally in the Thursday’s trading session. The stock is trading higher by around 4% at Rs 1746.9 per share as of 1236 hours on Thursday. It has touched its intraday high of Rs 1756 per share higher by 4.22%.

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