The company announced the new orders during trading hours today, 15 June 2012.
Meanwhile, the BSE Sensex was up 274.61 points or 1.65% to 16,952.49.
On BSE, 5.37 lakh shares were traded in the counter as against average daily volume of 5.12 lakh shares in the past two weeks.
The stock hit a high of Rs 1,327.95 and a low of Rs 1,288.50 so far during the day.
L&T said the Metallurgical & Material Handling segment has bagged an order worth Rs 407 crore from Bajaj Infrastructure Development Corporation (BIDCO) to set up a coal handling system on turnkey basis for its greenfield 3 x 660 megawatts (MW) Super Thermal Power Project in Lalitpur, Uttar Pradesh. This coal handling plant package will be completed on a fast track schedule of 22 months, the company said. L&T`s scope of work includes design, engineering, supply and erection of mechanical, electrical & instrumentation works, covering associated civil, structural works, testing and commissioning, L&T said in a statement.
L&T said its Power Transmission & Distribution segment has secured new orders worth Rs 669 crore in domestic and international markets. A major order has been bagged for the construction of 132/33 kilovolts (kV) substations and other modification works in the Middle East. On the domestic front, a new order has been secured for executing electrical works under Restructured Accelerated Power Development Reforms Programme for the Hubli Electricity Supply Company and a few additional orders from various ongoing projects, L&T said in a statement.
L&T on 8 June 2012 said its subsidiary, L&T Shipbuilding, has secured orders worth Rs 483 crore from Halul Offshore Services Company WLL, Qatar for four specialized commercial vessels. The orders are for design, construction, trials and commissioning of two Platform Supply Vessels (PSVs) and two Anchor Handling, Towing, Supply and Support Vessels (AHTSSVs), L&T said.
L&T on 7 June 2012 said its construction division has secured new orders valued at Rs 2410 crore across various businesses in Q1 June 2012.
L&T`s net profit rose 13.9% to Rs 1920.41 crore on 21% growth in net sales to Rs 18460.90 crore in Q4 March 2012 over Q4 March 2011.
L&T is a $12.8 billion technology, engineering, construction, manufacturing and financial services conglomerate with global operations.
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