The company made the announcement during trading hours today, 21 August 2012.
Meanwhile, the BSE Sensex was up 200.29 points or 1.13% to 17,891.37.
On BSE, 1.49 lakh shares were traded in the counter as against average daily volume of 3.14 lakh shares in the past one quarter.
The stock hit a high of Rs 1,470.25 and a low of Rs 1,439 so far during the day. The stock had hit a 52-week high of Rs 1,719.90 on 8 September 2011. The stock had hit a 52-week low of Rs 971 on 21 December 2011.
The stock had outperformed the market over the past one month till 17 August 2012, surging 5.42% compared with the Sensex's 3.42% rise. The scrip had also outperformed the market in past one quarter, jumping 24.87% as against Sensex's 10.08% surge.
The large-cap engineering and construction company has equity capital of Rs 122.76 crore. Face value per share is Rs 2.
The infrastructure segment of L&T's construction division secured a major order worth Rs 781 crore from NTPC Hydro for the construction of 171 megawatts (MW) Lata Tapovan Hydroelectric Power Project in Uttarakhand. The project will be executed on an EPC (engineering, procurement, and construction) basis, L&T said in a statement.
In the roads sector, the infrastructure segment bagged an EPC order of Rs 645 crore from GMR Infrastructure for construction of significant stretches of the Kishangarh-Udaipur-Ahmedabad highway. The project is part of Phase V of the National Highway Development Programme (NHDP) of National Highway Authority of India (NHAI).
The Buildings & Factories segment secured new order worth Rs 360 crore for the construction of residential towers. The project involves the construction of 23 multistoried towers.
The Power Transmission & Distribution segment has secured a major order worth Rs 258 crore from UAE for the supply and installation of 220/33 kilovolts (kV) grid station and related 220 kV cabling and overhead lines work.
L&T's net profit rose 15.7% to Rs 863.65 crore on 26.1% growth in net sales to Rs 11955.35 crore in Q1 June 2012 over Q1 June 2011.
L&T is a $12.8 billion technology, engineering, construction, manufacturing and financial services conglomerate with global operations.
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