Buildings and factories business fetched Rs 880 crore, while power transmission and distribution wing got Rs 676 crore orders. About Rs 155 crore came from water and renewable business segment, the company said in an exchange filing.
L&T Construction, an arm of the engineering and construction major Laresn and Toubro, on Friday said it has bagged orders worth Rs 1,711 crore this month across various business segments.
Buildings and factories business fetched Rs 880 crore, while power transmission and distribution wing got Rs 676 crore orders. About Rs 155 crore came from water and renewable business segment, the company said in an exchange filing.
Construction of a residential building in Mumbai for a private developer forms the major part of the total order received in the buildings and factories business segment. The scope of the work involves civil, structural, architectural finishes and mechanical, electrical and plumbing jobs.
L&T Construction has also received an order from a cement producer for civil, structural, fabrication and erection of a greenfield unit in Madhya Pradesh.
In power transmission and distribution business, L&T has received order for supply, installation and commissioning of a 220 kV double-circuit transmission line from Bihar State Power Transmission Company.
It has bagged works from Power Grid Corporation of India for turnkey construction of 220kV multi-circuit and double- circuit transmission lines in Jammu & Kashmir and 765kV double-circuit transmission lines in Uttar Pradesh.
Power Grid Corp stock price
On March 27, 2015, at 14:13 hrs Power Grid Corporation of India was quoting at Rs 144.75, down Rs 0.3, or 0.21 percent. The 52-week high of the share was Rs 159.00 and the 52-week low was Rs 102.00.
The company's trailing 12-month (TTM) EPS was at Rs 9.07 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 15.96. The latest book value of the company is Rs 65.87 per share. At current value, the price-to-book value of the company is 2.20.
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