L&T up on bagging new orders worth Rs 10.02 bn

Larsen & Toubro (L&T) climbed on Friday after the power transmission & distribution IC of L&T Construction has won new orders valued over Rs 10.02 billion across various business segments in June 2012. Shares ofthe companyare trading at Rs 1,394, up Rs 52.85, or 3.94% at the Bombay Stock Exchange (BSE) on Friday at 1:34 p.m.A major order worth Rs 8.46 billion has been bagged from West Bengal State Electricity Distribution Company for Rural Electricity Infrastructure in villages in Jalpaiguri.The scrip has touched an intra-day high of Rs 1,396 and low of Rs 1,358. The total volume of shares traded at the BSE is 316,805.In the earlier session, the shares fell 0.47%, or Rs 6.3, at Rs 1,341.15. Currently, the stock is trading down 25.37% from its 52-week high of Rs 1,867.85 and above 43.56% over the 52-week low of Rs 971.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 1,361.65 (20.50) (1.51) 1 Month 1,187.30 153.85 12.96 3 Months 1,306.85 34.30 2.62 6 Months 995.10 346.05 34.78 1 Year 1,822.65 (481.50) (26.42) Note: Based on previous day closing price.