HYDERABAD: Infrastructure giant L&T Construction on Monday said it has bagged a large EPC (engineering, procurement and construction) contract for the construction of the greenfield Bhogapuram international airport in Andhra Pradesh from GMR Visakhapatnam International Airport Limited.The large project, classified by L&T in the Rs 2,500-Rs 5,000 crore, has been secured by L&T Construction’s buildings … Read more
Benchmark Sensex closed higher by 94 points, while the broader Nifty retreated from record high levels in a volatile trading on Tuesday as investors turned cautious over high valuations. Stocks that were in focus included names like L&T, which rose 1.88%, Cochin Shipyard, which fell 10.8%, and BEML, whose shares declined 10.61% on Tuesday. Here’s … Read more
Indian markets opened higher on Tuesday, with the benchmark Nifty 50 hitting a record high for the second consecutive session.At 9:16 am, the Nifty 50 index was up 0.45% at 20,079.50, while the S&P BSE Sensex rose 0.44% to 67,443.08. On Monday, Nifty hit the 20,000-point mark for the first time on strong buying by … Read more
Mumbai: Larsen & Toubro (L&T) hit a lifetime high in Friday trading and crossed ₹4 lakh crore in market capitalisation on prospects of winning a nearly $4-billion order from Saudi Aramco. This deal win is seen helping the engineering major clock in an over 20% growth in its order inflows in FY24, as against a … Read more