Larsen & Toubro has bagged a repeat contract for manufacture, design and supply of 4 steam generators for 700 Megawatt PHWR for Rajasthan Atomic Power Plant 7&8 from the Nuclear Power Corporation of India.

Reportedly, Larsen & Toubro Ltd is in discussions to acquire Cholamandalam DBS Finance’s Indian mutual fund operation.

1.03lakh shares have been traded on BSE in the counter as opposed to a standard everyday volume of 5.93lakh shares in the last single quarter.

L&T declared on Monday that it had received 4 contracts from Oman, Qatar and the United Arab Emirates estimating to Rs.1, 044crore for the building of electrical substations.

2.61lakh shares have been traded on BSE in the counter as opposed to a standard everyday volume of 6.40lakh shares in the last single quarter.

Reportedly, Larsen & Toubro contemplates to foray into general insurance trade in the following 6 months.

Larsen & Toubro has requested SEBI to divest its 6.9% stake in Mahindra Satyam, worth nearly Rs.900crore.

Larsen & Toubro on Monday mentioned that it has received two contracts valued at Rs.5, 300crore from state-led Oil & Natural Gas Corporation for offshore hydrocarbon assignments.

Larsen & Toubro has bagged contracts valued at Rs.651crore for a couple of hydrocarbon deals from HPCL-Mittal Energy and Engineers India.

Larsen & Toubro presently trades at Rs.1592.50 on each share, which is high with 24.20 points on the Sensex.