Last 1,658 INR
Change Today -5.45 / -0.33%
Volume 998.4K
LT On Other Exchanges
Natl India
As of 7:06 AM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

larsen & toubro ltd (LT) Snapshot

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06/9/14 - 1,777
52 Week Low
08/28/13 - 677.15
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larsen & toubro ltd (LT) Details

Larsen & Toubro Limited operates as a technology, engineering, construction, and manufacturing company. It operates through seven segments: Engineering & Construction, Electrical & Electronics, Machinery & Industrial Products, Financial Services, Developmental Projects, IT & Technology Services, and Others. The Engineering & Construction segment engages in the execution of engineering and construction projects in India and internationally to provide solutions in civil, mechanical, electrical, and instrumentation engineering to core/infrastructure sectors, such as railways, shipbuilding, and supply of complex plant and equipment to core sectors. The Electrical & Electronics segment manufactures and sells low and medium voltage switchgear components, custom built low and medium voltage switchboards, electronic energy meters/protection systems, control and automation products, and medical equipment. The Machinery & Industrial Products segment engages in the manufacture and sale of rubber processing machinery and castings, industrial valves, construction equipment, industrial products, plastic processing machinery, undercarriage assemblies, and welding and cutting equipment. The Financial Services segment offers retail and corporate finance, housing finance, infrastructure finance, general insurance, mutual fund schemes asset management, and related advisory services. The Developmental Projects segment is involved in the development, operation, and maintenance of basic infrastructure projects; toll collection, including annuity based projects; development of urban infrastructure; power development; and development and operation of port facilities, as well as in providing related advisory services. The IT & Technology Services segment provides information technology and integrated engineering services. The Other segment engages in ready-mix concrete, mining, and aviation businesses. The company was founded in 1938 and is headquartered in Mumbai, India.

Founded in 1938

larsen & toubro ltd (LT) Top Compensated Officers

Managing Director, Chief Executive Officer an...
Total Annual Compensation: 16.3M
Group Executive Chairman and Member of Nomina...
Total Annual Compensation: 26.4M
Chief Financial Officer and Whole-Time Direct...
Total Annual Compensation: 9.3M
Chairman of L&T Finance Holdings Limited and ...
Total Annual Compensation: 3.6M
Whole-Time Director and President of Heavy En...
Total Annual Compensation: 12.3M
Compensation as of Fiscal Year 2013.

larsen & toubro ltd (LT) Key Developments

L&T Unit Bags INR 24,420 Million Contract from Bharat Sanchar Nigam

L&T Construction's power transmission and distribution business has secured a contract worth INR 24,420 million from Bharat Sanchar Nigam. The contract is for supply, trenching, laying, installation, testing and commissioning of optical fibre cable (OFC) network, which will establish exclusive national long-distance backbone and optical access routes for the defence network. The project is scheduled to be completed over 18 months.

Larsen & Toubro, Cyan and Neosilica Win Contract for Deployment of Cyan's Cylec® Advanced Metering Infrastructure Solution in India

Cyan announced that a consortium led by Larsen & Toubro has been selected by Tata Power Mumbai for the deployment of Cyan's CyLec® Advanced Metering Infrastructure solution in India. Cyan has now received an order from L&T to provide a complete AMI solution consisting of 865MHz RF modules, Data Concentrator Units, Head-End Server software licenses, onsite software installation services and an annual software maintenance contract. The Cyan 865MHz radio communication modules will be installed inside the L&T smart meters that will be deployed for Tata. The initial contract with Tata is for the deployment of 5,000 consumer meters in a district in Mumbai and is currently planned to go live in early 2015. The consortium members include L&T (consortium lead partner), Cyan and Neosilica, who in partnership will provide an integrated CyLec AMI solution to Tata. L&T will supply smart meters, with CyLec® wireless technology inside, and Neosilica will provide a Meter Data Acquisition System interface from Cyan's Head End Server into Tata's Meter Data Management System for billing and fault management.

L & T Construction Wins Orders Valued INR 24,420 Million in Telecom Segment

The power transmission & distribution Business of L&T construction has secured a major contract worth INR 24,420 million from Bharat Sanchar Nigam Limted, the project implementation agency for the Ministry of defense.


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