Larsen & Toubro Limited, commonly known as L&T, is one of the largest Indian multi-national firms and leading construction company in India headquartered in Mumbai, Maharashtra, India. It was founded by two Danish engineers taking refuge in India. The company has business interests in engineering, construction, manufacturing goods, information technology, and financial services, and has offices worldwide.
1938: Commences Business
1944: ECC - the present Construction arm of L&T starts.
Now
- L&T is amongst the largest five fabrication companies in the world.
- It has shipyard capable of constructing vessels of upto 150 meters in length and displacement of 20000 tones. This shipyard constructs specialised heavy lift ships, CNG carriers, Chemical tankers, defence & para-military vessels submarines and other role specific vessels.
- Joint venture with Mitsubishi heavy industries to manufacture super critical boilers and steam turbine generators.
- L&T Constructions is amongst the world's top 30 contractors.
- L&T Hydrocarbon and Engineering delivers turnkey engineering and construction solutions to offshore and onshore hydrocarbon projects.
- L&T defence provides indigenous, design-to-delivery solutions across the defence spectrum – from surveillance to strike capabilities, and mobility platforms essential to enhance their effectiveness. It also offers specialised turnkey defence construction solutions like underground structures, military bases, storage depots, smart infrastructure and modernisation of existing facilities.
- A subsidiary of L&T, L&T Infotech is a global IT services and solutions provider with presence in 23 countries. With twenty-two delivery centres and a diversified work force worldwide, the business is expanding into new geographies even as it consolidates its client facing organization in North America and Europe.
- L&T Technology Services offers design and development solutions through the entire development chain in multiple industries. The Company has design and delivery locations in six centres in India, as well as two delivery centres in the US.
LARSEN AND TOUBRO STOCK FROM JULY 5, 2002 TO DECEMBER 25, 2018
(SOURCE: WWW.NSEINDIA.COM)
STOCK PRICE AS ON JULY 5, 2002: Rs.10.01/- per share
STOCK PRICE AS ON DECEMBER 24TH, 2018: Rs.1406.80/- per share
(Source : www.nseindia.com, www.larsenandtoubro.com)
DISCLAIMER : THIS BLOG IS FOR INFORMATION AND NOT TO SOLICIT ANY BUSINESS. PAST PERFORMANCE IS NOT AN INDICATION OF THE PERFORMANCE OF STOCK IN FUTURE.
