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L&T gains after subsidiary wins contract

L&T gains after subsidiary wins contract

Feb 27,2017

The announcement was made on Saturday, 25 February 2017.

Meanwhile, the S&P BSE Sensex was up 18.72 points or 0.06% at 28,911.69.

On the BSE, 5,411 shares were traded on the counter so far as against the average daily volumes of 1.08 lakh shares in the past one quarter. The stock had hit high of Rs 1,499 and low of Rs 1,488 so far during the day.

The large-cap company has equity capital of Rs 186.59 crore. Face value per share is Rs 2.

L&T announced that its wholly owned subsidiary L&T Hydrocarbon Engineering (LTHE) has bagged an onshore engineering, procurement and construction (EPC) contract worth around Rs 1100 crore from Indian Oil Corporation (IOCL) for setting up a 0.740 million metric tonne per annum (MMTPA) fluidised cracking unit (FCC) including LPG treatment facility at its Bongaigaon refinery, Assam.

L&Ts consolidated net profit rose 38.9% to Rs 972.47 crore on 1.7% growth in net sales to Rs 26018.15 crore in Q3 December 2016 over Q3 December 2015.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.

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Honeywell Automation India to pay dividend
May 26,2017

Honeywell Automation India announced that dividend, if approved, shall be paid on 18 August 2017.

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Aashee Infotech to hold board meeting
May 26,2017

Aashee Infotech will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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Pioneer Investcorp to hold board meeting
May 26,2017

Pioneer Investcorp will hold a meeting of the Board of Directors of the Company on 29 May 2017.

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SPS International to hold board meeting
May 26,2017

SPS International will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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Indian Infotech and Software to hold board meeting
May 26,2017

Indian Infotech and Software will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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Agro Dutch Industries to hold board meeting
May 26,2017

Agro Dutch Industries will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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Riddhi Siddhi Gluco Biols to hold board meeting
May 26,2017

Riddhi Siddhi Gluco Biols will hold a meeting of the Board of Directors of the Company on 29 May 2017.

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AF Enterprises to hold board meeting
May 26,2017

AF Enterprises will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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ABC Gas (Intl.) to hold board meeting
May 26,2017

ABC Gas (Intl.) will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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Mahashree Trading to hold board meeting
May 26,2017

Mahashree Trading will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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Rishi Laser to hold board meeting
May 26,2017

Rishi Laser will hold a meeting of the Board of Directors of the Company on 30 May 2017.

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RSC International to hold board meeting
May 26,2017

RSC International will hold a meeting of the Board of Directors of the Company on 29 May 2017.

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Royale Manor Hotels & Industries to hold board meeting
May 26,2017

Royale Manor Hotels & Industries will hold a meeting of the Board of Directors of the Company on 29 May 2017.

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SRG Securities Finance to hold board meeting
May 26,2017

SRG Securities Finance will hold a meeting of the Board of Directors of the Company on 27 May 2017.

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Ras Finance to hold board meeting
May 26,2017

Ras Finance will hold a meeting of the Board of Directors of the Company on 29 May 2017.

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