Larsen & Toubro is currently trading at Rs. 3671.75, up by 41.15 points or 1.13% from its previous closing of Rs. 3630.60 on the BSE.

The scrip opened at Rs. 3657.00 and has touched a high and low of Rs. 3675.00 and Rs. 3638.85 respectively. So far 9360 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3948.60 on 03-Jun-2024 and a 52 week low of Rs. 2419.95 on 10-Jul-2023.

Last one week high and low of the scrip stood at Rs. 3675.00 and Rs. 3567.00 respectively. The current market cap of the company is Rs. 499152.35 crore.

The Institutions and Non-Institutions held 62.67% and 37.33% stake respectively in the company.

Larsen & Toubro’s (L&T) wholly owned subsidiary -- L&T Semiconductor Technologies (LTSCT) has entered into a Share Purchase Agreement on July 8, 2024 for acquisition of 100% stake in SiliConch Systems (SiliConch). The acquisition is expected to add IP, engineering skillsets and design expertise to strengthen the Group’s presence in fabless semiconductor business, and thus aligns with the overall growth strategy of LTSCT. The acquisition of SiliConch is expected to be completed by September 15, 2024, subject to customary closing conditions.

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