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As On 15-Jan-2021 EOD, Market Closed
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  • L&T bags large order to build India's longest river bridge

    Larsen & Toubro said its construction arm has secured a 'large' contract to construct India's longest road bridge across river Brahmaputra connecting Dhubri in Assam to Phulbari in Meghalaya.



    As per L&T's classification, the valuation of the said contract lies between Rs 2,500 to 5,000 crore.

    The 19 km long bridge will be built along National Highway 127-B and will feature a Navigation Bridge of 12.625 km, approach viaducts of 3.5 km on the Dhubri side and 2.2 km on the Phulbari side, connected with approach roads and interchanges on both sides.

    The bridge will have huge strategic relevance by improving the connectivity of the North Eastern States with the rest of the country and establish a vital link between Assam and Meghalaya by reducing the distance between the two States by 250 km. Currently the travel between Dhubri and Phulbari is by ferry that takes up to 2.5 hours.

    L&T is an Indian technology, engineering, construction, manufacturing and financial services conglomerate, with global operations.

    On a consolidated basis, the company's net profit surged 118.43% to Rs 5520.27 crore on 12.15% decline in net sales to Rs 31034.74 crore in Q2 September 2020 over Q2 September 2019.

    The scrip fell 1.33% to Rs 1120.30 on the BSE. It traded in the range of 1116.60 and 1146 so far during the day.

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Flash News 16-Jan-2021
  •  ( 18:12) HDFC Bank Q3 PAT jumps 18% YoY to Rs 8,758 cr  
  •  ( 16:54) Apollo Pipes Q3 PAT spurts 145% YoY to Rs 16 cr  
  •  ( 15:04) IRB InvIT Fund Q3 PAT up over 2% to Rs 57.95 crore  
  •  ( 13:02) BEML intimates the introduction of Driverless Metro Car for MMRDA  
  •  ( 12:38) Shoppers Stop consol. Q3 December 2020 net loss widens to Rs 25.11 cr  
  •  ( 10:40) SAIL OFS gets subscribed five times  
  •  ( 10:02) Dr. Reddy’s receives DCGI approval to conduct COVID vaccine trial  
  •  ( 09:16) MSTC to sell assets of Uttar Pradesh Financial Corp.  
  •  ( 09:03) Fiat Chrysler partners with Wipro for a digital hub in India  
  •  ( 08:20) US stocks slide Friday on disappointing bank earnings  
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15 January 2021 00:00
2590.00
(-2.76 %)
674.90
(-0.16 %)
3580.70
(0.18 %)
4881.55
(0.11 %)
8631.90
(-1.33 %)
602.50
(3.84 %)
5207.60
(-1.93 %)
2631.95
(-1.95 %)
989.40
(-3.73 %)
1466.35
(-0.12 %)
2351.90
(-1.94 %)
542.80
(-1.84 %)
966.80
(-0.28 %)
1345.10
(-1.86 %)
217.90
(1.77 %)
1863.60
(-1.55 %)
1354.60
(-1.58 %)
819.40
(-1.25 %)
8021.20
(-1.55 %)
17872.25
(-1.42 %)
100.50
(-1.62 %)
101.35
(-3.48 %)
203.05
(-0.90 %)
1937.60
(-1.17 %)
303.80
(-1.11 %)
604.00
(-0.50 %)
3233.60
(-0.51 %)
1007.10
(-4.35 %)
1476.25
(-0.94 %)
5449.20
(-2.39 %)
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