L&T secures ₹10,000 crore order for Mumbai housing project
pre-market1 source ↓written by the desknot a recommendation
- for a large-scale
- ₹10,000 crore
- reaching 120 metres
- 26 high-rise towers
Larsen and Toubro (L&T) has secured a major order valued at up to ₹10,000 crore for a large-scale housing redevelopment project in Mumbai. The scope includes the design and construction of 26 high-rise towers reaching 120 metres, utilizing advanced precast construction technology to meet tight deadlines. This project is expected to enhance L&T's order book significantly.
The successful execution of this project may boost investor confidence and impact L&T's stock performance in the near term.
Not investment advice. For informational purposes only.