L&T secures ₹2,500 crore order for Dubai road project
after close1 source ↓written by the desknot a recommendation
Larsen & Toubro Limited's shares rose over 1% to ₹4,172 after the company secured a work order worth ₹2,500 crore for the improvement of Latifa Bint Hamdan Street in Dubai. This order is part of the Phase-1 road development initiative by UAE authorities, enhancing L&T's infrastructure portfolio.
The order is expected to bolster investor sentiment and may positively impact L&T's revenue in the coming quarters.
Not investment advice. For informational purposes only.