L&T unit wins large contract in Dubai worth ₹7,500 crore
after close1 source ↓written by the desknot a recommendation
- valued
- ₹7,500 crore
Larsen and Toubro's transportation infrastructure division has secured two contracts from Dubai's Roads and Transport Authority, valued up to ₹7,500 crore. The contracts are classified as 'large' and 'significant', reflecting L&T's strong position in international markets. This development is expected to enhance L&T's order book and boost investor sentiment.
• First contract connects Al Khail Road
• Second contract focuses on Latifa Bint Hamdan Corridor
Immediate market implications may include increased trading activity in L&T shares.
Not investment advice. For informational purposes only.