Shares of Larsen & Toubro Ltd (L&T) are trading flat after touching a day’s high of Rs 3,704.20 on 3rd October, despite the company announcing that its Buildings and Factories vertical has recently won major orders in India.

Larsen & Toubro classifies orders between Rs 5,000 crore and Rs 10,000 crore as ‘major’.

The company announced that it has secured a major order from a leading multinational to construct one of the largest proposed IT parks in Bengaluru. The park will span 5.9 million sq ft and be delivered in two phases. The project comprises six towers with office space constructed on a warm shell basis. It aims for USGBC Platinum LEED certification for its sustainability.

The work involves civil structures, unitised façade glazing, architectural lighting, finishes, and electromechanical services. It also includes a GIS substation, solar PV system, LPG gas bank, as well as hardscaping, landscaping, and irrigation.

L&T’s Buildings and Factories vertical also secured an order from a major developer for a mixed-use project in Mumbai. This project is scheduled for completion in 45 months.

At 1:38 PM, the shares of Larsen & Toubro were trading 0.33% higher at Rs 3,682.50 on NSE.

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