Larsen & Toubro has entered into an agreement valuing at USD 99.7 million (around Rs 660 crore), with Vietnam Border Guard.

The company has said in a BSE filing that “Larsen & Toubro (L&T) has signed the principle contract with Vietnam Border Guard for design and construction of high speed patrol vessels in India as well as transfer of design and technology along with supply of equipment and material kits for construction of follow-on-vessels at a Vietnam shipyard.”

Read EquityPandit’s Technical Analysis of Indian Stock Market