L&T Shares Slump 2% Despite Securing Large Order
Larsen & Toubro Ltd (L&T) were trading in the red and 2% lower on Tuesday, 5 May, despite announcing that its hydrocarbon onshore business has received a “large” order from Bharat Coal Gasification and Chemicals Ltd. (BCGCL), a joint venture of Coal India Ltd. and Bharat Heavy Electricals Ltd. (BHEL), for a coal-to-ammonia-nitrate project in…