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Atmatsco shares listed at Rs 91 with 18.2% premium. IPO oversubscribed 15 times. Proceeds used for working capital and loan repayment. Manufacturer of precision equipment and heavy fabrication structures. Revenue increased 156% in FY23.
ISLAMABAD: Chinese engineers and workers working on NTDC (National Transmission and Despatch Company) Convertor...
The company won orders worth nearly Rs. 2,30,000 crore during FY23 and has provided an order intake guidance of 10-12% for FY24. L&T is a $23 billion firm that operates in more than 50 countries and is involved in EPC projects, high-tech manufacturing, and services.
The scope of work comprises engineering, procurement, construction and installation for various new offshore facilities and integration with existing installations, the company said in a statement.
L&T in a statement said that its power transmission & distribution (PT&D) business has secured multiple significant domestic EPC (engineering procurement and construction) orders. According to L&T's classification, significant orders are worth the range of Rs 1,000 crore to Rs 2,500 crore.