The minerals and metals vertical of Larsen & Toubro (NSE:LT, BOM:500510) secured a "significant" order to set up freight handling facilities in the Gulf Cooperation Council (GCC) region, according to a Thursday filing to the Indian stock exchanges.
While the company did not disclose the contract's financial details, it classifies "significant" orders as those between 10 billion Indian rupees and 25 billion rupees.
This is a repeat order from a railway company in the GCC and involves the engineering, procurement, construction & commissioning of freight handling facilities with advanced automation and control at two locations.
Shares of the company were down nearly 1% in recent trade.
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