business

L&T wins large (Rs25-50bn) order for its transportation infrastructure business from CIDCO

The project includes infrastructure development of 60m & 45m wide roads, construction of various major & minor structures and allied electrical works.

The project will include

  • 4 approach roads of 13.28 km having 9 major structures
  • 3 iconic steel bridges over Kalundre river & Mumbai-Pune Expressway
  • 12 minor bridges
  • 27 underpasses

Other approaches to the structure and utility works along with allied electrical works

Stock is currently trading at a PE of 30.8x/23.6x on the earnings of FY25/26E.

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