{"id":506590,"date":"2022-07-19T09:39:02","date_gmt":"2022-07-19T04:09:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=506590"},"modified":"2022-07-19T10:06:53","modified_gmt":"2022-07-19T04:36:53","slug":"lt-gains-3-as-realty-arm-signs-3-projects-worth-1-billion-in-mmr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lt-gains-3-as-realty-arm-signs-3-projects-worth-1-billion-in-mmr\/","title":{"rendered":"L&amp;T gains 3% as realty arm signs 3 projects worth $1 billion in MMR"},"content":{"rendered":"<p>Shares of Larsen &amp; Toubro (L&amp;T) were up 3 per cent to Rs 1,734 on the BSE in Monday&#8217;s intra-day trade after the company announced that its realty arm has signed three projects worth $1 billion in the Mumbai Metropolitan Region (MMR). With today&#8217;s gain, the stock of the engineering, designing &amp; construction company has rallied 18 per cent in the past one month. In comparison, the S&amp;P BSE Sensex was up 6 per cent during the same period. <\/p>\n<p>&#8220;L&amp;T Realty, the realty arm of L&amp;T, has entered into a binding agreement to jointly develop projects in South Mumbai, Western Suburbs and Thane worth Rs 8,000 crore ($1 billion), with development potential of 4.4 million square feet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Larsen &amp; Toubro (L&amp;T) were up 3 per cent to Rs 1,734 on the BSE in Monday&#8217;s intra-day trade after the company announced that its realty arm has signed three projects worth $1 billion in the Mumbai Metropolitan Region (MMR). With today&#8217;s gain, the stock of the engineering, designing &amp; construction company has rallied 18 per cent in the past one month. In comparison, the S&amp;P BSE Sensex was up 6 per cent during the same period. &#8220;L&amp;T Realty, the realty arm of L&amp;T, has entered into a binding agreement to jointly develop projects in South Mumbai, Western [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-506590","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/506590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=506590"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/506590\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=506590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=506590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=506590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}