Engineering major Larsen & Toubro has announced that its construction division has received Rs 2000 crore order from Wadia Group flagship company Bombay Dyeing for construction related works at its Textile Mills & Spring Mills complexes at Worli and Wadala regions of Mumbai respectively.

The scope of turnkey project involves construction of mixed-use developments of about 4 million sq.ft at the Textile Mills at Worli and 5 million sq.ft at the Spring Mills development at Wadala.

The project is likely to be finished within the next 46 months i.e. by end of December 2011.

At 12:19 pm, the shares of L&T gained Rs 4.30, or 0.15%, to trade at Rs 2,778.20 on the Bombay Stock Exchange (BSE). The total volume of shares traded was 143,270 at the BSE. The stock hit an intraday high of Rs.2795 and low of Rs.2706.

Current EPS and P/E ratio stood at 65.25 and 42.58 respectively. The share price has seen a 52-week high of Rs 4670 and a low of Rs 1552.2 on BSE.