Larsen and Toubro's (L&T) Buildings and Factories Operating Company, a part of its Construction Division, has pocketed new orders worth Rs 1585 crore during the July-September period for building up residential projects, factories, office space, hotel in addition to add on orders from different continuing projects.

The orders aggregating Rs 435 crore have been pocketed for constructing residential building projects from major developers.

Further, the company received orders worth Rs 781 crore from reputed customers for building hotel, office building and additional orders from its continuing airport and commercial building projects.

The orders worth Rs 369 crore have been received from esteemed clients for constructing factory building projects comprising add on orders.

During the last month, the construction division of L&T has bagged deals worth Rs 7 billion from different clients.

In the water segment, the firm received two orders including Rs 3.75 billion order from Jabalpur Municipal Corporation and Rs 1.65 billion from Haryana State Industrial and Infrastructure Development Corporation.

In material handling segment, the company pocketed deals aggregating Rs 1.60 billion from Bhushan Steel.

On Friday (Oct 09), the stock of the company ended the week at Rs 2041.90, up 0.2%, on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 2117 and a low of Rs 1395.50 on BSE.

Current EPS & P/E ratio stood at 53.93 and 37.86 respectively.