L&T has the following capital structure :

Book value Market value

$($Rs$.)($Rs$.)$

Equity Capital $2,50,00,0004,50,00,000$

$(25,00,000$ shares of Rs $10$each$)$

Preference capital $50,00,00045,00,000$

$(50,000,13\%$ shares of Rs$\mathrm{.}100$ each$)$

Reserves & Surplus $1,50,00,000$