Larsen And Toubro

Infrastructure major Larsen & Toubro (L&T) on Tuesday said it has bagged an order valued between Rs 2,500 crore to Rs 5,000 crore from the joint venture of state-owned Coal India Limited and Bharat Heavy Electricals Limited for the development of a coal-to-ammonium nitrate project in Odisha. The project is likely to produce 2,000 tonnes of ammonia nitrate per day, reducing import dependence, conserving foreign exchange and strengthening domestic industrial capabilities in energy and chemicals sectors. "L&T Energy Hydrocarbon Onshore has won large order from Bharat Coal Gasification and Chemicals Ltd (BCGCL), a joint venture of Coal India Ltd (CIL) and Bharat Heavy Electricals Ltd (BHEL)," the infrastructure firm said in a filing to BSE. The order encompasses the development of the nitric acid and ammonium nitrate Plant, to be executed on a lump sum turnkey basis. "Once operational, the facility will enable the conversion of coal into ammonium nitrate with a planned ...

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Acquisition of ₹1,123 crore adds Gurugram to co portfolio amid expansion

Infrastructure major Larsen & Toubro on Monday said one of its subsidiaries, L&T Realty Properties Ltd, has bought a 100 per cent stake in International Green Scapes Ltd (IGSL), unlocking 20 acres of prime land in Gurugram for real estate development. This is the first land acquisition in the National Capital Region (NCR) micro-market by L&T Realty Properties Ltd (LTRPL), and offers a development potential of about 3.6 million square feet. On April 10, Larsen & Toubro had announced that it had executed a Share Purchase and Shareholders' Agreement for the acquisition of a 100 per cent stake in International Green Scapes Ltd (IGSL) for Rs 1,123 crore. This acquisition will enable L&T Realty Properties to leverage the land owned by IGSL for enhancing and expanding its real estate development portfolio, L&T had said. L&T Realty Properties completed the acquisition on April 13, 2026. The NCR land acquisition significantly bolsters L&T's real estate portfolio

Larsen & Toubro (L&T) on Thursday said it has bagged a contract from Oberoi Realty for the construction of seven high-rise residential towers in Gurugram. The project has been bagged by the buildings and factories business vertical of L&T, the company said in a filing to BSE. The vertical has also bagged many other orders in the domestic market, including for construction of proving ground (testing place) from an international company in Haryana. The facility will boost testing infrastructure for vehicles embedded with latest technology. Besides the proving ground, the scope includes finishing works and external development relevant to the facility. The deal size of the orders was not disclosed by the company. The company's buildings and factories vertical possesses domain knowledge, expertise and experience in delivering EPC solutions across segments such as, hospitals, public spaces, airports, data centre, residential buildings, commercial spaces and factories. Larsen ...

Elara said the Nifty50 is currently trading at around 17.3 times one-year forward earnings, nearly 7 per cent below its 10-year average of 18.6 times, placing it in a historical 'bounce zone'

The combined market valuation of six of the top-10 valued firms climbed Rs 63,478.46 crore last week, led by Larsen & Toubro and State Bank of India, which emerged as the biggest winners. The 30-share BSE Sensex rose 187.95 points, or 0.22 per cent, over the past week. Larsen & Toubro, State Bank of India (SBI), HDFC Bank, Life Insurance Corporation of India (LIC), Bajaj Finance, and Reliance Industries were the gainers, while Bharti Airtel, ICICI Bank, Infosys, and Tata Consultancy Services saw their valuations erode. The market valuation of Larsen & Toubro jumped by Rs 28,523.31 crore to Rs 6,02,552.24 crore. SBI added Rs 16,015.12 crore to Rs 11,22,581.56 crore. The valuation of HDFC Bank climbed by Rs 9,617.56 crore to Rs 14,03,239.48 crore, and that of LIC edged higher by Rs 5,977.12 crore to Rs 5,52,203.92 crore. The market capitalisation (mcap) of Bajaj Finance advanced Rs 3,142.36 crore to Rs 6,40,387 crore, and that of Reliance Industries went up Rs 202.99 crore ..

Larsen and Toubro's Chief Financial Officer R Shankar Raman is anticipating a ten per cent increase in capital expenditure outgo in the upcoming budget for FY27. Amid concerns about sagging private capital expenditure growth, Raman said that he does not fear a "crowding out" of resources because of the high spending by the state. The ample liquidity in the system will support such investments. "If India is to become a developed economy by 2047, infrastructure has a lot of role to play, and I think the government is seized of this. I am hopeful that they will allocate adequate resources in the budget to be able to do that," Raman told PTI recently. Pointing to the over Rs 11 lakh crore commitment for capital expenditure in the FY26 budget, Raman said the new document to be presented by Finance Minister Nirmala Sitharaman in a few weeks will continue on the same lines. "They will possibly go for a 10 per cent increase...that is what I am anticipating, but that's at a personal level,"

Over the last ten calendar years (2016-2025), the Sensex has delivered annual returns consistently, albeit uneven. The strongest year of the decade was 2017, when the index surged 27.9 per cent.

L&T has approved transferring its Realty BU to wholly owned L&T Realty through a slump sale under a scheme, kicking off a phased consolidation of all real estate assets under one entity

Infrastructure major Larsen & Toubro (L&T) on Friday said that it has entered into a strategic pact with US-based Atomics Aeronautical Systems, Inc. (GA-ASI) for manufacturing unmanned aircraft systems for the Indian Army. Under the partnership, both the firms will together manufacture Medium Altitude Long Endurance (MALE) Remotely Piloted Aircraft Systems (RPAS) in India. L&T's engineering, precision manufacturing and system integration capabilities in defence and aerospace and GA-ASI operational expertise will be utilised in this strategic pact. "Under this partnership, L&T will participate in the upcoming 87 MALE RPAS programme of the Ministry of Defence, where L&T will be the prime bidder and GA-ASI the technology partner," the infrastructure major said in a filing to the BSE. The collaboration will enable the production of GA-ASI's MQ-series RPAS that are combat proven. These are widely operational across the globe with millions of flight hours in surveillance

The profit, however, missed Bloomberg analysts' poll estimate of Rs 4,004.7 crore. The revenue also missed the analysts' estimate of Rs 70,478.1 crore

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Infrastructure major Larsen & Toubro (L&T) on Friday said it has bagged an order from Hindalco to set up an aluminium smelter for its upcoming project in Odisha and another project from Tata Steel to build a coke oven battery. Both orders have been bagged by the minerals and metals business vertical of Larsen & Toubro. These orders are part of multiple orders secured by the vertical in India recently. In a filing to the BSE, L&T said it has bagged "an order from Hindalco for setting up a 180 KTPA aluminium smelter along with the gas treatment centre for their upcoming greenfield project in Odisha." According to filing, it "has also secured an order for setting up... coke oven battery 6 A/B from TATA Steel, Jamshedpur." The scope of work includes engineering, manufacturing, supply, construction and plant installation. "These order wins across the aluminium and steel sectors are a testament to L&T's engineering excellence, execution capability and enduring customer ..

At 1:10 PM, L&T shares were trading near day's high level, up 1.19 per cent at ₹3,701.95 per share. In comparison, BSE Sensex was trading 0.24 per cent lower at 81,906.96 levels.

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L&T will supply 10,000 tonnes of green hydrogen annually to IOCL from the Panipat plant under a 25-year build-own-operate contract aimed at industrial decarbonisation

MUMBAI (Reuters) -Indian infrastructure major Larsen & Toubro could raise funds through environmental, social and governance bonds again, after its first-ever issuance of the notes was sold at a premium, a company spokesperson said on Wednesday.

Infrastructure major Larsen & Toubro (L&T) on Tuesday said that it has bagged "significant" orders from Rajasthan government. L&T classifies orders worth between Rs 1,000 crore and Rs 2,500 crore as 'significant'. The projects have been bagged by the water and effluent treatment business vertical of L&T from the public health engineering department of Rajasthan, L&T said in a filing to BSE. The company said it has "won an EPC order for the Rajasthan Rural Water Supply and Fluorosis Mitigation Project' Phase II, Package-1". The scope of the project encompasses "supply and installation of 5,251-km transmission and distribution pipelines, construction of 38 ground level reservoirs with an aggregate capacity of 40 ML, 20 pump houses and 132 overhead service reservoirs with an aggregate capacity of 25 ML", it said. The project is aimed at meeting the demand for water in 285 villages and the towns of Surajgarh and Udaipurwati in Jhunjhunu district. Another project ...

The Bombay High Court on Tuesday denied relief to construction giant Larsen & Toubro (L&T) in connection with the dispute over the Thane-Ghodbunder to Bhayandar tunnel and elevated road projects, giving a go-ahead for the opening of tender bids. A vacation bench of Justices Kamal Khata and Arif Doctor said it was not continuing its interim stay passed last week restraining the Mumbai Metropolitan Region Development Authority (MMRDA) from opening the financial bid, which is the last stage of the tendering process. The financial bid was scheduled to be opened on May 13. L&T had filed two petitions in the high court earlier this month, challenging the non-intimation of the status of its bid by the MMRDA for the projects. The bench on Tuesday rejected the petitions but directed the MMRDA to keep the company's price bids in a sealed cover for one week after the tender is opened. "We are not continuing the earlier interim order of stay," the court said. The construction company,