Larsen & Tourbo L&T

NTPC and Oil and Natural Gas Corporation (ONGC) from the Nifty 50 touched their respective 52-week highs.

Larsen and Toubro on Tuesday said it has secured a "significant" transport infrastructure development project in Dubai, UAE. The order pertains to the Phase-1 of the road development initiative undertaken by the UAE authorities, Larsen and Toubro (L&T) informed the exchanges. L&T did not provide any financial details of the order. According to company classification, a significant order ranges between Rs 1,000 crore to Rs 2,500 crore. The contract has been secured by the Transportation Infrastructure business vertical of the company for the improvement of Latifa Bint Hamdan Street in Dubai. The project is scheduled to be completed in 36 months. The scope of the project includes upgrading the existing road corridor stretching from Emirates Road (E611) to Sheikh Mohammed Bin Zayed Road (E311). The work involves widening the current two-lane dual carriageway into a four-lane dual carriageway in each direction to enhance network capacity and ease traffic flow.

With reference to news reports that Kuwait is discussing cancellation of oil project tenders worth $8.7 billion, L&T said the said project was not a part of its order book

Bharti Airtel, Larsen & Toubro, Varun Beverages, Tata Consumer Products and HPCL can rally up to 20 per cent from here, explains Drumil Vithlani, Technical Research Analyst at Bonanza.

The company eyes sharp international growth as nuclear demand accelerates

L&T to lead EPC and installation for six HVDC systems under TenneT's $33-billion offshore grid plan, marking a major step in its global clean-energy expansion

Nuvama Institutional Equities and Motilal Oswal Financial Services (MOFSL) have retained their Buy ratings on L&T, signaling confidence in the company's medium-term growth prospects.

Larsen & Toubro's heavy engineering division has secured multiple significant orders from India and abroad, including contracts in the US, Mexico, Brazil, Saudi Arabia

Stocks to buy: Ajit Mishra of Religare Broking recommends buying Cholamandalam Investment, Tata Power and L&T; also suggests Nifty trading strategy

Larsen & Toubro's Hydrocarbon Onshore business has secured an 'ultra-mega' order to set up a Natural Gas Liquids plant and allied facilities in the Middle East

L&T Finance is strengthening its market position with a focus on asset quality and leveraging AI-powered platforms like Project Cyclops

L&T is scaling its ₹2,200 crore data centre play, expanding defense and aerospace, while monitoring reforms in nuclear power and reviving its thermal portfolio

L&T to build eight 800 MW thermal power units for Adani Power under a contract worth more than ₹15,000 crore, boosting India's baseload electricity capacity

DMart, Larsen & Toubro, Mphasis, General Insurance Company, Godawari Power (GPIL) and New India Assurance (NIACL) across market categories look favourably placed on technical charts.

Technical charts show that the bias at the Larsen & Toubro counter is likely to remain positive as long as the stock trades above ₹3,437 levels.

Chairman S.N. Subrahmanyan says L&T saw robust order inflows and record profits in FY25 amid geopolitical tensions, infrastructure demand and digital expansion

Larsen & Toubro issues Rs 500 crore ESG-linked bond, the first listed deal under SEBI's new framework, setting benchmarks for transparency and sustainability in India's bond market

Ex-dividend date, June 3, 2025: The ex-date refers to when a stock began trading without the entitlement to dividends, rights issues or bonus issues

L&T focuses on transport and energy in Saudi Arabia, UAE; Afcons eyes Dubai Sewerage Project and urban tunnels as West Asia's project pipeline booms

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,