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.
Budget impact: Sustained capex growth and identification of 7 high-speed rail corridors enhances medium- to long-term order inflows for EPC, railways, power transmission, defence and capital goods cos
L&T's Q3FY26 results show double-digit growth in P&M and services, strong margin expansion and a record order book, with overseas markets driving momentum
Brokerages including Emkay Global and JM Financial retained their bullish calls on L&T, citing strong order wins, healthy margins, and robust growth prospects
Stocks to Watch today: SBI Life Insurance, L&T, M&M Financial Services, ACC, SBI Cards and Cochin Shipyard are among the stocks to watch today, January 29, 2026
L&T Q3 profit dips 4% YoY due to Rs 1,191-cr Labour Codes provision; recurring PAT up 31% amid record order inflows and 10% revenue growth
L&T's revenue from operations for the quarter rose 10.49 per cent Y-o-Y to ₹71,449.7 crore, from ₹64,667.78 crore in Q3FY25. Sequentially, revenue increased 5.1 per cent from ₹67,983.53 crore
Q3FY26 company results: Firms including Cochin Shipyard, TVS Motor Company, SBI Life Insurance, Bosch, Aditya Birla Real Estate and are also to release their October-December earnings today
Key monitorables during L&T's earnings, analysts said, include a ramp-up in domestic ordering, conversion of prospect pipeline, private sector ordering, margin performance, and working capital cycle
The total book size of the retail financier expanded by 20 per cent YoY to Rs 1,14,285 crore at the end of December 2025 from Rs 95,120 crore in Q3FY25
The EPCC project at Gujarat's Dahej Petrochemical Complex includes LNG, ethane and propane storage tanks and handling facilities, supporting India's first integrated petrochemical complex
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
At 03:13 PM; the BSE Capital Goods index was down 2.3 per cent, as compared to 0.91 per cent decline in the BSE Sensex.
The company said the partnership is meant to support frontline artillery systems that are already in service with the Army
The brokerage highlights a robust export outlook for companies in renewables and T&D, with select EPC and product companies benefiting from international demand.
Larsen & Toubro stock price has broken out on the daily chart to close at all-time high
Geojit Investments has a positive outlook on the overall market driven, mainly, by expectations of easing geopolitical risks and moderating tariff differences in 2026
Infrastructure major Larsen & Toubro (L&T) on Monday said it has bagged a "significant" order for the Hyderabad Greenfield Radial Road project. The contract, awarded to L&T's transportation infrastructure business vertical, covers the second phase of the project in Ranga Reddy district. L&T classifies an order amount ranging between Rs 1,000 cr to Rs 2,500 cr as 'significant'. It involves the construction of a "22.3 km 3+3 lane access-controlled radial road" to boost connectivity in the region, L&T said in a filing to BSE. The Hyderabad Greenfield Radial Road phase-2 holds strategic importance as the first radial connector linking Hyderabad's outer ring road to the proposed 340-km regional ring road , enhancing regional connectivity. It will improve access to key growth hubs like IT corridors and electronic city, driving economic development in Telangana's Ranga Reddy district. Under the contract, the infrastructure firm will construct a 3.6 km long viaduct, minor .
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.
Analysts reckon L&T Realty can achieve sales of Rs 8,500 crore, translating into an operating profit of Rs 4,700 crore by FY30