L&T's Metals & Minerals business has secured multiple mega orders worth over Rs 10,000 crore, including EPC contracts for iron ore, steel and zinc processing projects across India
Larsen & Toubro has secured multiple orders from leading domestic metals and mining companies, including contracts for an iron ore handling plant in Chhattisgarh.
The partnership will combine L&T Vyoma's sovereign AI infrastructure with Fortanix's data security platform and Nvidia Confidential Computing technology
While retaining HDFC Bank, Bernstein has added Axis Bank to its portfolio amid hopes of an improvement in asset quality and a more favourable trajectory for credit costs.
Looking ahead, L&T's management expects sustained demand across infrastructure, hydrocarbon, renewables, power T&D, power capabilities and water treatment in both domestic and international.
Among sectors, Bernstein expects oil marketing companies (OMCs) will likely stand to benefit from reduced crude oil prices that dropped around 4 per cent on Monday to $83 a barrel (bbl)
L&T has a strong presence across infrastructure, hydrocarbon, power transmission, and industrial projects in various countries of the Middle East.
Larsen & Toubro is betting big on automation, robotics and technology-led solutions to scale up construction activities as increasing manpower alone may not be a viable option for growth, a top official of the company said. "What we have been doing over the last 3-4 years in particular is to create automation to the level that we did not expect construction industry to engage. Our effort has been to automate as much as possible," said L&T chief financial officer R Shankar Raman at ICICI Securities India Investors Conference 2026. He said the company's order book has increased to around Rs 7.5 lakh crore from Rs 3-3.5 lakh crore five years ago, while the workforce engaged in execution has grown from 1.5 lakh direct and indirect workers to about 4 lakh. Raman said the company is focusing on automation to address execution challenges and reduce dependence on traditional labour-intensive construction methods. "Our effort has been to automate as much as possible. Make construction .
Jefferies' top picks include Siemens Energy (SE), Hitachi Energy (Hitachi), Hindustan Aeronautics (HAL), Bharat Electronics (BEL), KEI Industries, and Larsen & Toubro (L&T)
L&T says coal gasification aligns with its energy-transition strategy and will be evaluated selectively amid the government's push for cleaner use of domestic coal
Looking ahead, L&T's management expects sustained demand across infra, hydrocarbon, renewables, power T&D, power capabilities and water treatment in both domestic and international markets.
Among the key announcements, L&T Technology Services has declared the highest dividend payout at ₹40 per share as final dividend, while Larsen & Toubro has announced a final dividend of ₹38 per share
Amol Athawale, technical analyst at Kotak Securities believes that M&M Finance is still showing some positive structure; while cautions of a weaker set-up in case of Larsen & Toubro and Hero MotoCorp.
Among the announcements, L&T Technology Services has declared the highest final dividend of ₹40 per share, with May 22, 2026, fixed as the record date to determine eligible shareholders
While the bulk of foreign selling is likely over after the outflows over the recent months, Goldman Sachs does not see foreign investors returning to Indian shores in a hurry, even if oil prices dip.
Larsen & Toubro has secured a mega metals sector order from JSW Steel for expansion projects in Karnataka and Odisha as the steelmaker scales capacity
L&T has secured its largest domestic metals-sector order from JSW Steel to build critical facilities as the steelmaker expands capacity in Ballari and Paradip
Q4 execution was impacted by ₹5,000 crore revenue slippage due to supply chain disruptions in the Middle East and delays in water projects, indicating near-term execution headwinds.
L&T posts marginal decline in Q4 profit due to base effect, while revenue grows 11% on strong order inflow; board recommends Rs 38 per share dividend
BENGALURU, May 5 - India's Larsen & Toubro posted a 3.1% fall in quarterly profit on Tuesday, as the Middle East war disrupted he infrastructure giant's projects in the region.