Page 2 - Larsen & Toubro Ltd News

Larsen & Toubro gains 3%, nears record high; what's driving infra stock?

L&T hit 10-month high of ₹3,837.95 is quoting close to its all-time high level of ₹3,963, touched on December 10, 2024.

L&T secures large orders for power grid infrastructure in West Asia

Infrastructure major Larsen & Toubro (L&T) on Monday said its power transmission and distribution vertical has bagged 'large' grid infrastructure orders in the Middle East. According to the company's project classification, a 'large' order is worth Rs 2,500 crore to Rs 5,000 crore. The 400kV super grid interconnection linking the electricity networks of GCC member states has helped in efficient utilization of generation capacity and has improved the overall grid resilience, the company said in a regulatory filing. Currently, the network of the Sultanate of Oman is connected to this interconnection through UAE's grid at 220kV. Now a direct interconnection is being established at 400 kV level for which a 400 kV substation in UAE is crucial, the company added. L&T PT&D has won an order to engineer, procure and construct this 400 kV Substation, the filing said. According to the filing, the company has bagged another order for building a set of new 132kV substations in the .

Citi starts coverage on six industrials; sees capex entering consolidation

Citi said that it prefers execution leaders exposed to key thematics, with Cummins India and Bharat Electronics as its top picks

L&T bags ₹15,000 crore order for natural gas liquids plant in Middle East

The order for setting up a large-scale natural gas liquids plant marks one of L&T's biggest global EPC wins and strengthens its position in the hydrocarbon sector

L&T shares rise 2% after Hydrocarbon Onshore business wins ₹15,000-cr order

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 up 2%, outperforms market; here's why JM Financial sees more upside

In the past one month, L&T has outperformed the market and rallied 5 per cent, as compared to 0.1 per cent rise in the BSE Sensex.

L&T rises on inking pact with BEL for 5th Gen fighter aircraft programme

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.

L&T extends rally to 4th day, up 3% on winning significant order from NPCIL

L&T share price outlook: Analysts at ICICI Securities believe given the backlog growth and pick up in execution there remains a strong revenue growth over the medium term.

L&T bags ₹2,500-5,000 cr deal for Mumbai-Ahmedabad bullet train corridor

In April 2022, L&T was awarded a contract covering 116 km from south of Vadodara to the Sabarmati depot under the same project

Indian firms delay expansion plans amid demand, trade uncertainty: BofA

Firms are focusing on paying down debt, opting for refinancing rather than expanding capacity, Shankar Subramaniam, the bank's head of India corporate banking said

L&T looks to build on defence and data centre foundation in India

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

Private capex now substantial in order book: L&T chief S N Subrahmanyan

L&T eyes growth with record orders, rising private capex, $100 bn valuation, global projects, and a new strategy focusing on services, tech, and financial businesses

Centre's decision to rationalise GST is positive: L&T's S N Subrahmanyan

During pandemic, private capex was almost zero and orders came largely from govt and multilateral projects. Today, private investment is returning strongly, Larsen & Toubro (L&T) CMD S N Subrahmanyan

L&T extends rally on order win from Adani Power; brokerage sees more upside

L&T has won an ultra mega order worth over Rs 15,000 crore for the supply of Boiler Turbine and Generator (BTG) along with auxiliaries for 6400 MW (800x8) thermal power plant to Adani power.

L&T bags over ₹15,000 crore Adani Power order for 6,400 MW thermal project

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

L&T terminated contracts of suburban rail project illegally, says K-RIDE

The termination of two contracts for Corridor-2 and Corridor-4 of the Bengaluru Suburban Rail Project (BSRP) by Indian multinational conglomerate Larsen & Toubro is a clear violation of agreement conditions, said officials of K-RIDE, a joint venture between the government of Karnataka and the Ministry of Railways, on Saturday. L&T had terminated the contract on July 31, added K-RIDE. "L&T has made unreasonable demands of revising contract price within the contract period and converting EPC contract into an itemised Bill of Quantities (BOQ) contract, even though contract condition does not permit the same," stated a press release issued by K-RIDE on Saturday. According to the release, L&T had entered into two agreements to perform the work assigned to them in the Corridor-2 (Chikkabanavara to Benniganahalli) and Corridor-4 (Heelalige to Rajankunte) of the suburban railway project, added the release. Originally, the scheduled completion time for Corridor-2 (C2) was 27 ...

L&T secures large contract from Hindustan Zinc for Debari plant upgrade

Larsen & Toubro (L&T) on Friday said it has bagged an order in the range of Rs 2,500-5,000 crore from Vedanta group firm Hindustan Zinc for designing and commissioning of one of its plants. The project has been awarded to the minerals and metals business vertical of L&T, a company filing said. As part of its expansion plans, Hindustan Zinc is setting up a 250 kilotonne per annum (KTPA) leaching, purification and cellhouse facility, along with a 125 KTPA Jarosite Circuit at its Debari Smelter Complex in Rajasthan. The facility will produce special high grade zinc cathodes. "The scope encompasses design and engineering, procurement, complete site services including installation and commissioning of calcine storage, leaching, purification, and electrowinning (Jumbo Cell House) plant," the filing said. "This win reaffirms L&T's leadership in the minerals and metals sector and underscores our commitment to delivering excellence that ensures customer satisfaction," T ...

These 2 large-, mid-, small-cap stocks can rally up to 22%, say charts

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

Breakout Alert! L&T stock may cross ₹4,000-mark, gain over 11%, hints chart

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.

L&T Q1 net profit grows 30% to ₹3,617.2 crore on higher ops revenue

Larsen & Toubro reports a 30% YoY profit growth for Q1 FY26 to ₹3,617 crore, driven by strong project execution and healthy revenue growth, surpassing analysts' estimates