Mumbai, October 29 (Udaipur Kiran) — Shares of Larsen & Toubro (L&T) traded higher on Tuesday after the company’s Power Transmission & Distribution (PT&D) vertical won significant grid infrastructure orders in Saudi Arabia, valued between ₹2,500 crore and ₹5,000 crore.
The stock was trading at ₹3,999.00, up ₹26.15 or 0.66%, compared to its previous close of ₹3,972.85 on the BSE. The scrip opened at ₹3,993.90 and touched an intraday high of ₹4,016.90 and a low of ₹3,967.60. So far, 49,657 shares have been traded on the counter.
The BSE Group ‘A’ stock, with a face value of ₹2, has touched a 52-week high of ₹4,016.90 on October 29, 2025, and a 52-week low of ₹2,967.65 on April 7, 2025. Over the past week, the stock has traded between ₹4,016.90 and ₹3,889.30. The company’s market capitalization now stands at ₹5,48,523.59 crore. Institutional investors hold 63.07%, while non-institutional investors own 36.93% of the equity.
Details of the Saudi Orders
L&T’s PT&D division secured contracts for the construction of a 380 kV substation and associated transmission lines in Saudi Arabia.
The first order involves setting up a 380/33 kV Gas Insulated Substation (GIS), including hybrid GIS components, transformers, reactors, and subsystems for protection, control, automation, telecommunication, HVAC, and firefighting systems.
The second order covers the construction of 380 kV overhead transmission links spanning a total route length of more than 420 km.
These projects are part of Saudi Arabia’s National Renewable Energy Programme (NREP), which aims to modernize and expand the kingdom’s electricity grid to support the rapid growth of renewable energy capacity. The transmission lines and substations will play a vital role in strengthening the nation’s power infrastructure and integrating new clean energy projects.
Larsen & Toubro (L&T) is one of India’s largest multinational conglomerates with operations in technology, engineering, construction, manufacturing, and financial services, and a strong global presence in infrastructure development.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.