Mumbai, October 28 (Udaipur Kiran): Shares of Larsen & Toubro (L&T) advanced on Monday after the company announced that its heavy engineering vertical had secured multiple large orders valued between ₹1,000 crore and ₹2,500 crore across international and domestic markets.
At ₹3,951.65, the stock was up 0.69 percent or ₹26.95 from its previous close of ₹3,924.70 on the BSE. The scrip opened at ₹3,918.15 and touched a high of ₹3,966.00 and a low of ₹3,918.15 during the session. A total of 3,09,063 shares were traded on the counter.
The BSE Group ‘A’ stock, with a face value of ₹2, has a 52-week high of ₹3,972.00 (October 28, 2025) and a 52-week low of ₹2,967.65 (April 7, 2025). Over the last week, it traded between ₹3,972.00 and ₹3,889.30. The company’s market capitalisation currently stands at ₹5,43,812.31 crore.
Institutional investors hold 63.07 percent in the company, while non-institutional investors own 36.93 percent.
Major Order Wins
L&T’s heavy engineering vertical has received significant orders from clients across the United States, Mexico, Brazil, Saudi Arabia, and India.
-
From the US: Orders include the manufacture of vessels for an NGL fractionator project and cartridges for a blue ammonia project in Louisiana.
-
From Mexico: Equipment orders for ammonia and urea processing units for two major fertiliser plants.
-
From Brazil: Orders for critical heat exchangers in the replacement market.
-
From Saudi Arabia: A key order related to a refinery and integrated petrochemical complex, involving amendments to an existing contract for the HOFCC reactor and regenerator revamp.
-
In the nuclear power segment: The division secured contracts for critical equipment to be supplied to both domestic and international nuclear projects.
Domestically, the heavy engineering vertical also received an order for four 2RK65 Heat Exchanger Package units made of proprietary materials for a 3 MMTPA PTA7 project at Dahej, Gujarat.
Larsen & Toubro (L&T) is a leading Indian multinational engaged in technology, engineering, construction, manufacturing, and financial services, with a strong global presence in multiple sectors.
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.
