Larsen & Toubro share price jumped over 1% to hit a 52-week high of ₹4,016.70 on Wednesday, October 29, ahead of the engineering and infrastructure conglomerate's September quarter earnings announcement.
Meanwhile, L&T also reported securing major infrastructure and engineering orders worth up to ₹5,000 crore across its Power Transmission & Distribution and Heavy Engineering divisions, further boosting investor sentiment.
Larsen & Toubro informed exchange that their meeting of the Board of Directors of the Company will be held on Wednesday, 29th October 2025, inter alia, to consider and approve the unaudited consolidated and standalone financial results of the Company for the quarter and half-year ended 30th September 2025.
Larsen & Toubro (L&T), a USD 30 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, and Services, announced securing two major sets of orders across its Power Transmission & Distribution (PT&D) and Heavy Engineering verticals in October 2025.
On October 29, 2025, L&T’s Power Transmission & Distribution (PT&D) vertical won a batch of ‘Large’ grid infrastructure orders in Saudi Arabia, valued between ₹2,500 crore and ₹5,000 crore. These projects align with Saudi Arabia’s National Renewable Energy Programme (NREP) to enhance grid capacity and support renewable energy integration.
The scope of work includes constructing a 380/33 kV Gas Insulated Substation (GIS) featuring hybrid GIS elements, 380 kV transformers and reactors, and related subsystems for control, automation, telecommunication, HVAC, and firefighting. Additionally, L&T will build 380 kV overhead transmission links spanning over 420 km, aimed at strengthening the kingdom’s power infrastructure.
Similarly, on October 28, 2025, L&T’s Heavy Engineering vertical secured multiple ‘Significant’ orders, valued between ₹1,000 crore and ₹2,500 crore, across domestic and international markets. The international orders include manufacturing vessels for an NGL fractionator project and a Blue Ammonia project in Louisiana (US), ammonia and urea equipment for fertilizer plants in Mexico, heat exchangers for the replacement market in Brazil, and a contract amendment for a refinery and petrochemical complex in Saudi Arabia involving HOFCC Reactor and Regenerator revamp. The vertical also bagged orders for critical nuclear power equipment for both global and Indian projects.
In the domestic market, the Heavy Engineering division secured an order to supply four units of the 2RK65 Heat Exchanger Package using proprietary Material of Construction (MOC) for a major customer’s 3 MMTPA PTA7 project at Dahej, Gujarat. These cumulative orders reinforce L&T’s technical expertise and global reputation for delivering advanced, high-quality engineering solutions across industries.
Larsen & Toubro share price hit an all-time high on Wednesday ahead of its Q2 FY26 results. The stock price jumped over 1% and touched an intraday high of ₹4,016.70 per share. With this strong rally, the total market cap of Larsen & Toubro has touched ₹5.5 lakh crore. As of 11:59 am IST, the stock price was trading at ₹3,959.40 per share, down by 0.34%.
On a year-to-date basis, the stock price has surged by 9.94% while in the last 6 months it is up by 19.04%.
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