Introduction:
Large-cap stock has secured nearly ₹5,000 crore in power transmission and distribution orders across India, Saudi Arabia, and Abu Dhabi. These projects strengthen its global presence, supporting renewable energy expansion and reinforcing its leadership in the EPC and infrastructure sectors.
Share Price movement of Larsen & Toubro:
On March 3, 2025, Larsen & Toubro Ltd opened at ₹3,165.95, reaching a high of ₹3,227.00, up 0.93% from its previous close of ₹3,163.85, and a low of ₹3,160.00. Currently, it is trading at ₹3,193.30, with a market cap of ₹4,39,134.64 crore.
Larsen & Toubro share price rise:
Larsen & Toubro’s Power Transmission & Distribution (PT&D) vertical has secured new orders in India and abroad. It will implement 765kV and 400kV transmission lines for a Renewable Energy Zone in Uttar Pradesh. Additionally, it will construct a 400kV transmission line for power evacuation in southern India.
Internationally, L&T secured a contract in Saudi Arabia for a 380kV Gas Insulated Substation (GIS). The project includes associated Reactors and hybrid GIS Bays. In Abu Dhabi, it received an order to set up a 220/33kV grid station, securing orders worth nearly ₹5,000 Cr for its power transmission business.
These repeat orders highlight L&T’s role in building efficient grid infrastructure. With a strong customer focus and eight decades of expertise, the company continues expanding renewable energy networks. It maintains leadership in EPC projects, manufacturing, and services across global markets.
Also Read: Infra stock jumps 3% after receiving order ₹109 Cr from Tamil Nadu Govt
Recent news About Larsen & Toubro:
In the third quarter, L&T reported a 14% year-on-year increase in consolidated net profit, reaching ₹33.59 billion, though this fell short of market expectations. The company’s revenue grew by 17.3% during the same period. Notably, L&T secured a record ₹1.16 trillion in new orders, with over half originating from international markets, particularly the Middle East.
Stock performance of Larsen & Toubro for Period of 1 week, 6 months and 1 year:
Larsen & Toubro’s stock declined by 2.88% over the past week, reflecting short-term weakness. Over six months, it dropped 13.3%, indicating consistent downward pressure. The one-year performance shows a 13.4% decline, highlighting sustained challenges impacting investor sentiment and overall stock movement.
Also Read: Transformer stock jumps 4% after receiving order ₹350 Cr from Adani Group and others
Shareholding pattern of Larsen & Toubro:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| FII | 20.83 | 21.72 | 22.85 |
| DII | 41.71 | 40.57 | 39.02 |
| Retail & others | 37.45 | 37.71 | 38.12 |
About Larsen & Toubro :
Larsen & Toubro is a leading multinational engaged in EPC projects, manufacturing, and services. With eight decades of expertise, it operates across diverse sectors, including infrastructure, power, defense, and technology, driving innovation and contributing to India’s industrial and economic growth.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
