Introduction:
Leading large-cap company has secured significant orders for high-rise residential projects in Mumbai, Bangalore, and Chennai. The projects include ultra-luxury towers, reinforcing its expertise in construction while also securing additional contracts to strengthen its growing order book.
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Share price movement of L&T:
On March 5, 2025, Larsen & Toubro Ltd. opened at ₹3,212.60, slightly down from its previous close of ₹3,213.30. The stock hit a high of ₹3,239.00 (0.80%) and a low of ₹3,190.00. By 12:17 PM, it traded at ₹3,231.45, a 0.56% increase, with a market capitalization of ₹4,44,380.93 crore.
L&T Secures Significant Orders for Residential Projects Across Key Cities:
Larsen & Toubro’s Building & Factories (B&F) division has secured significant contracts worth between ₹1,000 crore and ₹2,500 crore for constructing residential towers in Mumbai, Bangalore, and Chennai. The projects involve ultra-luxury and high-rise developments, reinforcing the company’s expertise in real estate construction.
The Mumbai project includes two ultra-luxury high-rise towers reaching up to 273 meters. In Bangalore, L&T will develop 14 luxury towers on a design-and-build basis, while Chennai will see the construction of 25 luxury towers. All projects are set to be completed within stringent timelines, highlighting L&T’s engineering and execution excellence.
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Additionally, L&T has received several add-on orders for its ongoing projects. With a strong legacy in EPC, high-tech manufacturing, and infrastructure, the company continues to expand its footprint in India’s construction sector.
Recent news on L&T:
As of February 01, 2025, Larsen & Toubro Ltd. secured a key contract for the Oman-UAE railway project. Partnering with Power China, the company will develop railway logistics facilities in Al Buraimi and Sohar, enhancing freight handling and multimodal connectivity.
Stock performance of L&T for Period of 1 week, 6 months, and 1 year:
Larsen & Toubro Ltd. has shown a marginal decline of 0.40% over the past week. The stock has dipped 10.1% in six months and declined 11.1% over the past year, reflecting ongoing market volatility and sectoral challenges.
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Shareholding pattern of L&T:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 0% | 0% | 0% |
| FII | 20.80% | 21.70% | 23% |
| DII | 42.00% | 40.80% | 39.30% |
| Public | 37.20% | 37.50% | 37.90% |
About L&T:
Larsen & Toubro Ltd (NSE: LT) is a leading multinational conglomerate offering EPC solutions across infrastructure, hydrocarbon, power, process industries, and defense. It also operates in IT and financial services, serving both domestic and international markets.
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.
