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2026-09-21 10:30:15 am | Source: Accord Fintech
L&T gains as its arm partners with Tata Electronics
L&T gains as its arm partners with Tata Electronics

Larsen & Toubro is currently trading at Rs. 3888.95, up by 28.95 points or 0.75% from its previous closing of Rs. 3860.00 on the BSE.

The scrip opened at Rs. 3887.00 and has touched a high and low of Rs. 3905.85 and Rs. 3880.05 respectively. So far 5622 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4440.00 on 24-Feb-2026 and a 52 week low of Rs. 3288.65 on 23-Mar-2026.

Last one week high and low of the scrip stood at Rs. 3964.90 and Rs. 3799.20 respectively. The current market cap of the company is Rs. 536461.46 crore.

The Institutions and Non-Institutions held 62.39% and 37.60% stake respectively in the company. 

Larsen & Toubro’s (L&T) wholly-owned subsidiary -- L&T Semiconductor Technologies and Tata Electronics, a pioneering leader in India’s electronics and semiconductor manufacturing sector, have entered into strategic partnership to expand indigenous manufacturing of market-leading chip products in India to serve global customers. The alliance aims to build indigenous design and manufacturing capabilities to support next-generation products across automotive, industrial, communications, security and intelligent-edge sectors.

The partnership brings together L&T Semiconductor Technologies’ fabless design innovation with Tata Electronics’ semiconductor packaging and foundry capabilities to advance domestic chip manufacturing. Both the companies will jointly explore chip fabrication and packaging opportunities for L&T Semiconductor’s current and future products across Tata Electronics’ range of fab process technologies and packaging solutions. The collaboration will also include chip design to fabrication optimisations with a focus on ensuring efficient manufacturing at scale.

The partnership aligns with Government of India’s vision to ‘Manufacture in India – for India and for the World’, reflecting a long-term commitment to Semicon 2.0’s focus on domestic ecosystem development and value addition, to position India as a leader in the global semiconductor industry. Together, L&T Semiconductor Technologies and Tata Electronics aim to advance packaging technologies, manufacturing excellence and quality systems that reinforce India’s semiconductor mission.

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