L&T gains as its hydrocarbon onshore vertical secures order from Petronet LNG
Larsen & Toubro is currently trading at Rs. 3898.90, up by 33.40 points or 0.86% from its previous closing of Rs. 3865.50 on the BSE.
The scrip opened at Rs. 3868.55 and has touched a high and low of Rs. 3914.00 and Rs. 3860.50 respectively. So far 13526 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4194.70 on 05-Jan-2026 and a 52 week low of Rs. 2967.65 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 4092.70 and Rs. 3836.35 respectively. The current market cap of the company is Rs. 535637.44 crore.
The institutions and non-institutions held 63.07% and 36.93% stake in the company respectively.
Larsen & Toubro’s hydrocarbon onshore business vertical (L&T Onshore) has won a large order from Petronet LNG, a joint venture promoted by four leading PSUs, viz., Oil & Natural Gas Corporation (ONGC), Indian Oil Corporation (IOCL), GAIL (India) and Bharat Petroleum Corporation (BPCL). The order valued in the range of Rs 2,500 crore to Rs 5,000 crore.
The project, to be delivered entirely on a Lump Sum Turnkey basis, comprises engineering, procurement, construction and commissioning of a Liquefied Natural Gas (LNG)/Ethane doublewall storage tank with a capacity of 170,000 cubic metres and a Propane double-wall storage tank with a capacity of 140,000 cubic metres at the Dahej Petrochemical Complex in Gujarat. The scope also includes Ethane and Propane handling and despatch facilities to support the Propane Dehydrogenation and Polypropylene plant.
This project is part of India’s first petrochemical complex integrating cold energy utilisation from an LNG terminal and is expected to contribute towards bridging the domestic polypropylene demand-supply gap.
Larsen & Toubro (L&T) is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.
