L&T gains as its PT&D vertical wins grid infrastructure orders in Saudi Arabia
Larsen & Toubro is currently trading at Rs. 3999.00, up by 26.15 points or 0.66% from its previous closing of Rs. 3972.85 on the BSE.
The scrip opened at Rs. 3993.90 and has touched a high and low of Rs. 4016.90 and Rs. 3967.60 respectively. So far 49657 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4,016.90 on 29-Oct-2025 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. 4016.90 and Rs. 3889.30 respectively. The current market cap of the company is Rs. 548523.59 crore.
The Institutions and Non-Institutions held 63.07% and 36.93% stake in the company respectively.
Larsen & Toubro’s (L&T) Power Transmission & Distribution (PT&D) vertical has won a batch of grid infrastructure orders for construction of a 380 kV Substation and Transmission Lines in Saudi Arabia. The value of the orders ranges between Rs 2,500 crore to Rs 5,000 crore.
The first order pertains to the construction of a 380/33 kV Gas Insulated Substation. The scope also involves related hybrid GIS elements, 380 kV Transformers & Reactors, and subsystems for power system protection, control, automation, telecommunication, HVAC and firefighting. The second set of orders pertain to the construction of 380 kV Overhead Transmission Links for an aggregated route length of more than 420 km. As part of its National Renewable Energy Programme (NREP), Saudi Arabia is upgrading its electricity grid to support a surge in renewable energy projects. Transmission lines and substations are vital to scaling up and strengthening the country’s overall power infrastructure.
Larsen & Toubro (L&T) is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.
