L&T gains on securing order for Hydrocarbon Offshore business vertical

Larsen & Toubro is currently trading at Rs. 3441.85, up by 19.65 points or 0.57% from its previous closing of Rs. 3422.20 on the BSE.
The scrip opened at Rs. 3412.65 and has touched a high and low of Rs. 3461.20 and Rs. 3405.50 respectively. So far 769297 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3963.00 on 10-Dec-2024 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. 3492.65 and Rs. 3405.30 respectively. The current market cap of the company is Rs. 474774.07 crore.
The institutions holding in the company stood at 63.05%, while Non-Institutions held 36.95% stake in the company.
Larsen & Toubro’s (L&T) Hydrocarbon Offshore business vertical -- L&T Energy Hydrocarbon Offshore has secured an ultra-mega order from a prestigious client in the Middle East. The order encompasses multiple offshore packages, and the scope includes engineering, procurement, construction and installation of offshore structures, along with the upgradation of existing facilities.
The Hydrocarbon Offshore vertical is a leading provider of engineering, procurement, construction, installation & commissioning (EPCIC) solutions in the offshore oil and gas sector. Backed by robust in-house engineering capabilities, state-of-the-art fabrication yards and a dedicated fleet of marine vessels, it has a strong track record in both shallow and deep-water field developments. Over the past three decades, it has undertaken complex projects involving fixed platforms, subsea pipelines and structures, brownfield upgrades, and decommissioning. This ultra-mega order is a testament to the speed and precision with which the Hydrocarbon Offshore business vertical delivers complex projects across the globe, while adhering to worldclass safety practices.
Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.









