L&T rises on winning ultra-mega order from ADNOC Offshore
Larsen & Toubro is currently trading at Rs. 4023.00, up by 23.00 points or 0.58% from its previous closing of Rs. 4000.00 on the BSE.
The scrip opened at Rs. 4000.00 and has touched a high and low of Rs. 4042.20 and Rs. 3989.20 respectively. So far 18723 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. 4,042.20 and Rs. 3,882.70 respectively. The current market cap of the company is Rs. 553510.93 crore.
The Institutions and Non-Institutions held 62.39% and 37.60% stake in the company respectively.
Larsen & Toubro’s (L&T) business vertical -- L&T Energy Hydrocarbon Offshore (LTEH Offshore) has secured an ultra-mega order from ADNOC Offshore for a major project in the Middle East. The project will be executed through a consortium arrangement, with LTEH Offshore serving as the lead partner. The project involves the development of multiple offshore facilities. L&T has categorized the order as an ultra-mega order, with a value above Rs 15,000 crore.
As the lead consortium partner, LTEH Offshore will execute the major share of the project scope, covering engineering, procurement, construction, installation and commissioning (EPCIC) of the offshore facilities, in addition to the upgrade of existing facilities. A significant portion of the fabrication work will be undertaken at L&T's state-of-the-art fabrication yards, leveraging the company's integrated EPCIC capabilities and extensive track record in delivering large and complex offshore developments across the region.
