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L&T stock in focus after it bags significant order to build Uzbekistan’s first AI-enabled data centre

News by Aliceblue News Desk

28 Jan 2025

L&T stock in focus after it bags significant order to build Uzbekistan’s first AI-enabled data centre

Introduction:

Larsen & Toubro (L&T) will build Uzbekistan’s first AI-enabled and sustainable 10-Megawatt data centre in Tashkent, setting regional infrastructure benchmarks with advanced technology, energy efficiency, and robust security, showcasing its expertise in innovative, sustainable global projects.

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Share Price movement of Larsen & Toubro (L&T):

On January 28, 2025, Larsen & Toubro Ltd opened at ₹3,464.95, reached a high of ₹3,482.15 and a low of ₹3,410.00. The stock is currently trading at ₹3,440.50, down 0.50% from the previous close of ₹3,457.65. Market cap stood at ₹4,72,907.43 crore.

Larsen & Toubro (L&T)’s New order:

Larsen & Toubro (L&T) has secured a significant order to build Uzbekistan’s first AI-enabled and sustainable 10-Megawatt data centre in Tashkent. This landmark project aims to set new standards in data centre infrastructure, combining advanced technology with sustainability.

L&T will handle the engineering, procurement, and construction of the data centre, featuring AI capabilities to support next-generation applications. The facility will maximise energy efficiency, reduce environmental impact, and incorporate advanced security technologies to safeguard sensitive data.

Mr. M.V. Satish, Executive Committee Member at L&T, highlighted the project as a testament to the company’s global expertise in executing complex and innovative projects, reinforcing L&T’s position as a leader in sustainable infrastructure development.

Also Read: Stocks To Watch For Budget 2025

Recent news About Larsen & Toubro (L&T) :

On January 9, 2025, L&T Chairman S.N. Subrahmanyan urged employees to adopt a 90-hour workweek, surpassing Infosys founder Narayana Murthy’s 70-hour suggestion, citing China’s workforce intensity and its potential to overtake the USA economically.

Stock performance of Larsen & Toubro (L&T) for Period of 1 week, 6 months and 1 year:

Larsen & Toubro’s stock performance showed a 2.36% decline over the past week, an 8.51% drop in six months, and a 6.75% decrease over the past year, reflecting a challenging period despite its robust global project portfolio.

Also Read: Best Sectors To Watch For Budget 2025

Shareholding pattern of Larsen & Toubro (L&T):

All values in %Dec-24Sep-24Jun-24
FII20.8321.7222.85
DII41.7140.5739.02
Retail & others37.4537.7138.12
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About Larsen & Toubro (L&T):

Larsen & Toubro (L&T) is a leading Indian multinational conglomerate specializing in engineering, construction, manufacturing, and technology services. Renowned for executing complex projects globally, L&T emphasizes innovation, sustainability, and excellence across infrastructure, power, defense, and heavy engineering sectors.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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