L&T stock up 2% as it bags large hydrocarbon order from Petronet LNGL&T stock up 2% as it bags large hydrocarbon order from Petronet LNG

Introduction

Leading engineering firm wins a ₹2,500 to 5,000 crore order from Petronet LNG for LNG, Ethane, and Propane storage tanks at Dahej Petrochemical Complex, Gujarat.

Also Read: Interarch Building Solutions gains 4% after securing ₹130 Cr steel building order

Share price movement of L&T

On January 16, 2026, Larsen & Toubro Ltd opened at ₹3,868.55, up 0.84% from its previous close of ₹3,865.50. The stock reached a high of ₹3,914.00 (1.27%) and a low of ₹3,860.50. By 10:57 AM, it traded at ₹3,897.90, a 0.84% increase, with a market cap of ₹5,36,187.67 crore.

L&T Secures ₹2,500 to 5,000 Cr Order

Larsen & Toubro Ltd’s (L&T) Hydrocarbon Onshore business has secured a large order from Petronet LNG. The joint venture is promoted by ONGC, IOCL, GAIL, and BPCL. The order value ranges between ₹2,500 to 5,000 crore.

The project covers engineering, procurement, construction, and commissioning of LNG/Ethane and Propane double-wall storage tanks at Dahej Petrochemical Complex, Gujarat. Ethane and Propane handling and dispatch facilities are also included in the scope.

The complex integrates cold energy utilisation from the LNG terminal. It supports Propane Dehydrogenation and Polypropylene plants. The project aims to strengthen domestic polypropylene production and aligns with Aatmanirbhar Bharat objectives.

Stock performance of L&T for Period of 1 week, 6 months, and 1 year

Larsen & Toubro Ltd delivered a -3.96% return over the past week, gained 11.6% in the past 6 months, and rose 10.2% over the past 1 year.

Also Read: NLC India shares jump after getting big on renewables with ₹25,000 Cr Gujarat MoU

Shareholding pattern of L&T

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	0.00%	0.00%	0.00%
FII	19.50%	19.30%	19.80%
DII	43.60%	43.70%	43.00%
Public	36.90%	37.00%	37.30%

About L&T

Larsen & Toubro Ltd (NSE: LT) is a USD 30 billion Indian multinational in EPC projects, hi-tech manufacturing, and services, delivering quality and leadership across multiple geographies for eight decades.

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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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