L&T trades in green on winning significant contract upto ₹2,500 Cr; check detailsL&T trades in green on winning significant contract upto ₹2,500 Cr; check details

Introduction

Leading infrastructure firm wins up to ₹2,500 crore Dubai contract to widen Latifa Bint Hamdan Street, build major interchanges, and improve traffic flow, scheduled for completion in 36 months.

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Share price movement of L&T

On February 10, 2026, Larsen & Toubro Ltd opened at ₹4,135.05, up 0.53% from its previous close of ₹4,113.45. The stock reached a high of ₹4,172.00 (1.43%) and a low of ₹4,123.05. By 2:42 PM, it traded at ₹4,158.35, a 1.09% increase, with a market cap of ₹5,72,027.42 crore.

L&T Wins Dubai Road Project

L&T’s Transportation Infrastructure vertical has secured a significant contract worth ₹1,000 to 2,500 crore for Phase‑1 road development on Latifa Bint Hamdan Street in Dubai, UAE. The project is UAE government‑initiated.

The scope includes widening a two‑lane dual carriageway to a four‑lane dual carriageway in each direction. A major interchange at E311 will enable seamless traffic movement across all directions.

The corridor extension features a four‑lane dual carriageway, a dedicated U‑turn interchange, and improved access to surrounding developments. The project is scheduled for completion within 36 months.

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

Larsen & Toubro Ltd delivered a 1.85% return over the past week, gained 11.9% in the past 6 months, and rose 23.6% over the past 1 year.

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Shareholding pattern of L&T

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	0.00%	0.00%	0.00%
FII	20.10%	19.50%	19%
DII	43.20%	43.60%	43.70%
Public	37%	37%	37%

About L&T

Larsen & Toubro Ltd (NSE: LT) is a multinational conglomerate providing EPC solutions across infrastructure, hydrocarbon, power, process industries, defence, IT, and financial services in domestic and international markets.

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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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