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L&T wins significant order for prestigious LIGO India Observatory project; here's more

News by Aliceblue News Desk

24 Feb 2026

L&T wins significant order for prestigious LIGO India Observatory project; here's more

Introduction

Leading engineering and construction firm wins significant ₹1,000–2,500 crore order from India’s Department of Atomic Energy to build LIGO India Observatory with precision infrastructure and scientific equipment.

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Share price movement of L&T

On February 24, 2026, Larsen & Toubro Ltd opened at ₹4,419.90, up 0.06% from its previous close of ₹4,417.15. The stock reached a high of ₹4,440.00 (0.52%) and a low of ₹4,228.70. By 3:29 PM, it traded at ₹4,261.00, a 3.54% decrease, with a market cap of ₹5,86,148.07 crore.

L&T Wins LIGO India Order

Larsen & Toubro’s Heavy Civil Infrastructure and Heavy Engineering verticals have won a significant order of ₹1,000–2,500 crore from India’s Department of Atomic Energy for LIGO India Observatory.

The observatory will be built at Aundha in Maharashtra’s Hingoli district. LIGO detects gravitational waves using multikilometer-scale laser interferometry, developed in collaboration with premier Indian and international research institutions.

L&T will handle engineering, procurement, and construction of high-precision civil infrastructure, ultra-high vacuum beam tubes, and integration of mechanical, electrical, HVAC, and support systems, with a 48-month completion timeline.

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

Larsen & Toubro Ltd delivered a 3.23% return over the past week and gained 24.1% in the past 6 months. The stock rose 35.6% over the past 1 year.

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Shareholding pattern of L&T

ParticularsDec 2025Sep 2025Jun 2025
Promoter0.00%0.00%0.00%
FII20.10%19.50%19.30%
DII43.20%43.60%43.70%
Public36.70%36.90%37.00%

About L&T

Larsen & Toubro Ltd (NSE: LT) is a USD 30 billion Indian multinational engaged in EPC projects, hi-tech manufacturing, and services, with eight decades of industry leadership.

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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.

FAQs

Q: Why is Larsen & Toubro Ltd share price in news today?

A: Larsen & Toubro Ltd stock in focus today after winning a ₹1,000–2,500 crore order to construct LIGO India Observatory.

Q: What is Larsen & Toubro Ltd’s main business focus?

A: Larsen & Toubro Ltd focuses on EPC projects, hi-tech manufacturing, and services across multiple geographies with strong customer and quality orientation.

Q: What are the 52-week high and low of Larsen & Toubro Ltd stock?

A: Larsen & Toubro Ltd stock has a 52-week high of ₹4,440.00 and a 52-week low of ₹2,967.65.

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