L&T: Stock jumps after partnering with BEL for fighter aircraft developmentL&T: Stock jumps after partnering with BEL for fighter aircraft development

Introduction

Leading engineering and defence firms have formed a strategic partnership to support India’s AMCA programme, combining expertise in aerospace and defence electronics to advance 5th-generation fighter aircraft capabilities for the Indian Air Force.

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Share price movement of L&T

On September 24, 2025, Larsen & Toubro Ltd opened at ₹3,661.85, up 0.10% from its previous close of ₹3,658.30. The stock reached a high of ₹3,687.35 and a low of ₹3,636.85. By 11:15 AM, it traded at ₹3,667.15, a 0.24% increase, with a market cap of ₹5,04,551.49 crore.

L&T Partners with BEL for India’s AMCA Program

Larsen & Toubro (L&T) has formed a strategic partnership with Bharat Electronics Limited (BEL) to support India’s Advanced Medium Combat Aircraft (AMCA) programme for the Indian Air Force.

The consortium will respond to the Expression of Interest issued by the Government of India’s Aeronautical Development Agency in the coming weeks, leveraging L&T’s defence expertise and BEL’s electronics experience.

Recent news on L&T

As of August 11, 2025, Larsen & Toubro Ltd has secured an ultra-mega contract from Adani Power to set up eight 800 MW thermal power units, totaling 6,400 MW of capacity.

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

Larsen & Toubro Ltd delivered a -0.76% return over the past week, it gained 4.73% in the past six months. The stock declined 3.53% over the past year.

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Shareholding pattern of L&T

Particulars	Jun 2025	Mar 2025	Dec 2024
Promoter	0%	0%	0%
FII	19%	20%	21%
DII	43.70%	43.00%	42.00%
Public	37.00%	37.30%	37.20%

About L&T

Larsen & Toubro Ltd (NSE: LT) is a USD 30 billion Indian multinational engaged in EPC projects, hi-tech manufacturing, and services, operating globally with a customer-focused approach and 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.

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