Introduction:
Large-cap stock witnessed a sharp rise after securing a record-breaking offshore hydrocarbon contract worth ₹15,000 Crores. The prestigious project strengthens its global energy portfolio and showcases its expertise in handling large-scale, technically challenging offshore projects with precision.
Share Price movement of Larsen & Toubro:
On March 26, 2025, Larsen & Toubro Ltd opened at ₹3,473.00, reaching a high of ₹3,496.80, slightly up by 0.78% from its previous close of ₹3,469.60, with a low of ₹3,437.20. The stock is currently trading at ₹3,460.20, with a market cap of ₹4,75,838.06 Crores.
Larsen & Toubro received order:
L&T’s stock saw a strong rise after bagging its biggest-ever offshore hydrocarbon contract worth ₹15,000 Crores from QatarEnergy LNG. The project, located nearly 80 km off Qatar’s northeast coast, is part of the North Field Production Sustainability Offshore Compression Project.
This massive order involves building two offshore compression complexes with power generation units, living spaces, flare platforms, and interconnected bridges. It’s a major win that not only boosts L&T’s global energy portfolio but also proves the company’s growing expertise in handling complex offshore projects.
L&T’s leadership thanked QatarEnergy LNG for their trust and confidence. They called it a proud moment for the company and a big step forward. This partnership is expected to further strengthen L&T’s global presence while supporting Qatar’s long-term energy plans.
Also read: Rekha Jhunjhunwala stock jumps 7% after receiving order worth ₹10,805 Cr from BSNL
Recent news About Larsen & Toubro:
Larsen & Toubro recently announced the completion of its buyback program worth ₹10,000 Crores. The company repurchased shares to enhance shareholder value and strengthen earnings per share, reflecting its strong financial position and commitment to rewarding long-term investors.
Stock performance of Larsen & Toubro for Period of 1 week, 6 months and 1 year:
Larsen & Toubro stock gained 4.52% over the past week, reflecting positive short-term momentum. However, it declined by 6.37% over six months and posted a negative return of 5.46% over one year, indicating challenges in sustaining long-term performance during this period.
Also read: Power stock jumps 6% after receiving order from Power Grid Corp
Shareholding pattern of Larsen & Toubro:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| FII | 20.83 | 21.72 | 22.85 |
| DII | 41.71 | 40.57 | 39.02 |
| Retail & others | 37.45 | 37.71 | 38.12 |
About Larsen & Toubro:
Larsen & Toubro Ltd (NSE : LT) is a leading multinational engaged in EPC projects, high-tech manufacturing, and services. Operating in over 50 countries, it specializes in infrastructure, hydrocarbon, defense, and power, showcasing expertise in large-scale project execution and engineering excellence.
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.
