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Large cap stock jumps after receiving order worth up to ₹5,000 Cr for power transmission and distribution business

Prominent engineering firm secured major power transmission and distribution orders across India, Saudi Arabia, UAE, and Qatar, strengthening its global presence in energy infrastructure development.
Large-cap stock surges after securing a massive ₹5,000 Cr power transmission and distribution order.
Large-cap stock surges after securing a massive ₹5,000 Cr power transmission and distribution order.

Introduction:

Leading large-cap engineering firm has secured significant orders in power transmission and distribution across India and abroad, including substation projects, transmission lines, and GIS installations, reinforcing its expertise in delivering reliable energy solutions globally.

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Also Read: IT stock jumps after winning ₹462 Cr transformational deal in mobility segment in Europe

Share price movement of L&T:

On April 1, 2025, Larsen & Toubro Ltd opened at ₹3,485.00, down from its previous close of ₹3,491.00. The stock hit a high of ₹3,500.35 (0.64%)and a low of ₹3,430.60. By 11:46 AM, it traded at ₹3,433.75, with a market cap of ₹4,72,015.07 crore.

L&T Secures Major Orders for Power Transmission & Distribution:

Larsen & Toubro’s Power Transmission & Distribution (PT&D) vertical has secured large orders in India and abroad. The company will establish a 765kV gas-insulated substation (GIS) and a transmission line for power evacuation in western India.

In Saudi Arabia, L&T has won contracts for two 380kV overhead transmission lines spanning over 130 kilometers to ensure power supply to key Riyadh townships. Additional turnkey projects include 132/11kV GIS installations in the UAE and a 132kV GIS in Qatar, further strengthening its presence in the Middle East.

Recent news on L&T:

As of March 03, 2025, Larsen & Toubro Ltd’s Power Transmission & Distribution vertical secured key contracts in India, including 765kV and 400kV transmission lines in Uttar Pradesh and southern India.

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

Larsen & Toubro Ltd delivered a 0.65% return over the past week. It declined by 0.15% in the past six months. The stock recorded a 9.01% decline over the past year.

Also Read: Anil Agarwal stock jumps 4% after announcing demerger of its global services business

Shareholding pattern of L&T:

ParticularsDec 2024Sep 2024Jun 2024
Promoter0%0%0%
FII21%22%22.90%
DII42.00%40.80%39.30%
Public37.20%38%38%
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About L&T:

Larsen & Toubro Ltd (NSE: LT) is a multinational conglomerate offering EPC solutions across Infrastructure, Hydrocarbon, Power, Defence, IT, and Financial Services, serving both domestic and international markets with engineering and technology-driven expertise.

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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