Larsen & Toubro Ltd Share Price – NSE  / BSE

Infrastructure Developers & Operators, Mid Cap

According to a Middle East-focused business news platform, Kuwait is reviewing five major upstream oil and gas contracts after bids reportedly came in above budget. The report said L&T was the lowest bidder in tenders valued at more than $4.5 billion, making the stock sensitive to any adverse developments.

Responding to a BSE query, L&T clarified that the projects referred to in the media report are not part of its order book. The company added that it does not comment on the status of tenders or the commercial decisions of its clients.

Separately, L&T has secured a significant order in its transportation infrastructure business to construct an arterial extradosed cable-stayed bridge over the Muri Ganga River in South 24 Parganas, West Bengal. The project includes a 3.2 km, 2+2 lane bridge with a maximum span of 177 metres, approach roads on the Kakdwip and Sagar Island sides, and advanced traffic management, bridge health monitoring, and architectural and hybrid street lighting. For L&T, a ?significant? order is defined as a contract valued between Rs 1,000 crore and Rs 2,500 crore.

L&T is a diversified EPC major operating across infrastructure, energy, hydrocarbons, defence, manufacturing and services in India and overseas. The company reported a 15.6% year-on-year rise in consolidated net profit to Rs 3,926.09 crore on a 10.4% increase in revenue to Rs 67,983.53 crore in Q2 FY26.

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As per L&T?s internal classification, the contract falls under the ?significant? category, with an estimated value in the range of Rs 1,000 crore to Rs 2,500 crore.

The scope of work includes construction of a 2+2 lane, 3.2-km extradosed cable-stayed bridge with a maximum span of 177 meters, along with a 0.9-km approach road on the Kakdwip side and a 0.65-km approach road on the Sagar Island side. The bridge will be equipped with advanced traffic management systems, a bridge health monitoring system, architectural bridge lighting, and hybrid street lighting, along with all essential road furniture.

The bridge will provide direct, all-weather connectivity to Sagar Island, which currently depends on ferry services that are often disrupted during adverse weather conditions. It is expected to benefit over two lakh residents of the island by improving mobility, healthcare access, and economic prospects.

The project will also boost pilgrimage by ensuring safe and convenient travel for millions of devotees from across India to the annual Ganga Sagar Mela, the second-largest religious congregation after the Kumbh Mela.

Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services. The company reported a 15.6% jump in consolidated net profit to Rs 3,926.09 crore on a 10.4% increase in revenue from operations to Rs 67,983.53 crore in Q2 FY26 over Q2 FY25.

Shares of Larsen & Toubro rose 0.01% to currently trade at Rs 4,045.35 on the BSE.

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The Transportation Infrastructure business vertical of Larsen & Toubro (L&T) has won a significant order for an arterial Cable-Stayed Bridge over the Muri Ganga River in South 24 Parganas district of West Bengal. According to the company's project classification, the project is valued between Rs 1,000 crore to Rs 2,500 crore.

L&T's scope involves construction of 2+2 lane 3.2 km Extradosed Cable-Stayed Bridge with a maximum span of 177m, along with 0.9 km approach road on Kakdwip Side and 0.65 km approach road on Sagar Island side. The bridge will be equipped with Advanced Traffic Management Systems, Bridge Health Monitoring System, Architectural Bridge Lighting and Hybrid Street Lighting, along with all essential road furniture.

This bridge to Sagar Island holds immense significance, as it will provide direct, all-weather connectivity to the Island, which currently depends on ferry services that are often disrupted during adverse weather conditions. It will benefit over two lakh residents of Sagar Island by improving mobility, healthcare accessibility and economic prospects.

Additionally, it will boost pilgrimage by ensuring safe and convenient travel for millions of devotees, from across India, to the annual Ganga Sagar Mela, the second-largest religious congregation after the Kumbh Mela.

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Larsen & Toubro has today executed a Share Purchase Agreement for acquisition of shareholding of Sapura Nautical Power (Sapura), JV Partner, in L&T Sapura Shipping (LTSSPL), a subsidiary of the Company. Post completion of the acquisition, LTSSPL will be a wholly owned subsidiary of the Company.

The acquisition further strengthens the Company's operational flexibility and asset availability for execution of offshore projects, particularly in India and the Middle East.

LTSSPL operates in the offshore marine construction segment, which is complementary to L&T's core engineering and construction businesses.

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