L&T Share Price in Focus as It Wins Major Power Transmission Orders in India and the Middle East

Larsen & Toubro’s Power Transmission & Distribution (PT&D) business has secured major new orders for building power infrastructure, both in India and overseas. These wins reinforce L&T’s strong presence in the global power sector.

Projects in India: Strengthening Renewable Energy

In Andhra Pradesh, L&T will build high-voltage 765kV and 400kV transmission lines. These lines are part of a large project aimed at connecting a major Renewable Energy Zone to the national grid. The goal is to improve power transfer and support the country’s green energy goals.

Projects in the Middle East: Turnkey Substation Jobs

In the Middle East, L&T has bagged orders to build several 220kV and 132kV Gas Insulated Substations. These projects will be delivered on a turnkey basis for top transmission asset owners and will enhance the reliability of the region’s power systems.

Supporting the Global Energy Transition

These new contracts mark a significant step for L&T in helping clients move toward cleaner, more sustainable energy systems. The company continues to focus on delivering modern, efficient, and future-ready grid infrastructure.

About Larsen & Toubro

Larsen & Toubro is a USD 30 billion Indian multinational involved in engineering, manufacturing, and services. With a history of over 80 years, it is known for high-quality, large-scale infrastructure projects across the globe.

Larsen and Toubro Share Price Movement

Larsen and Toubro share price is currently trading at ₹3,688.30, up ₹9.40 or 0.26% today as of 11:48 AM IST on June 10. The stock opened and reached a high of ₹3,704.00, while the day's low stands at ₹3,667.20. 

The company has a market capitalisation of ₹5.07 lakh crore, a price-to-earnings (P/E) ratio of 33.75, and a dividend yield of 0.92%. Over the past month, the share price has risen by ₹101.10 or 2.82%, and over the past year, it has gained ₹144.35 or 4.07%. The stock's 52-week high is ₹3,963.50, and its 52-week low is ₹2,965.30.

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Conclusion

With these major order wins, L&T further cements its leadership in the power infrastructure space. The projects will not only boost energy capacity but also support sustainable development in India and the Middle East.

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