Larsen & Toubro Share Price in Focus; Secures Mega Order from JSW Steel

Larsen & Toubro (L&T) has announced a significant achievement with its Minerals & Metals business vertical securing a mega order from JSW Steel.  

This order is the largest ever for L&T in the domestic metals sector. 

Details of the Mega Order 

On May 6, 2026, L&T's Minerals & Metals division received a substantial order from JSW Steel. The order involves comprehensive engineering, procurement, and installation of critical process facilities, including blast furnaces and steel melt shops.  

These facilities are part of JSW Steel's expansion plans to increase its crude steel processing capacity from 35 MTPA to over 50 MTPA by 2031.  

The projects will be executed at JSW sites in Ballari, Karnataka, and Paradip, Odisha. 

Long-standing Partnership with JSW Steel 

L&T and JSW Steel have a partnership spanning over 30 years, marked by collaboration on complex metallurgical projects.  

This enduring relationship has significantly contributed to enhancing India's steel production capabilities.  

The latest order further cements this partnership, reflecting a shared commitment to innovation and nation-building. 

Significance of the Order 

D K Sen, Advisor to CMD, Development Projects & Minerals & Metals at L&T, stated that securing this order is a defining moment for the company. It underscores L&T's engineering and execution capabilities and the trust placed in it to deliver assets of national significance.  

T Kumaresan, Senior Vice President & Head of Minerals & Metals at L&T, highlighted the company's focus on integrating technology and optimising project timelines to deliver with precision. 

Orders are classified by value: ₹1,000–2,500 Cr as Significant, ₹2,500–5,000 Cr as Large, ₹5,000–10,000 Cr as Major, ₹10,000–15,000 Cr as Mega, and above ₹15,000 Cr as Ultra-Mega. 

Read More: Larsen & Toubro Share Price in Focus; Secures Large Order for Coal Gasification Project! 

About Larsen & Toubro 

Larsen & Toubro is a $32 billion Indian multinational company engaged in EPC projects, high-tech manufacturing, products, and services.  

Operating across diverse domains and geographies, L&T is known for its focus on AI and technology, maintaining leadership in its major lines of business for 8 decades. 

Larsen & Toubro Share Price Performance 

As of May 06, 2026, at 9:46 AM, Larsen & Toubro share price on NSE was trading at ₹3,910.10 down by 3.56% from the previous closing price. 

Conclusion 

Larsen & Toubro's recent mega order from JSW Steel highlights its strong position in the domestic metals sector. The collaboration between L&T and JSW Steel continues to drive advancements in India's steel production capabilities. 

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