L&T Wins Orders Worth Up to ₹10,000 Crore from SAIL; Stock Hits 52-Week High
Larsen & Toubro secured major orders from SAIL for EPC projects including IISCO Steel Plant expansion from 2.50 MTPA to 6.50 MTPA capacity and Bokaro Steel Plant's Sinter Plant 2 establishment. The company also won multiple material handling equipment orders across India, with contracts valued between ₹5,000-₹10,000 crores, while its stock gained 11.80% in 2025.
*this image is generated using AI for illustrative purposes only.
Larsen & Toubro 's Minerals & Metals (M&M) business vertical has secured major orders from Steel Authority of India Limited (SAIL) and other customers for EPC projects and products in the domestic metals sector, the company announced on January 2.
Stock Performance and Recent Momentum
The stock was up 0.20% at ₹4,152.10 apiece during trading on Friday and has gained 11.80% in 2025. This latest order win adds to L&T's recent success streak, having won three orders collectively worth ₹15,000 crores in four days recently.
SAIL Partnership and Steel Plant Expansion
L&T and SAIL maintain a long-standing relationship spanning several decades, marked by successful execution of numerous metallurgical projects across India. Under SAIL's ambitious modernisation and expansion programme, the company plans to increase the crude steel capacity of the IISCO Steel Plant at Burnpur, West Bengal.
| Project Component: | Details |
|---|---|
| Location: | IISCO Steel Plant, Burnpur, West Bengal |
| Current Capacity: | 2.50 MTPA |
| Expanded Capacity: | 6.50 MTPA |
| L&T Scope: | Complete engineering, procurement and installation package |
Critical Process Plants and Equipment
As part of the IISCO Steel Plant expansion, M&M has been awarded the complete engineering, procurement and installation package for critical process plants that form the core of the new steel complex:
- Coke Oven Battery
- By-Product Plant
- Basic Oxygen Furnace
- Specialised equipment package for material handling
Bokaro Steel Plant Project
Simultaneously, SAIL's Bokaro Steel Plant in Jharkhand is undergoing a major upstream expansion. L&T has been awarded a package to establish Sinter Plant 2, reinforcing its strong presence in the steel sector.
Additional Material Handling Orders
The M&M business has secured multiple orders for specialised material handling equipment from various clients across India:
| Equipment Type: | Details |
|---|---|
| Stacker Reclaimers: | Multiple orders from various clients |
| Wagon Tipplers: | Multiple orders from various clients |
| Coverage: | Across India |
| Order Classification: | Major (₹5,000-₹10,000 crores) |
Management Commentary
D K Sen, Advisor to CMD, Development Projects & Minerals & Metals, L&T, commented: "L&T has been a major contributor to India's industrial growth story in the metals sector, and our association with SAIL is a proud chapter in our journey. These orders underscore L&T's ability to deliver world-class metallurgical infrastructure with engineering precision, safety and sustainability at the core."
T Kumaresan, Senior Vice President & Head – Minerals & Metals, L&T, added: "The trust placed in L&T by SAIL once again validates our expertise in delivering complex, technology-intensive projects under challenging schedules. These wins reaffirm our commitment to delivering projects on time and demonstrate our technical capabilities."
According to L&T's order classification system, these contracts fall under the 'Major' category, representing orders valued between ₹5,000 crores to ₹10,000 crores. Larsen & Toubro is a USD 30.00 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, and Services.
Historical Stock Returns for Larsen & Toubro
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.52% | +2.67% | +2.18% | +13.51% | +13.48% | +220.89% |
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