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07Apr 26

Larsen & Toubro Records Rs. 15.03 Crore Block Trade on NSE

Larsen & Toubro Ltd. witnessed a significant block trade on NSE worth Rs. 15.03 crores involving 40,513 shares at Rs. 3,710.60 per share. The transaction indicates substantial institutional trading activity in the engineering major's stock through the block trade mechanism.

01Apr 26

Larsen & Toubro Records Rs. 35.49 Crore Block Trade on NSE

Larsen & Toubro Ltd. executed a major block trade on NSE worth Rs. 35.49 crores, involving approximately 97,695 shares at Rs. 3,633.00 per share. The transaction reflects significant institutional trading activity in the engineering major's stock. Block trades typically indicate large-scale investment decisions by institutional investors and demonstrate the stock's liquidity in the institutional segment.

01Apr 26

Larsen & Toubro Completes Transfer of L&T SuFin Business to Subsidiary for ₹42.9 Crores

Larsen & Toubro Limited completed the transfer of its L&T SuFin e-commerce platform business to wholly owned subsidiary SuFin Limited on March 31, 2026, for ₹42.9 crores. The transaction was executed through slump sale on going concern basis, following the Business Transfer Agreement signed on February 24, 2026. The consideration amount remains subject to post-closing adjustments as per standard practice.

27Mar 26

L&T's Buildings & Factories Business Wins Significant Orders Across Gujarat and Andhra Pradesh

Larsen & Toubro's Buildings & Factories business has won significant orders worth ₹1,000-2,500 crores across Gujarat and Andhra Pradesh on March 27, 2026. The contracts include a Float Glass Plant construction in Gujarat with comprehensive EPC scope, and a two-wheeler manufacturing facility in Andhra Pradesh. The company also secured multiple add-on orders in existing projects, demonstrating strong execution capabilities and customer confidence in its diverse industrial construction expertise.

25Mar 26

L&T Secures Significant Water Treatment Order from Guwahati Metropolitan Board

Larsen & Toubro's Water & Effluent Treatment business has won a significant design-build-operate order from Guwahati Metropolitan Drinking Water & Sewerage Board for a comprehensive 24x7 water management project in South-East Guwahati. The project includes design, construction, and commissioning of water infrastructure components, along with a SCADA system and five-year operation and maintenance services. This order, valued between ₹ 1,000-2,500 crore, strengthens L&T's presence in India's northeast region and reinforces its commitment to delivering sustainable water solutions.

24Mar 26

L&T Completes SiliConch Systems Amalgamation with Semiconductor Unit

Larsen & Toubro has officially completed the amalgamation of SiliConch Systems Private Limited with L&T Semiconductor Technologies Limited, effective March 24, 2026. The merger received regulatory approval from the Ministry of Corporate Affairs on March 13, 2026, with an appointed date of August 10, 2025. This corporate restructuring consolidates the company's semiconductor operations under a single business unit.

24Mar 26

Larsen & Toubro Allots 20,661 Equity Shares Under Employee Stock Option Schemes

Larsen & Toubro Limited's Nomination & Remuneration Committee approved the allotment of 20,661 equity shares to employees who exercised their stock options under the company's ESOP schemes. The approval was granted during an NRC meeting held on March 24, 2026. The newly allotted shares will have equal rights and privileges as existing equity shares, ranking pari-passu in all respects.

23Mar 26

Larsen & Toubro Explores Chinese Partnerships Under Revised FDI Framework

Larsen & Toubro is exploring strategic collaborations with Chinese companies under new FDI regulations, focusing on competitive pricing and cost savings. The initiative aligns with Press Note 3, targeting solar energy, capital goods, and electronics sectors for potential partnerships and operational optimization.

23Mar 26

Macquarie Maintains Outperform Rating on Larsen & Toubro with Target Price of Rs 4910

Macquarie has reaffirmed its Outperform rating on Larsen & Toubro with a target price of Rs 4910, citing strong operational performance with 95% of project sites remaining functional and only 5% stalled with minimal revenue impact. The brokerage acknowledges potential logistics and supply risks if conflicts extend beyond three months but views the recent 22% stock correction as creating attractive investment value for the engineering major.

21Mar 26

Larsen & Toubro Schedules Media Interaction on Middle East Operations and Employee Safety

Larsen & Toubro Limited has scheduled a media interaction for March 21, 2026 at 6:00 PM in Mumbai to discuss Middle East operations. The session will cover project execution updates, including current status and progress of ongoing projects in the region, and comprehensive employee safety measures for workforce deployed across Middle East geographies. The company confirmed no unpublished price sensitive information will be shared during the interaction.

19Mar 26

Larsen & Toubro Receives BSE and NSE Observation Letters for Proposed Scheme of Arrangement

Larsen & Toubro Limited received observation letters from BSE (March 18, 2026) and NSE (March 19, 2026) for its proposed scheme of arrangement with L&T Realty Properties Limited. Both exchanges issued 'no adverse observation' and 'no objection' respectively, enabling NCLT filing within six months. The letters outline comprehensive compliance requirements including extensive shareholder disclosures, financial data currency requirements, and mandatory demat form for new equity shares.

18Mar 26

Goldman Sachs Maintains Buy Rating on Larsen & Toubro with Rs 4420 Target Despite Middle East Concerns

Goldman Sachs maintains its Buy rating on Larsen & Toubro with Rs 4420 target price despite an 18% stock decline driven by Middle East project execution concerns and potential regional capex slowdown. The brokerage has cut core order inflow projections for FY27E from 7.7% to 1.1%, expecting Q4 revenue impact and weak Q1FY27 execution. However, Goldman Sachs views the medium-term prospects as intact, considering current project deferrals as short-term challenges.

16Mar 26

CLSA Maintains Outperform Rating on Larsen & Toubro with Target Price ₹4,842

CLSA maintains Outperform rating on Larsen & Toubro with ₹4,842 target price, citing strong visibility from Saudi Aramco's $50-55 billion 2026 capex guidance, robust operating cash flow, and expanding renewables opportunities. The company's diversified global energy infrastructure pipeline and $80 billion backlog support growth prospects, while the recent 23% stock correction is viewed as an accumulation opportunity.

13Mar 26

Larsen & Toubro Records ₹94.09 Crore Block Trade on NSE

Larsen & Toubro witnessed a major block trade on NSE valued at ₹94.09 crores, involving 271,505 shares traded at ₹3465.40 per share. The transaction highlights significant institutional activity and demonstrates strong liquidity in the engineering and construction company's stock.

26Feb 26

Larsen & Toubro Acquires 5.6 Million Units of Capital Infra Trust at ₹69.50 Per Unit

Larsen & Toubro has acquired 5.6 million units of Capital Infra Trust through a bulk deal transaction at ₹69.50 per unit. The transaction, valued at ₹389.20 million, represents a strategic investment by the engineering major in infrastructure assets. The bulk deal mechanism was utilized for efficient execution of this large-volume institutional transaction.

26Feb 26

Larsen & Toubro Records ₹73.43 Crore Block Trade on NSE

Larsen & Toubro witnessed substantial institutional activity with a block trade worth ₹73.43 crores on NSE. The transaction involved approximately 171,087 shares at ₹4,291.90 per share, highlighting the company's continued appeal among large investors and the liquidity of its stock in institutional portfolios.

25Feb 26

Larsen & Toubro Wins Major Power Transmission EPC Contracts in India and Middle East

Larsen & Toubro announced major EPC contract wins through its Power Transmission & Distribution vertical for projects in India and Middle East. The domestic projects include two 220 kV Gas Insulated Substations in West Bengal's industrial belt, while international contracts cover five substations and over 250 km transmission lines across three Middle East countries, with projects up to 500 kV level.

24Feb 26

Larsen & Toubro Wins Significant LIGO India Observatory Contract Worth ₹1000-2500 Crores

Larsen & Toubro has secured a major contract worth ₹1000-2500 crores from the Department of Atomic Energy for establishing the LIGO India Observatory in Maharashtra. The project involves comprehensive engineering, procurement and construction of specialized high-precision infrastructure for gravitational wave detection, reinforcing L&T's expertise in complex scientific projects.

24Feb 26

Larsen & Toubro Transfers E-commerce Platform Business to Wholly Owned Subsidiary for ₹60 Crore

Larsen & Toubro Limited executed a Business Transfer Agreement on February 24, 2026, to transfer its SuFin e-commerce platform business to wholly owned subsidiary SuFin Limited for ₹60 crore consideration. The SuFin business generated ₹20.16 crore revenue (0.01% of total) with ₹59.42 crore net worth (0.08% of total) in FY 2024-25. The slump sale transaction is expected to complete by April 01, 2026, and is being conducted at arm's length as a related party transaction in compliance with regulatory requirements.

18Feb 26

Larsen & Toubro Partners with NVIDIA to Build India's Largest Gigawatt-Scale AI Factory Under India AI Mission

Larsen & Toubro has partnered with NVIDIA to build India's largest gigawatt-scale AI factory under the India AI Mission, combining L&T's engineering capabilities with NVIDIA's AI infrastructure including GPUs, CPUs, and networking solutions. The venture will scale operations at L&T's Chennai datacenter to 30 MW capacity within a 300-acre campus and develop a new 40 MW Mumbai facility. The AI factory will serve global hyperscalers, cloud providers, and enterprises across manufacturing, energy, financial services, healthcare, and public services, supporting India's vision of becoming a global AI powerhouse with sovereign infrastructure.

16Feb 26

L&T Signs Agreement to Divest Nabha Power Limited to Torrent Power for ₹3,660.87 Crores

Larsen & Toubro executed a Securities Purchase Agreement on February 16, 2026, to divest Nabha Power Limited to Torrent Power for ₹3,660.87 crores, with completion expected by June 30, 2026. NPL operates a 1,400 MW thermal power plant in Punjab and contributed ₹4,421.54 crores in turnover (1.73% of L&T consolidated) and ₹3,553.00 crores in net worth (3.64% of L&T consolidated) as of March 31, 2025. The divestment aligns with L&T's strategy to exit development projects business and unlock value for stakeholders.

10Feb 26

Larsen & Toubro Incorporates Offshore Wind Subsidiary in Netherlands

Larsen & Toubro has incorporated L&T Energy Offshore Wind B.V. in the Netherlands with 1 EURO paid-up capital on February 10, 2026. The wholly owned subsidiary will provide turnkey EPCIC services for offshore wind projects, specializing in HVAC/HVDC substations and Wind Turbine Generator foundations. This strategic move strengthens L&T's position in the clean energy sector and European offshore wind market.

06Feb 26

Larsen & Toubro Records ₹50.96 Crore Block Trade on NSE at ₹4050.20 Per Share

Larsen & Toubro completed a major block trade on NSE worth ₹50.96 crores involving 125,823 shares at ₹4050.20 per share. The transaction reflects significant institutional activity and demonstrates large-scale investor participation in the engineering major's stock.

03Feb 26

L&T Uploads Q3/9M FY26 Earnings Call Transcript Under Regulation 30

Larsen & Toubro has fulfilled its regulatory obligations by uploading the transcript of its Q3/9M FY26 earnings call to its investor website. The earnings call was conducted on January 28, 2026, and the transcript was made available under SEBI compliance requirements, with formal notification sent to both BSE and NSE on February 3, 2026.

01Feb 26

L&T CFO Anticipates 10% Government Capex Growth for FY27 Amid Budget Focus

Larsen & Toubro's CFO R Shankar Raman anticipates a 10% increase in government capital expenditure for FY27, dismissing concerns about resource crowding due to ample system liquidity. The Budget 2025 allocated Rs 11.21 lakh crore for capex in FY 2025-26, with effective capex at Rs 15.48 lakh crore including grants-in-aid. L&T shares are in focus ahead of the Union Budget as the company serves as a key barometer for India's infrastructure sector.

01Feb 26

L&T CFO Anticipates 10% Government Capex Growth in Upcoming Budget 2026

Larsen & Toubro's CFO R Shankar Raman anticipates a 10% increase in government capital expenditure for FY27, building on the current Rs 11 lakh crore FY26 allocation. He believes ample liquidity will support infrastructure investments crucial for India's 2047 developed economy goal, while addressing challenges including manpower shortages and project execution delays caused by lowest-bidder selection processes.

28Jan 26

Larsen & Toubro Records Rs. 23.89 Crore Block Trade on NSE

Larsen & Toubro Ltd. executed a significant block trade on NSE involving 62,744 shares at Rs. 3,808.00 per share, totaling Rs. 23.89 crores. The transaction represents substantial institutional trading activity in the engineering major's stock, typically indicating large-scale buying or selling by institutional investors through pre-negotiated arrangements.

28Jan 26

Larsen & Toubro Allots 30,657 Equity Shares Under Employee Stock Option Schemes

Larsen & Toubro Limited allotted 30,657 equity shares under its Employee Stock Option Schemes following approval by the Nomination & Remuneration Committee on January 28, 2026. The shares were allocated to grantees who exercised their stock options and will carry equal rights with existing equity shares. The company has informed BSE and NSE about this development in compliance with regulatory requirements.

28Jan 26

L&T Secures Major Contract for Riyadh Metro Extension Project in Saudi Arabia

Larsen & Toubro's Heavy Civil Infrastructure business has won a major contract from the Royal Commission of Riyadh City for the Red Line extension of Riyadh Metro. The project, valued between ₹5,000-10,000 crore, involves design and turnkey construction of 8.4 km metro line with both elevated and underground sections plus five stations. The order is part of an ultra-mega project awarded to a consortium including Webuild S.p.A, L&T, Nesma & Partners Contracting, Alstom and IDOM.

23Jan 26

Larsen & Toubro Shares Fall 1.50% as Over 14 Lakh Shares Change Hands

Larsen & Toubro shares declined 1.50% to ₹3,736.80 with heavy trading volume of over 14 lakh shares on NSE. The company reported Sep 2025 quarter revenue of ₹67,983.53 crores, up from ₹61,554.58 crores in Sep 2024, with net profit improving to ₹4,687.09 crores. Annual performance shows consistent growth with revenue reaching ₹255,734.45 crores in 2025 versus ₹135,979.03 crores in 2021, while maintaining healthy financial ratios and declaring a ₹34.00 dividend per share.

22Jan 26

Larsen & Toubro Completes ₹288 Crore Interest Payment on Non-Convertible Debentures

Larsen & Toubro Limited completed its scheduled interest payment of ₹288.00 crores on non-convertible debentures (ISIN: INE018A08BM2) on January 22, 2026. The payment was made on time for the ₹4,000.00 crore debenture issue following an annual payment frequency. The company filed the mandatory SEBI regulatory certificate confirming no delays or issues with the payment process.

21Jan 26

Larsen & Toubro Completes Acquisition of L&T Sapura Shipping, Makes it Wholly Owned Subsidiary

Larsen & Toubro Limited completed the acquisition of 6,35,41,233 shares from joint venture partner Sapura Nautical Power Pte Ltd in L&T Sapura Shipping Private Limited on January 21, 2026. This strategic move has converted L&T Sapura Shipping into a wholly owned subsidiary, eliminating the previous joint venture structure. The acquisition was completed under Regulation 30 compliance and follows the company's earlier intimation to stock exchanges dated January 12, 2026.

19Jan 26

Larsen & Toubro Shareholders Approve All Seven Resolutions Through Postal Ballot

Larsen & Toubro Limited completed its postal ballot process on January 19, 2026, with shareholders approving all seven resolutions with overwhelming majority. The approved resolutions included appointments of Mr. Amitabh Kant and Mr. B. Santhanam as independent directors, re-appointment of Ms. Preetha Reddy, and four material related party transactions with subsidiary companies. The e-voting process ran from December 20, 2025, to January 18, 2026, with strong institutional participation and approval rates exceeding 99% for most resolutions.

16Jan 26

Larsen & Toubro Schedules Q3 FY26 Earnings Conference Call for January 28, 2026

Larsen & Toubro has scheduled its Q3/9M FY26 earnings conference call for January 28, 2026, to be conducted virtually for analysts and institutional investors. The announcement was made on January 16, 2026, in compliance with SEBI Regulation 46(2) requirements. The company has notified both BSE and NSE about this scheduled group meeting, which will discuss the financial performance for the third quarter and nine-month period of fiscal year 2026.

16Jan 26

L&T Shares Rise 1.1% After Winning Second Large Order in Three Days from Petronet LNG

Larsen & Toubro shares gained following the announcement of a large order from Petronet LNG for storage tank construction at Dahej Complex, valued between ₹2,500-5,000 crores. This marks the company's second large order within three days after securing Torrent Energy's 3,000 MW pumped storage project. Despite recent concerns over Kuwait project cancellations, the stock has shown resilience with these new contract wins.

15Jan 26

Larsen & Toubro Announces Statutory Auditors' Conversion to LLP Structure

Larsen & Toubro has announced that its statutory auditors M S K A & Associates have converted to a Limited Liability Partnership structure, effective January 13, 2026, now operating as M S K A & Associates LLP with ICAI registration 105047W/W101187. The company confirmed this is purely a constitutional change with no impact on the existing audit engagement, and the LLP will continue as statutory auditors for the remaining approved tenure.

14Jan 26

Larsen & Toubro Records ₹19.43 Crore Block Trade on NSE at ₹3,881.20 Per Share

Larsen & Toubro Ltd. executed a significant block trade worth ₹19.43 crores on NSE, involving approximately 50,060 shares at ₹3,881.20 per share. The substantial transaction indicates strong institutional interest and demonstrates the stock's liquidity and appeal among large investors. Such block trades typically represent institutional transactions and suggest confidence in the infrastructure major's market position.

14Jan 26

L&T Secures Major Pumped Storage Project Order as Analysts Cut Estimates on Middle East Concerns

Larsen & Toubro secured a major order worth ₹2,500-5,000 crore for India's largest pumped storage project in Maharashtra while facing analyst downgrades due to Middle East concerns. Multiple brokerages cut FY26-28 order inflow estimates by 5-6% following reports of potential Kuwait order cancellations worth $8.7 billion, though L&T clarified these were not in its existing order book. The stock declined 0.40% to ₹3,874.70, extending losses for the fifth straight session.

14Jan 26

L&T Secures Large Contract for 3000 MW Saidongar-1 Pumped Storage Project in Maharashtra

Larsen & Toubro's Heavy Civil Infrastructure business has won a large contract from Torrent Energy Storage Solutions for India's biggest pumped storage project - the 3000 MW Saidongar-1 PSP in Raigad, Maharashtra. The project comprises ten units of 300 MW each, with L&T handling design, engineering and execution of all civil and hydro-mechanical work. The contract, valued between ₹2,500-5,000 crores per L&T's classification, strengthens the company's position in large-scale pumped storage solutions.

14Jan 26

HSBC Cuts L&T Target Price to ₹3,900 Amid Macro Concerns Despite Strong Q3 Expectations

HSBC maintains hold rating on L&T with reduced target price of ₹3,900, expecting decent Q3 performance driven by 28% increase in H2 pipeline and estimated ₹33,300 crore announced orders. Despite projecting 24% Q3 revenue growth, the brokerage flags macro concerns including global volatility, lower oil prices, and fiscal constraints, leading to trimmed FY26 order intake growth expectations from 18% to 15%. Valuation concerns persist with stock trading at 25x FY27E PE, one standard deviation above historical cycle mean.

13Jan 26

L&T clarifies as stock falls 4% on report of Kuwait cancelling $8.7-bn tenders, says 'not part of company's order book'

Larsen & Toubro clarified on January 13 that Kuwait's potential $8.7 billion oil project tender cancellations are not part of its order book, following reports that caused the stock to fall 4% to ₹3,846 per share. The company maintains confidence in exceeding its FY26 order inflow guidance of 10% with a strong pipeline of ₹3.57 trillion in Energy Projects prospects. International orders comprise 49% of L&T's order book as of September 30, 2025.

13Jan 26

Larsen & Toubro Clarifies Kuwait Oil Project Tenders Not in Order Book

Larsen & Toubro issued a regulatory clarification on January 13, 2026, stating that Kuwait oil project tenders worth $8.7 billion discussed for potential cancellation were not part of its order book. The clarification addressed media reports that caused a 3% decline in L&T shares and was filed under SEBI Regulation 30 with both BSE and NSE.

13Jan 26

Larsen & Toubro Clarifies Media Reports on $8.7 Billion Kuwait Oil Project Tenders

Larsen & Toubro has clarified that $8.7 billion Kuwait oil project tenders reported in media are not part of its order book. The company stated it cannot comment on clients' commercial decisions, maintaining confidentiality protocols while ensuring market transparency about its actual project commitments.

13Jan 26

L&T Shares Drop 3% After Reports Flag Potential Cancellation of Kuwait Oil Projects

Larsen & Toubro shares declined 3% to ₹3,885.50 following reports that Kuwait may cancel $8.7 billion worth of oil project tenders due to budget overruns. L&T was the lowest bidder for contracts valued at over $4.5 billion. However, the company announced a significant domestic order win for constructing a Cable-Stayed Bridge over the Muriganga River in West Bengal, which will benefit over two lakh residents and enhance connectivity to Sagar Island.

13Jan 26

L&T Secures ₹1,500-2,500 Crore Order for Cable-Stayed Bridge in West Bengal

Larsen & Toubro secured a ₹1,500-2,500 crore order for constructing a cable-stayed bridge over Muri Ganga River in West Bengal, featuring a 3.2 km bridge with 177-meter maximum span and advanced traffic systems. The company also acquired the remaining 40% stake in L&T Sapura Shipping for ₹122.40 crores. Despite positive developments, shares declined over 2% amid concerns about potential Kuwait oil project cancellations worth $8.7 billion. L&T reported strong Q2 FY26 performance with order inflows of ₹1,15,800 crores (+45% YoY) and net profit of ₹4,678 crores (+14% YoY).

13Jan 26

L&T Shares Fall 3% as Kuwait Considers Cancelling $8.7 Billion Oil Project Tenders

Larsen & Toubro shares declined 3% to ₹3,911 on January 13, 2025, following reports of Kuwait considering cancellation of $8.7 billion oil project tenders where L&T was reportedly the lowest bidder for over $4.5 billion worth contracts. Despite this setback, the company secured a ₹1,000-2,500 crore bridge construction order in West Bengal and maintains confidence in exceeding its FY26 order inflow guidance of 10% with a strong pipeline of ₹3.57 trillion in energy projects.

13Jan 26

L&T Shares Decline 2.5% Amid Kuwait Oil Project Tender Cancellation Reports

L&T shares fell 2.5% on January 13 following reports that Kuwait may cancel $8.7 billion oil project tenders due to over-budget bids, where L&T was the lowest bidder for $4.5 billion worth contracts. Despite this setback, the company maintains a strong ₹6.5 lakh crore order book and secured a significant bridge construction order in West Bengal. The stock trades at ₹3,922.20 with 13.5% gains over the past year.

12Jan 26

Larsen & Toubro Acquires Partner's Stake in Shipping JV for ₹122.39 Crores

Larsen & Toubro has acquired Sapura Nautical Power's 40% stake in L&T Sapura Shipping Private Limited for ₹122.39 crores, converting it into a wholly owned subsidiary. The transaction involves 6,35,41,233 shares at ₹19.26 per share and is expected to complete by January 31, 2026. LTSSPL operates heavy lift vessels for offshore hydrocarbon projects and reported ₹154.12 crores turnover in FY25, strengthening L&T's marine construction capabilities.

12Jan 26

Larsen & Toubro Acquires 40% Stake in L&T Sapura Shipping for ₹1,223.90 Crores

Larsen & Toubro announces acquisition of 40% stake in L&T Sapura Shipping Private Limited from Sapura Nautical Power for ₹1,223.90 crores at ₹19.26 per share. The strategic transaction is expected to complete by January 31, 2026, strengthening the company's maritime sector presence.

09Jan 26

L&T Secures Strategic Partnership with Indian Army for Pinaka Rocket Systems Maintenance

Larsen & Toubro has partnered with the Indian Army's EME Corps for overhaul and upgrades of Pinaka Multi-Rocket Launcher Systems, with L&T providing technical support and spares while Army workshops handle operations. The collaboration supports defence self-reliance and operational readiness enhancement. L&T reported strong financial performance with revenue growth of 10.40% YoY to ₹67,984 crores and net profit increase of 14.00% to ₹4,678 crores, maintaining a robust order book of ₹6.67 lakh crore.