L&T wins major offshore orders from ONGC

Govt Defence OrderBusiness Updates View source PDF Explain this filing

LT · price

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Price reactionminutes from the announcement price · days from the prior close

-0.5%Reaction day

₹4061.80

prior close

₹4046.00

announcement price

In-mkt

timing

Nifty 100market-0.2%-0.4% vs market

Civil Construction peers, median of 99sector-0.0%-0.5% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty 100 and 0.5 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5-0.2-0.4-0.0-0.5

Next day

+0.4-0.1+0.6-0.8+1.3

-0.4-0.5+0.2-1.7+1.3

-1.0-0.6-0.3-2.5+1.6

-0.3-0.7+0.5-2.7+2.4

-0.1-0.9+0.8-2.9+2.8

+0.1-1.6+1.7-3.8+3.9

15d

-0.6-1.6+1.0-4.6+4.0

-1.5-3.3+1.8-5.7+4.1

-9.0-8.0-1.0-10.2+1.2

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UpDownMarket · Nifty 100Sector · Civil Construction peers, median of 99Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

L&T Energy Hydrocarbon Offshore (LTEH) secured Major-class orders (Rs 5,000-10,000 cr range) from ONGC for the Pipeline Replacement Project (PRP-X) and a Well Head Platforms Project off India's west coast. Work covers EPCIC of multiple subsea pipeline segments and four well head platforms, strengthening L&T's offshore hydrocarbon order book.

Likely market impact

Adds a high-value government PSU order to L&T's offshore hydrocarbon order book, supporting revenue visibility over the medium term.