L&T Wins Major Order from Kuwait Oil Company for Hydrocarbon EPC Project

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

+2.5%Reaction day

₹3835.00

prior close

₹3952.20

announcement price

In-mkt

timing

Nifty 100market+1.0%+1.4% vs market

Civil Construction peers, median of 98sector+0.9%+1.6% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty 100 and 1.6 pts more 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

+0.0

10m

+0.6

15m

+0.5

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.5+1.0+1.4+0.9+1.6

Next day

+2.8+1.3+1.5+0.1+2.7

+2.6+1.8+0.9+0.4+2.2

+4.3+3.3+0.9+1.2+3.1

+4.0+2.7+1.4+0.9+3.1

+5.8+2.8+3.0+1.6+4.2

+5.3+2.7+2.7+1.2+4.1

15d

+5.4+0.8+4.6-2.4+7.8

+5.5+0.8+4.7-3.4+8.9

-2.2-5.0+2.7-6.3+4.1

+0.1-4.6+4.7-13.6+13.7

UpDownMarket · Nifty 100Sector · Civil Construction peers, median of 98Pending

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

AI summary

L&T Energy Hydrocarbon Onshore won a major EPC order from Kuwait Oil Company for Jurassic Light Oil export facilities. Classified as Major (about Rs 5,000 to 10,000 crore). Scope covers 6 crude storage tanks of 618,000 barrels each, new pipelines, and upgrades to Kuwait's crude loading and export network on a lump sum turnkey basis.

Likely market impact

Strengthens overseas order book and reinforces L&T's hydrocarbon EPC presence in the Middle East.