Larsen & Toubro Limited has informed the Exchange about Bagging/Receiving of orders/contracts
LT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.4 pts more than Nifty 100 and in line with its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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L&T GeoStructure, a wholly-owned subsidiary of L&T, has secured multiple orders classified as 'Significant' (₹1,000–2,500 crore range). The largest is a piling order from JSW Utkal Steel for a 10 MTPA Integrated Steel Plant at Paradeep, Odisha, involving ~30 lakh running metres of piling work for blast furnace, hot strip mill and steel melting shop. Two additional orders were won from the Inland Waterways Authority of India for Ship Repair Facilities at Patna and Varanasi. A first-of-its-kind yacht marina project was awarded by Mumbai Port Authority at Mumbai Harbour. All projects are domestic and non-defence infrastructure work.
The orders demonstrate L&T's continued strong order inflows in the infrastructure and industrial segments, though the 'Significant' classification suggests none individually exceed ₹2,500 crore. Positive for the infrastructure arm but no material impact expected from any single order.