L&T bags order worth up to ₹2,500 crore from Noida Metro Rail Corporation; shares trade higher

Worth between ₹1,000 crore and ₹2,500 crore, the significant order includes part design and construction of the Noida Metro Aqua Line Extension Project.

“The project scope encompasses part design and construction of a 15.1 km elevated viaduct from Botanical Garden to Noida Sector-142 and from Depot Station to Boraki. The scope includes the construction of 10 elevated metro stations, including architectural finishes,” L&T said in a regulatory filing.

The project is expected to play a crucial role in supporting Noida’s expanding urban landscape and is likely to be completed within a stringent timeline of 36 months.

L&T’s order book updates

For the quarter ended September 30, L&T’s order intake increased 28% annually at ₹147,665 crore. In Q2 FY27, the company said it secured several high-value orders led by Hydrocarbon—Offshore & Onshore, CarbonLite Solutions, Public Spaces & Airports, and Power Transmission & Distribution businesses.

Its international orders stood at ₹92,375 crore, contributing 63% to the total order inflow.

The Group’s consolidated order book as of September 30, 2026, was at ₹853,514 crore, reflecting a 15% growth over Mar 2026. International orders constituted 54% of the overall order book.

L&T Q2 FY27 updates

L&T’s revenue from operations for the quarter under review was ₹78,750 crore, marking a growth of 16% from ₹67,984 crore reported in the second quarter of FY26. 

For Q2 FY27, the company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased 1% year-on-year (YoY) to ₹6,845 crore as against ₹6,807 crore. The margin for the reporting quarter contracted at 8.6% in contrast to 10.01% YoY.

L&T share price trends

At 12:18 PM, L&T shares were trading at ₹4,141.7 apiece on the National Stock Exchange, gaining 0.77%. The stock has jumped nearly 1% to its intraday high of ₹4,146.80 per share on Monday.

On a year-on-year basis, L&T shares have jumped 6%. Over a month’s time, the stock has climbed 12%, while for a six-month period, it has surged 5%.

Shares of the firm had hit a 52-week high of ₹4,440 on February 24, 2026, and a 52-week low of ₹3,288.10 on March 23, 2026.

According to NSE data, as of November 9, 2026, L&T has a total market capitalisation of ₹5.70 lakh crore.