L&T share rise as arm bags large orders from Hindalco and Tata Steel; check all details

One of the key wins is from Hindalco, which has contracted L&T to build a 180 KTPA aluminium smelter and a Gas Treatment Centre (GTC) for its upcoming greenfield project in Odisha, the company said in an exchange filing. For the aluminium smelter, L&T’s scope includes civil and structural works, along with supply and erection. The GTC contract covers engineering, procurement, construction and plant installation.

L&T noted its long association with Hindalco, saying the company has been a partner for more than three decades and has played a role in Hindalco’s expansion programmes across alumina, aluminium and copper plants.

In another major order, M&M has been selected by Tata Steel, Jamshedpur, to set up a 1 MTPA Coke Oven Battery 6 A/B. That contract includes engineering, manufacturing, supply, construction and plant installation.

Separately, the product business unit within M&M has won multiple orders from several clients across India for mining and material handling equipment. The orders cover equipment such as stacker reclaimers, waggon tipplers, crushers and surface miners.

L&T’s arm delivers end-to-end solutions in the EPC domain for sectors including mining, minerals processing, industrial products and material handling. Its product business supplies cost-effective, end-to-end equipment solutions for industries such as mining, cement, steel, fertilisers and ports.

Commenting on the order wins, T Kumaresan, Senior Vice President & Head – Minerals & Metals, L&T, said, “These order wins across the aluminium and steel sectors are a testament to L&T’s engineering excellence, execution capability and enduring customer relationships. This further strengthens our role in shaping the nation’s industrial infrastructure, while deepening the relationship with the steel sector through world-class execution and technological excellence”.

Meanwhile, on October 13, L&T’s Power Transmission & Distribution (PT&D) business has secured multiple grid infrastructure orders in the Middle East, including a 400kV substation in the UAE, 132kV substations across the region, and 380kV transmission lines in Saudi Arabia for renewable energy integration.

Earlier this month, on October 9, the company also secured an ultra-mega order worth more than ₹15,000 crore for its hydrocarbon business.

L&T share price

At the time of writing this article, shares of L&T were trading 0.04% up at ₹3,920 per equity share on the National Stock Exchange (NSE).

In the past five trading sessions, Larsen & Toubro’s shares have edged up 1.56% and advanced 6.76% over the past month. Over the last six months, the stock has gained 18.84%, and on a year-to-date basis, it is up 6.95%.

The shares hit a 52-week high of ₹3,966.20 on October 23, 2025, and a 52-week low of ₹2,965.30 on April 7, 2025. As of October 24, L&T’s market capitalisation stood at ₹5,38,571.44 crore.