L&T shares rise 2% after bagging large order worth up to ₹5,000 crore from Brigade Group; check key details

“This accounts for the largest residential project that the business has so far received from a private customer,” L&T said in a statement to the exchanges.

Shares of L&T settled at ₹3,415.05 apiece on Friday, gaining 1.91%.

1. Brigade Gateway Residences at Neopolis, Kokapet, Hyderabad: Comprising 2 luxury towers, the project will feature one of the tallest buildings in Hyderabad, with the configuration being 5B+G+57 floors.

2. Brigade World Trade Centre at Neopolis, Kokapet, Hyderabad: A commercial tower standing tall at over 200 metres in the configuration of 5B+G+50 floors. It will also accommodate retail space and a five-star hotel – Brigade Neopolis – and will be the tallest mixed-use development in Hyderabad.

3. Brigade Altius, Chennai: The project will be one of the tallest and most prestigious developments in the locality in Chennai, comprising 3 signature towers with a configuration of 6 parking levels and 39 apartment floors.

4. Brigade Morgan Heights, Chennai: The project comprises 10 luxury towers in the configuration of 4 parking levels and apartment floors ranging between 11 and 21 floors.

Last week, L&T had signed a contract with ACWA Power, a developer in the Middle East, to construct a desalination plant in Saudi Arabia.

The company’s international orders stood at ₹62,059 crore during the December quarter and comprised 53% of the total order inflow.

The consolidated order book of the group as of December 31, 2024, is at ₹564,223 crore, registering a growth of 19% over March 2024, with the share of international orders at 42%.

L&T is a $27 billion Indian multinational engaged in EPC projects, high-tech manufacturing, and services operating across multiple geographies.