L&T shares rise nearly 1% after it bags orders worth ₹5,000 to ₹10,000 crore

The rise in the share price comes after Larsen & Toubro’s Buildings & Factories (B&F) vertical has secured major construction orders in India in the range of ₹5,000 crore to ₹10,000 crore.

The business has won a lump-sum turnkey contract from a reputed MNC to construct one of the largest proposed IT parks in Bengaluru. The development covers 5.9 million sq. feet and will be delivered in two phases. It will offer A-grade office space on a warm-shell basis and is designed to target the USGBC New Building Platinum rating towards LEED Certification for sustainability.

In an exchange filing, L&T said the warm-shell construction will include six towers (Towers 1, 2, 3, 4, 5 and 6), each with 14 storeys. The configuration is a common basement of three floors, ground floor, ten upper floors and a terrace.

Major elements of the scope are civil structure works, unitised facade glazing, architectural lighting and finishes and electromechanical services covering both high- and low-side systems for FPS, electrical works, HVAC, plumbing and hydraulic engineering (PHE), elevators and escalators, and ELV systems. The works also include a GIS substation, a Solar PV system, an LPG gas bank, a water treatment plant (WTP), a sewage treatment plant (STP), underground tanks, stack parking, and extensive hardscaping, landscaping and irrigation in the external development areas.

The company also bagged an order from a reputed developer to build a mixed-use development in Mumbai. That project is to be executed within a timeline of 45 months.

L&T share price

Over the last five trading sessions, L&T shares gained 0.02%. Similarly, the stock rose 2.58% in the last month. Further, the scrip zoomed 8% over the past six months. The stock advanced 0.71% on a year-to-date basis.

The stock touched its 52-week high of ₹3,963.50 on December 10, 2024, and its 52-week low of ₹2,965.30 on April 7, 2025. The company’s market capitalisation stands at ₹5,07,937.81 crore as recorded on October 3.