L&T shares surge over 3% on bagging water management order worth ₹1,000-2,500 crore in Guwahati

The stock was trading 3.29% higher at ₹3,632.50 per equity share at around 11:07 am.

The scrip has advanced about 3% in the last week but has fallen 16% over the month. On a year-to-date basis, it has declined 13%.

While the share hit a 52-week high of ₹4,440 on February 4, 2026, it touched a year’s low of ₹2,965.30 apiece on April 7, 2025.

Order win

In a regulatory filing on Wednesday, the EPC MNC stated that its water and effluent treatment (WET) business vertical has secured a “significant” design-build-operate order from the Guwahati Metropolitan Drinking Water & Sewerage Board in Assam, for a water management project.

According to L&T’s classification, a significant order translates to a project ranging between ₹1,000 and ₹2,500 crore.

As per the company, the 24x7 water management project was conceived to deliver a safe, continuous water supply to households in South-East Guwahati. It added that the project aims to improve the reliability of the city's water supply.

The company will design, supply, install, construct, test, and commission a barge-mounted intake system, raw water rising main, water treatment plant, reservoirs, booster pumping station, and distribution network with household service connections.

Furthermore, the scope of the project also includes a fully developed Supervisory Control and Data Acquisition (SCADA) system for real-time monitoring and performance management, along with operation & maintenance for five years.

“This latest order win further strengthens L&T’s business presence in the northeast region. It reaffirms WET's commitment to expanding its regional footprint and delivering sustainable, efficient water solutions across key geographies, while supporting communities with reliable and modern water infrastructure,” the Mumbai-headquartered company said.

L&T has a total market capitalisation of ₹5 lakh crore, as of March 25, 2026, according to data on the NSE.