L&T shares tumble nearly 4% to one-month low; here’s why the stock is falling on Tuesday

Meanwhile, the exchange had sought clarification from Larsen & Toubro with respect to the news item. L&T clarified that the projects referred to in the said report were not part of the company’s order book. "Further, the company can’t comment on the status of tenders or commercial decisions of its clients," the firm responded in an exchange filing.

At 1:25 PM, L&T shares were trading at ₹3,879.10 apiece on the National Stock Exchange, slipping 3.48%.

Over a month’s time, L&T shares have fallen over 5%, while the stock has zoomed 11% in 6 months. On a year-on-year basis, L&T shares have rallied 12%.

Shares of the firm had hit a 52-week high of ₹4,195 on January 6, 2026, and a 52-week low of ₹2,965.30 on April 7, 2025.

The company has a total market capitalisation of ₹5.32 lakh crore, according to data on the NSE.

L&T bags significant order

The firm’s transportation infrastructure business vertical secured a significant order worth ₹1,000 crore to ₹2,500 crore for an arterial cable-stayed bridge over the Muri Ganga River in the South 24 Parganas district of West Bengal.

L&T’s scope involves the construction of a 2+2 lane 3.2 km extradosed cable-stayed bridge with a maximum span of 177 m, along with a 0.9 km approach road on the Kakdwip side and a 0.65 km approach road on the Sagar Island side. The bridge will be equipped with Advanced Traffic Management Systems, a Bridge Health Monitoring System, architectural bridge lighting and hybrid street lighting, along with all essential road furniture.

“This bridge to Sagar Island holds immense significance, as it will provide direct, all-weather connectivity to the island, which currently depends on ferry services that are often disrupted during adverse weather conditions,” the company said in a regulatory filing.