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L&T trades higher on securing orders for Minerals & Metals business

02 Jan 2026 Evaluate

Larsen & Toubro is currently trading at Rs. 4159.10, up by 19.65 points or 0.47% from its previous closing of Rs. 4139.45 on the BSE.

The scrip opened at Rs. 4140.40 and has touched a high and low of Rs. 4172.90 and Rs. 4128.70 respectively. So far 79135 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4148.00 on 01-Jan-2026 and a 52 week low of Rs. 2967.65 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 4172.90 and Rs. 4008.05 respectively. The current market cap of the company is Rs. 571175.57 crore.

The Institutions holding in the company stood at 63.07%, while Non-Institutions held 36.93% in the company.  

Larsen & Toubro’s (L&T) Minerals & Metals (M&M) business vertical has secured major orders from the Steel Authority of India (SAIL) and other customers, for EPC projects and products in the domestic metals sector, with the value of order ranging between Rs 5,000 crore and Rs 10,000 crore. L&T and SAIL share a long-standing relationship spanning several decades, marked by the successful execution of numerous metallurgical projects across India. This partnership continues to play a pivotal role in advancing India’s steel manufacturing ecosystem through innovation, capacity augmentation and sustainable development.

Under its ambitious modernisation and expansion programme, SAIL plans to increase the crude steel capacity of the IISCO Steel Plant at Burnpur, West Bengal, from 2.5 MTPA to 6.5 MTPA. As part of this expansion, M&M has been awarded the complete engineering, procurement and installation package for critical process plants, including the Coke Oven Battery, By-Product Plant, Basic Oxygen Furnace and a specialised equipment package for material handling, which together form the core of the new steel complex.

In addition, the M&M business has secured multiple orders for specialised material handling equipment, including Stacker Reclaimers and Wagon Tipplers, from various clients across India, reflecting its capability to deliver technologically advanced and reliable solutions across the minerals and metals value chain.

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.

Larsen & Toubro Share Price

4050.00 -44.95 (-1.10%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4050.00
Rail Vikas Nigam 296.30
NCC 160.45
KEC International 559.60
Kalpataru Projects 1240.45
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