L&T

India’s equity markets closed on a firm note as leading companies added a combined Rs 63,000 crore in market capitalization, reflecting renewed investor confidence and selective buying in heavyweight stocks. Engineering major Larsen & Toubro and banking bellwether State Bank of India emerged as the top contributors to the gains, supported by strong fundamentals and positive sectoral cues. The rally came amid improving sentiment around capital expenditure, credit growth, and macroeconomic stability.

Larsen & Toubro (L&T) has clinched significant contracts valued between Rs 5,000 and Rs 10,000 crore, bolstering its order book and reinforcing its position in India’s infrastructure and engineering sectors. The orders span multiple business segments, including construction, heavy engineering, and smart city projects, reflecting the company’s diversified capabilities. Analysts view these wins as a testament to L&T’s competitive edge, execution expertise, and strong client relationships.

Engineering and infrastructure major Larsen & Toubro (L&T) has announced its intention to divest its stake in the Hyderabad Metro project by the close of FY26. The move is part of the company’s broader strategy to optimize capital allocation, reduce debt, and focus on core businesses with higher returns on investment. The project, one of the largest public-private partnership (PPP) metro rail initiatives in India, has faced challenges including high operating costs and lower-than-expected ridership during initial years.

Larsen & Toubro (L&T) and Bharat Electronics Limited (BEL) have announced a landmark partnership to collaborate on India’s ambitious Advanced Medium Combat Aircraft (AMCA) project, a next-generation stealth fighter jet program designed to strengthen the country’s defense autonomy. This alliance will leverage L&T’s expertise in aerospace manufacturing and BEL’s capabilities in defense electronics to develop an indigenous fifth-generation multirole fighter.

L&T Semiconductors has strategically acquired Fujitsu’s power module business, marking a significant expansion in India’s semiconductor landscape. The move enhances L&T’s capabilities in power electronics, positioning it to meet growing domestic and global demand for energy-efficient semiconductor solutions. The acquisition is expected to strengthen L&T’s research and development portfolio, accelerate technological innovation, and improve its competitiveness in high-growth sectors such as electric vehicles, renewable energy, and industrial automation.

Engineering and infrastructure major Larsen & Toubro (L&T) has secured a significant engineering, procurement, and construction (EPC) contract from natural resources conglomerate Vedanta. Estimated to fall within the Rs. 2,500 crore to Rs. 5,000 crore range, the project reinforces L&T’s strategic presence in the core industrial and minerals sector. The contract was awarded to the company’s Minerals & Metals business unit and pertains to the expansion of a large-scale brownfield facility in Chhattisgarh.