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L&T rises as its transportation infrastructure business secures order from NHSRCL
Sep-15-2025

Larsen & Toubro is currently trading at Rs. 3598.15, up by 18.55 points or 0.52% from its previous closing of Rs. 3579.60 on the BSE.

The scrip opened at Rs. 3581.00 and has touched a high and low of Rs. 3607.40 and Rs. 3577.00 respectively. So far 10315 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3963.00 on 10-Dec-2024 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. 3607.40 and Rs. 3484.10 respectively. The current market cap of the company is Rs. 494345.19 crore.

The Institutions and Non-Institutions held 63.05% and 36.95% stake in the company respectively.

Larsen & Toubro’s Transportation Infrastructure business vertical has secured a large order from the National High Speed Rail Corporation (NHSRCL) to construct 156 Route Km (RKM) of high-speed ballastless track (Package T1) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) Corridor. The scope includes design, supply, construction, testing & commissioning of track-works, on Design-Build Lump Sum Price basis, between Mumbai (Bandra-Kurla complex) and Zaroli village in Gujarat. This also includes over 21 km of track-works in underground sections (corresponding to Civil packages of C1, C2) and 135 km of track on the elevated viaduct sections (Pkg C3). 

This is the second track-work package that L&T has won in MAHSR. In April 2022, NHSRCL had awarded the Package T3 (116 km) from south of Vadodara city to Sabarmati depot to L&T and the project is progressing rapidly. With the latest order, L&T is now responsible for over 50% of the track-works in MAHSR. Japanese Shinkansen J Slab Track Technology is being adopted for the track-works, enabling up to 320 kmph speed, better ride quality, increased service life and maintainability.

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

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