Larsen & Toubro (L&T) shares climbed marginally, currently trading at Rs. 3603.30, reflecting a gain of 7.45 points or 0.21% from its previous close of Rs. 3595.85 on the BSE. The stock opened at Rs. 3611.65, touching a high of Rs. 3611.65 and a low of Rs. 3584.70 during the session. Trading volume reached 12,163 shares.

This BSE 'A' group stock, with a face value of Rs. 2, hit a 52-week high of Rs. 3948.60 on June 3, 2024, and a 52-week low of Rs. 2632.00 on August 25, 2023. Over the past week, its high was Rs. 3615.00, while the low stood at Rs. 3532.80. The company's current market capitalization is Rs. 4,94,310.67 crore.

Institutional investors hold 61.98% of L&T, while non-institutional investors account for 38.01%.

L&T has bagged a significant contract ranging between Rs. 2,500 crore to Rs. 5,000 crore for its Transportation Infrastructure division. The order is part of an integrated infrastructure development project for Town Planning Schemes 2 to 7 under the Navi Mumbai Airport Influence Notified Area (NAINA) project in Maharashtra. The contract, awarded by the City and Industrial Development Corporation (CIDCO), includes the development of 60m and 45m wide roads, major and minor structures, and associated electrical works.

The project involves four approach roads spanning 13.28 km, including nine major structures, three iconic steel bridges over the Kalundre River and Mumbai-Pune Expressway, 12 minor bridges, 27 underpasses, and various utility and electrical works.

L&T, an Indian multinational, operates across sectors such as technology, engineering, construction, manufacturing, and financial services.