Shares of Larsen & Toubro (L&T) were trading higher on the BSE, with the stock quoted at RS 4,159.10, up by 19.65 points or 0.47 per cent compared to its previous close of RS 4,139.45.

The counter opened at RS 4,140.40 and moved between an intraday high of RS 4,172.90 and a low of RS 4,128.70. A total of 79,135 shares were traded so far during the session.

The BSE Group ‘A’ stock, having a face value of RS 2, recorded a 52-week high of RS 4,148.00 on 01 January 2026 and a 52-week low of RS 2,967.65 on 07 April 2025. Over the past one week, the scrip touched a high of RS 4,172.90 and a low of RS 4,008.05. The company’s current market capitalisation stands at RS 5,71,175.57 crore.

Institutional investors hold 63.07 per cent stake in the company, while non-institutional investors account for the remaining 36.93 per cent.

In a key business development, L&T’s Minerals & Metals (M&M) vertical has secured significant orders from Steel Authority of India (SAIL) and other domestic customers. The orders, awarded for EPC projects and product supplies in the metals sector, are valued in the range of RS 5,000 crore to RS 10,000 crore.

L&T and SAIL share a long-standing association spanning several decades, during which numerous metallurgical projects have been successfully executed across the country. This collaboration continues to support India’s steel sector through innovation, capacity expansion and sustainable development initiatives.

As part of its modernisation and expansion plans, SAIL aims to raise the crude steel capacity of the IISCO Steel Plant at Burnpur, West Bengal, from 2.5 MTPA to 6.5 MTPA. Under this programme, L&T’s M&M business has been awarded the complete engineering, procurement and installation package for key process units, including the Coke Oven Battery, By-Product Plant, Basic Oxygen Furnace and specialised material handling equipment forming the backbone of the new steel complex.

Additionally, the M&M vertical has secured multiple orders for advanced material handling systems such as Stacker Reclaimers and Wagon Tipplers from various clients across India, underscoring its expertise in delivering high-technology solutions across the minerals and metals value chain.

Larsen & Toubro is an Indian multinational company with operations spanning technology, engineering, construction, manufacturing and financial services.