Large cap construction sector company Larsen & Toubro Ltd shares today witnessed marginal decline of 0.08% on Bombay Stock Exchange (BSE) even after the company bagged large order from Hindalco. Last trading price of L&T shares on BSE stood at Rs 3275.00 per share. The stock declined 10.80% year-to-date. In comparison Sensex fell 3.55%, BSE Capital Goods index slipped 14.87% and BSE Industrial index dived 17.61%. Meanwhile, the company has a market capitalisation of Rs 4,50,369.82 crore. However, in last 3-years, shares of L&T surged 73.64%. It offers a return on equity (ROE) at 15.22%. It is worth mentioning that psu insurer LIC has a stake of 12.61% in the company. Check key details below:
Larsen & Toubro Ltd Bags Large Order From Hindalco
According to the exchange filing of Larsen & Toubro Ltd dated Feb 20, 2025, “the Minerals & Metals (M&M) business vertical of L&T secured an order from Hindalco for setting up an 850 KTPA (kilo tonne per annum) greenfield alumina refinery plant in Odisha. The scope of work includes engineering, procurement, construction & installation. L&T has been associated with Hindalco for over three decades, playing a key role as an EPC contractor in their expansion programmes across alumina, aluminum and copper plants. The new order signifies Hindalco’s trust in L&T as a dependable partner to drive their ambitious growth plans.”
M&M earlier secured an order for setting up an 8 MTPA (million tonne per annum) Pellet Plant from a leading steel producer in India. The scope of work includes engineering, manufacturing, supply, construction & installation in collaboration with reputed technology providers, added the exchange filing.
“M&M has successfully commissioned several steel plants and alumina refinery projects, both greenfield and brownfield, across India and the Middle East. These new orders reaffirm L&T’s leadership in EPC steel plants and alumina refinery projects and are a testament to its commitment to excellence and customer satisfaction,” said Mr D K Sen, Executive Committee Member & Advisor to the CMD, L&T.
Larsen & Toubro Shares Performance
The 52-week high price of Larsen & Toubro shares on BSE stood at Rs 3963.00 per share (as on 10/12/2024) and 52-week low price is Rs 3175.50 per share (as on 05/06/2024), respectively. The stock surged marginally by 0.08% in last 1-week, fell 6.69% in last 3-months, and declined by 2.45% in last 1-year. In last 5-years, the stock surged 155.40% when Sensex gained 83.92%.
Larsen & Toubro Dividend History
It recommended a total of 28 dividends since August 11, 2003. In last 1-year, the company declared an equity dividend of Rs 28.00 per share. The dividend yield of the stock is Rs 0.85%.
Larsen & Toubro Bonus Share History
L&T recommended a total of 4 bonuses since September 28, 2006. Its last bonus was declared in 1:2 ratio with ex-date set as July 13, 2017.
About
Larsen & Toubro is a USD 27 billion Indian multinational enterprise engaged in EPC Projects, Hi-Tech Manufacturing, and Services, operating across multiple geographies. A strong, customer–focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades.
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