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InfrastructureHigh impactAfter close

L&T secures major contract for Riyadh Metro extension

after close1 source ↓written by the desknot a recommendation

from the Royal
₹5,000 cr and ₹10,000 cr
with elevated
8.4 km corridor

Larsen & Toubro's Heavy Civil Infrastructure unit has won a major contract valued between ₹5,000 cr and ₹10,000 cr from the Royal Commission of Riyadh City for the Riyadh Metro Red Line extension. This project includes an 8.4 km corridor with elevated and underground sections, enhancing L&T's global footprint in metro projects.

The contract's significance lies in its potential to boost L&T's revenue and strengthen its position in the infrastructure sector, particularly in international markets. This win may positively influence investor sentiment towards L&T's stock in the near term.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 3 Feb 2026, 16:08 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

LT closed +1.2% on the day of the news, from ₹4,038.80 to ₹4,087.10; Nifty +0.2% over the same session; futures OI +1.8%.

Bulletin at 16:08 IST on 3 Feb 2026. Every change is measured from ₹4,038.80, the last close before it, on 3 Feb. Nifty 50 is measured over the same sessions.

  • LT close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
LT closes around the bulletin against the close before the news, with Nifty 50 rebased to it372240394355axis spans 17%before the news · 3 Feb4039Nifty 50LTbulletinD0+1+3+529 Jan9 Feb18 FebFutures open interest, lotspeak 88,000Reference close ₹4,038.80. 16 sessions from 29 Jan to 18 Feb; the price axis spans 17 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before3 Feb₹4,038.80basebase
On the day4 Feb₹4,087.10▲ +1.2%▲ +0.2%+1.0 pp difference
+1 session5 Feb₹4,063.30▲ +0.6%▼ −0.3%+0.9 pp difference
+3 sessions9 Feb₹4,113.60▲ +1.9%▲ +0.5%+1.3 pp difference
+5 sessions11 Feb₹4,170.40▲ +3.3%▲ +0.9%+2.4 pp difference
Gap at the open, % · ₹
▼ −0.2%−9.69 on 4 Feb
Day's range, % · ₹
2.2%≈ 90 high to low
Volume on the day
0.61×the 20-session average
Futures OI on the day
▲ +1.8%+1,500 lots · long build-up · price +1.2%
Futures OI open, lots
86,0004 Feb · 24 Feb expiry
Futures premium, ₹
+6.90+0.2% to spot
Puts per call, by OI
0.98from 0.93 the session before
Max pain
4,000from 3,980 the session before

Source NSE UDiFF bhavcopy · LT on the desk →

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