OICHARTS
8 AMThe 8 AM report →
MetalsInfrastructureMedium impactPre-market

L&T secures order for green iron facility in Oman

Larsen & Toubro secured a FEED contract for a 2.5 MTPA DRI and HBI plant in Oman’s SEZAD. This project enhances L&T's portfolio in the Minerals & Metals sector, potentially boosting revenue and market position.

pre-market1 source ↓written by the desknot a recommendation

Direct Reduced Iron
2.5 MTPA

Larsen & Toubro (L&T) has secured a FEED contract for a 2.5 MTPA Direct Reduced Iron (DRI) and Hot Briquetted Iron (HBI) plant in Oman’s Special Economic Zone at Duqm (SEZAD). The project will involve detailed engineering design and project execution strategy.

This order enhances L&T's portfolio in the Minerals & Metals sector, potentially boosting its revenue and market position in the Middle East.

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 2 Jul 2026, 07:13 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

LT closed −0.8% on the day of the news, from ₹4,092.60 to ₹4,059.40; Nifty +0.7% over the same session; futures OI +1.6%.

Bulletin at 07:13 IST on 2 Jul 2026. Every change is measured from ₹4,092.60, the last close before it, on 1 Jul. 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 it377240934413axis spans 17%before the news · 1 Jul4093Nifty 50LTbulletinD0+1+3+524 Jun7 Jul16 JulFutures open interest, lotspeak 95,000Reference close ₹4,092.60. 16 sessions from 24 Jun to 16 Jul; 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 %
Before1 Jul₹4,092.60basebase
On the day2 Jul₹4,059.40▼ −0.8%▲ +0.7%−1.5 pp difference
+1 session3 Jul₹4,026.60▼ −1.6%▲ +1.1%−2.7 pp difference
+3 sessions7 Jul₹3,991.90▼ −2.5%▲ +1.6%−4.1 pp difference
+5 sessions9 Jul₹3,886.00▼ −5.0%▼ −0.2%−4.9 pp difference
Gap at the open, % · ₹
▲ +0.2%+7.37 on 2 Jul
Day's range, % · ₹
2.4%≈ 98 high to low
Volume on the day
1.26×the 20-session average
Futures OI on the day
▲ +1.6%+1,300 lots · short build-up · price −0.8%
Futures OI open, lots
82,0002 Jul · 28 Jul expiry
Futures premium, ₹
+21.10+0.5% to spot
Puts per call, by OI
0.51from 0.57 the session before
Max pain
4,100from 4,140 the session before

Source NSE UDiFF bhavcopy · LT on the desk →

Thread · LTAll LT bulletins →

Related