L&T secures ₹2,500 crore order amid stock decline
Larsen and Toubro secured significant orders worth up to ₹2,500 crore for various projects, including a float glass plant in Gujarat. However, shares declined by up to 3% amid concerns related to West Asia.
pre-market1 source ↓written by the desknot a recommendation
- for its buildings
- ₹2,500 crore
- due to ongoing
- 3%
Larsen and Toubro (L&T) Ltd. has secured significant orders worth up to ₹2,500 crore for its buildings and factories vertical, including a float glass plant in Gujarat and a manufacturing facility for a two-wheeler company in Andhra Pradesh.
Despite this achievement, shares fell by up to 3% due to ongoing concerns in West Asia, impacting investor sentiment.
Not investment advice. For informational purposes only.