L&T secures ₹2,500 crore order for Dubai road project
pre-market1 source ↓written by the desknot a recommendation
Larsen & Toubro Limited's shares rose over 1% to an intraday high of ₹4,172 after securing a work order worth ₹2,500 crore for the improvement of Latifa Bint Hamdan Street in Dubai. This order is part of the Phase-1 road development initiative by UAE authorities, enhancing L&T's portfolio in the transportation infrastructure sector.
The significant order may bolster investor sentiment and support L&T's growth strategy in international markets.
Not investment advice. For informational purposes only.