L&T Shares In Focus After Company Announces New Orders Of Up To ₹5,000 Crore For Delhi And Andhra Pradesh Projects
Add Preferred News Source
L&T has secured large orders valued between ₹2,500 crore and ₹5,000 crore for government construction projects in New Delhi and Amaravati. However, L&T shares fell on the NSE following the order announcement.
Larsen & Toubro (L&T) Limited announced new order wins in a regulatory filing with the stock exchanges on 21 October 2026. The contracts were secured by its public spaces, airports and health (PAH) business vertical.
Under the company’s order classification, contracts valued between ₹2,500 crore and ₹5,000 crore are categorised as large orders.
Despite the order wins, the company’s share price fell on the day of the announcement. Moreover, the L&T share price had declined 10% so far in 2026.
At 1:00 pm, L&T shares were trading at ₹3,650.30, down 0.32% on the National Stock Exchange (NSE). The stock opened at ₹3,679.00 and touched an intraday high and low of ₹3,702.60 and ₹3,638, respectively.
L&T Orders Details
The first contract was awarded by the Central Public Works Department (CPWD) for the construction of Common Central Secretariat buildings 4 and 5 along Kartavya Path in New Delhi.
The project will be executed on an engineering, procurement and construction (EPC) basis. The two buildings will each have a basement, ground floor and seven upper floors, with a combined built-up area of 32.8 lakh square feet.
L&T’s work includes structural and architectural construction, mechanical, electrical and plumbing (MEP) systems, and external development. Completion is scheduled within 24 months, followed by five years of operation and maintenance.
Second L&T Order For Amaravati Project
The second order was awarded by the Andhra Pradesh government for two office towers on either side of the Amaravati Quantum Computing Centre.
The towers will each comprise a basement, ground floor and 47 upper floors. Their combined built-up area will cover 37.5 lakh square feet. The design-and-build contract includes shell and core works, with completion planned within 30 months.
L&T’s Other Order Wins And Upcoming Quarterly Results
Earlier in October, L&T’s power transmission and distribution business secured multiple EPC orders classified as mega, valued between ₹10,000 crore and ₹15,000 crore. The company had also begun initial activities for the New Tashkent International Airport project in Uzbekistan.
Also, L&T is scheduled to announce its September-quarter results on 27 October 2026, providing investors with another update to watch alongside its order wins.
Also Read - IT Stocks Rally As L&T Technology Services Leads Gains After Q2 Results; TCS, Infosys And Wipro Also Advance
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
Right Tools, Rich Insights
