L&T Shares
Larsen & Toubro (L&T) brings engineering, construction, technology, and finance under one trusted Indian brand. Investors who want exposure to India’s core sectors often start with L&T Ltd and then look at listed group companies like LTIMindtree, L&T Technology Services, and L&T Finance.
L&T Group Stocks
History of L&T Group
L&T began as a small trading and engineering outfit founded by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro, who came to India before Independence and set up the firm in 1938. Over time, the company shifted from agency work to manufacturing and large engineering projects, building a reputation for quality and execution. It added heavy engineering, shipbuilding, and equipment for process industries, and later expanded into power, hydrocarbons, defence, and services.
L&T entered information technology services through its own unit, which later became L&T Infotech. In November 2022, L&T merged L&T Infotech with Mindtree to create LTIMindtree, a top-tier Indian IT services company by market value. Around the same time, L&T strengthened its focus on digital, green projects, and international EPC wins. Today, it is a professionally managed company with no promoter group and a widely held shareholding base, which is unusual among large Indian conglomerates.
L&T Group’s Sector Presence
The company currently operates in the following sectors:
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Engineering and Construction: L&T implements multi-faceted infrastructure projects in transport, water, urban infrastructure, power transmission, and metro. It has an Indian and overseas order book and a good domestic and foreign mix.
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Hydrocarbon and Energy: The group delivers onshore and offshore projects, refineries, petrochemicals, and energy transition solutions. It also participates in power equipment and grid projects through specialised businesses.
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Technology Services: Through LTIMindtree and L&T Technology Services (LTTS), the group serves global clients in IT services and ER&D (engineering research and development). These businesses add stable, fee-based revenue and global reach.
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Financial Services and Realty: L&T Finance offers loans to retail and rural segments, while L&T Realty develops residential and commercial projects in key Indian cities. Together, they give investors exposure beyond pure EPC. (Check live details on Kotak Securities before investing.)
About L&T Group of Companies
Below are the groups of companies that come under the L&T Group of companies:
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Larsen & Toubro Ltd (L&T): The flagship. It drives the group’s engineering, manufacturing, and EPC projects in India and abroad. L&T reports a large consolidated order book and continues to win work in transmission, hydrocarbons, and urban infrastructure. The company also raises sustainability-linked funding to support green goals.
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LTIMindtree (LTIM): A top Indian IT services firm created by the merger of LTI and Mindtree in 2022. It delivers digital, cloud, and data programmes to global clients and has recently reported large deal wins. L&T holds a majority stake.
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L&T Technology Services (LTTS): A leading ER&D services player in automotive, industrial, semiconductors, and medical. It is a listed subsidiary with L&T as the parent.
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L&T Finance: A listed NBFC with meaningful promoter holding from L&T. It focuses on retail lending and rural finance and publishes regular shareholding updates.
These companies together give investors a mix of India’s infrastructure growth and global technology services, with different risk-return profiles.