Introduction
Leading engineering firm wins a ₹2,500 to 5,000 crore order from Petronet LNG for LNG, Ethane, and Propane storage tanks at Dahej Petrochemical Complex, Gujarat.
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Share price movement of L&T
On January 16, 2026, Larsen & Toubro Ltd opened at ₹3,868.55, up 0.84% from its previous close of ₹3,865.50. The stock reached a high of ₹3,914.00 (1.27%) and a low of ₹3,860.50. By 10:57 AM, it traded at ₹3,897.90, a 0.84% increase, with a market cap of ₹5,36,187.67 crore.
L&T Secures ₹2,500 to 5,000 Cr Order
Larsen & Toubro Ltd’s (L&T) Hydrocarbon Onshore business has secured a large order from Petronet LNG. The joint venture is promoted by ONGC, IOCL, GAIL, and BPCL. The order value ranges between ₹2,500 to 5,000 crore.
The project covers engineering, procurement, construction, and commissioning of LNG/Ethane and Propane double-wall storage tanks at Dahej Petrochemical Complex, Gujarat. Ethane and Propane handling and dispatch facilities are also included in the scope.
The complex integrates cold energy utilisation from the LNG terminal. It supports Propane Dehydrogenation and Polypropylene plants. The project aims to strengthen domestic polypropylene production and aligns with Aatmanirbhar Bharat objectives.
Stock performance of L&T for Period of 1 week, 6 months, and 1 year
Larsen & Toubro Ltd delivered a -3.96% return over the past week, gained 11.6% in the past 6 months, and rose 10.2% over the past 1 year.
Also Read: NLC India shares jump after getting big on renewables with ₹25,000 Cr Gujarat MoU
Shareholding pattern of L&T
| Particulars | Sep 2025 | Jun 2025 | Mar 2025 |
| Promoter | 0.00% | 0.00% | 0.00% |
| FII | 19.50% | 19.30% | 19.80% |
| DII | 43.60% | 43.70% | 43.00% |
| Public | 36.90% | 37.00% | 37.30% |
About L&T
Larsen & Toubro Ltd (NSE: LT) is a USD 30 billion Indian multinational in EPC projects, hi-tech manufacturing, and services, delivering quality and leadership across multiple geographies for eight decades.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Larsen & Toubro Ltd share price rising today?
A: Larsen & Toubro Ltd wins large order from Petronet LNG for LNG, Ethane, and Propane storage tanks at Dahej, Gujarat.
Q: What is Larsen & Toubro Ltd’s main business focus?
A: Larsen & Toubro Ltd focuses on EPC projects, hi-tech manufacturing, and services across multiple geographies with a strong quality approach.
Q: What is the 52-week high and low of Larsen & Toubro Ltd stock?
A: Larsen & Toubro Ltd stock’s 52-week high is ₹4,194.70, and the 52-week low is ₹2,967.65.
