Why L&T Share Price is Rising

L&T is a leading Indian multinational with a diverse presence in engineering, construction, manufacturing, technology, and services.

It's considered a bluechip in the Indian stock market.

L&T's share price rallied 5% today.

What's behind this rally?

Let's take a closer look.

2 Reasons Why L&T Share Price is Rising Today

#1 Strong Q1 FY26 Results

Shares of L&T came into focus after the company reported its Q1 FY26 results with double-digit growth in revenue and profit, driven by good order execution and inflows.

The company's Q1 revenue rose 16% to Rs 636.8 billion (bn), driven by strong execution in the Projects & Manufacturing business.

EBITDA grew 13% to Rs 63.2 bn in Q1 FY26. However, EBITDA margins contracted slightly to 9.9% compared to 10.2% in the same period last year.

The company's Q1 new orders surged 33% to Rs 944.5 bn, driven by strong demand across various business segments.

L&T's Q1 net profit rose 29.8% to Rs 36.2 bn from Rs 27.8 bn in the same period last year.

#2 Offshore Hydrocarbon Mega Deal

Another main reason for the rise in its share price is Offshore Hydrogen Mega Deal.

L&T secured an ultra-mega order for its hydrocarbon offshore business from a Middle East client. The order is worth Rs 150 bn.

The contract involves multiple offshore projects, including designing, building and installing offshore structures, as well as upgrading existing facilities.

L&T's hydrocarbon offshore vertical provides comprehensive services of the offshore oil and gas sector, including design, supply, construction and commissioning.

What Next?

L&T is exploring new businesses like renewables, green hydrogen and offshore wind. It has formed a subsidiary, L&T Green Energy Kandla, focused on green hydrogen and related projects.

The new entity will work on renewable energy projects, including a green hydrogen plant in Kandla in Gujarat, starting 1 MW capacity and aiming to scale up 10 MW.

It's also looking into a partnership to boost green energy production, including solar power and thermal energy storage.

The company is focusing on faster execution. Its large Rs 8,100 bn order pipeline puts the company in a strong position for future growth.

How L&T Share Price has Performed Recently

In the past five days, L&T share price is up 5%. In the last six months, it's up 7%.

In the past one year, the share price has declined about 3%.

The stock touched its 52-week high of Rs 3,963 on 10 December 2024 and a 52-week low of Rs 2,967.6 on 7 April 2025.

About L&T

L&T is a leading Indian multinational conglomerate with a diverse presence in engineering, construction, manufacturing, technology, and services.

Founded in 1938 and headquartered in Mumbai, L&T operates in over 50 countries worldwide, serving sectors such as infrastructure, hydrocarbon, power, defence, aerospace, shipbuilding, and information technology.

The company has a strong global footprint with manufacturing facilities in eight countries and offices across more than 30 countries.

L&T has ventured into new areas, launching platforms like L&T-SunFin for industrial e-commerce and L&T EduTech for digital education in engineering.

It's a powerhouse in India's industrial and infrastructure landscape, actively transforming into a technology-driven, service-oriented conglomerate with a strong commitment to sustainability and global expansion.

To know more, check out L&T fact sheet and latest quarterly results. You can also compare L&T with its peers on our website.

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Investors should evaluate the company's fundamentals, corporate governance, and valuations of the stock as key factors when conducting due diligence before making investment decisions.

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