L&T Share: Infrastructure giant Larsen & Toubro (L&T) has secured a major engineering contract from JSW Energy, valued between ₹1,000 crore and ₹2,500 crore. The order pertains to the development of the Bhavali Pumped Storage Project (PSP) in Maharashtra — a key move in India’s transition to renewable energy.
This win has put L&T share price today in the spotlight, reflecting investor optimism over its growing EPC (Engineering, Procurement & Construction) order book in the energy space.
Project Details: From Hydro Power to Rural Water
JSW Energy – Bhavali PSP, Maharashtra
The Bhavali PSP, with a planned capacity of 1,500 MW, is being built across Nashik and Thane districts. Under this EPC contract, L&T’s Heavy Civil Infrastructure (HCI) division will handle:
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Construction of upper and lower reservoirs
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Water conductor systems and pressure tunnels
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Underground powerhouse units
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Associated civil infrastructure like approach roads
These storage-based hydropower projects help balance the grid during peak demand by storing and dispatching power as needed — especially important as India increases its reliance on intermittent renewable sources like solar and wind.
Rajasthan Govt – Rural Water Infra
Just days before the JSW order, L&T secured an EPC contract for the Rajasthan Rural Water Supply and Fluorosis Mitigation Project – Phase II, Package-1. Scope of work includes:
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5,251 km of transmission and distribution pipelines
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38 ground-level reservoirs (total capacity: 40 ML)
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132 overhead service reservoirs (total capacity: 25 ML)
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20 pump houses across the region
This project underlines L&T’s growing footprint in rural and urban water infrastructure, a space increasingly backed by government capex.
Read More: L&T-Rajasthan Order Deal: Rajasthan Hands Over ₹2500 Cr Mega Water Project to L&T
L&T Share: Q4 FY25 Results Snapshot
| Metric | Q4 FY25 | YoY Change |
|---|---|---|
| Revenue | ₹63,341 crore | ↑ 15.6% |
| Net Profit | ₹4,396 crore | ↑ 10.1% |
| EBITDA | ₹8,520 crore | ↑ 12.3% |
| Order Inflows | ₹75,990 crore | ↑ 21% |
| Total Order Book | ₹4.5 lakh crore | Record High |
L&T share price last traded at ₹3,679.25, up 0.62% higher than previous day close following the order news.
Sector Insights: Infra & Energy Stocks on the Rise
L&T’s back-to-back order wins — including another ₹1,000–2,500 crore EPC contract last week from the Rajasthan government for rural water supply — indicate a strong capex cycle across India’s infrastructure and utility sectors.
Other infrastructure peers like KEC International, NCC Ltd, and Kalpataru Projects have also reported rising order books in Q4. However, L&T’s consistent scale and execution capability continue to make it a preferred pick for large-value, time-sensitive projects.
L&T Share Price: Market Sentiment
Many analysts are bullish on L&T share price today, citing:
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A record-high order book of ₹4.5 lakh crore
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Strong visibility in energy transition, water infra, and transport segments
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Expected earnings CAGR of 15–18% over FY25–FY27
Also Read: NTPC Share Price Jumps After New 193 MW Solar Plant Commissioned
Outlook: What’s Next for L&T Investors?
This latest JSW Energy contract reinforces L&T’s positioning as India’s go-to EPC partner for green and sustainable infrastructure. With rising government focus on pumped storage and renewable integration, L&T is likely to benefit from more such tenders.
Additionally, the company’s healthy balance sheet, robust execution track record, and rising international exposure offer a compelling long-term story for investors looking at infrastructure-led growth.
Final Take: Should You Watch L&T ShareNow?
For Indian retail investors, L&T continues to offer stable earnings visibility, exposure to high-growth sectors, and potential upside from infrastructure-related government capex. With increasing traction in green energy projects, L&T may very well emerge as the backbone of India’s renewable revolution.
Keep an eye on L&T share price today, especially as more “significant” and “large” orders are expected to flow in this financial year.
Disclaimer: The views and investment insights provided here are based on publicly available information and do not constitute financial advice. Readers are advised to conduct their own research or consult certified financial experts before making investment decisions.
