NSE: LT · 13 October 2026
- Larsen & Toubro Ltd. (LT) shares traded lower on Tuesday, declining 2.20% to ₹3,621.70 compared to the previous close of ₹3,703.30. The stock opened at ₹3,26.50 and hovered near the day's low, touching a session low of ₹3,593.20 and a high of ₹3,26.50.
- L&T Energy CarbonLite Solutions secured a Limited Notice to Proceed from DVC CIL Power Private Ltd for the main plant package of the 2×800 MW Chandrapura thermal power plant in Jharkhand. The project involves ultra-supercritical power generating units, with L&T's scope covering design, engineering, manufacturing, supply, erection, and commissioning. DVCCIL will issue the final Notice to Proceed once requisite environmental clearances are obtained.
Why is Larsen & Toubro share price falling on 13 October 2026?
Larsen & Toubro Ltd. (LT) shares traded lower on Tuesday, declining 2.20% to ₹3,621.70 compared to the previous close of ₹3,703.30. The stock opened at ₹3,26.50 and hovered near the day's low, touching a session low of ₹3,593.20 and a high of ₹3,26.50.
While the broader Nifty benchmark advanced by 0.56% during the session, Larsen & Toubro lagged the wider market trend. The negative price movement follows a modest positive return of 2.16% recorded in the prior trading session and a flat 0.05% change over the preceding two sessions, reflecting intraday profit-taking and selling pressure that pushed the equity below its opening levels.
The recent price action coincides with a series of operational announcements from the engineering conglomerate, including a recent Limited Notice to Proceed (LNTP) secured by L&T Energy CarbonLite Solutions for a 1,600 MW thermal power plant in Jharkhand, as well as multiple order wins in its Power Transmission & Distribution business. However, these order wins and senior management promotions announced in early October serve as broader business context rather than direct, confirmed catalysts for today's specific price decline.
83,799 shares traded by 13 October 2026 · 09:35 AM IST. Separately, the NSE report for 12 October 2026 showed 6.28 lakh shares delivered, representing 53.35% of that day’s traded volume. The same report recorded 92,788 trades.
The stock declined 2.20% despite a positive Nifty index, reflecting intraday selling pressure and profit-taking following a 2.16% gain in the prior session. No single confirmed company event directly triggered today's downward move.
Latest Company Developments
L&T Energy CarbonLite Solutions secured a Limited Notice to Proceed from DVC CIL Power Private Ltd for the main plant package of the 2×800 MW Chandrapura thermal power plant in Jharkhand. The project involves ultra-supercritical power generating units, with L&T's scope covering design, engineering, manufacturing, supply, erection, and commissioning. DVCCIL will issue the final Notice to Proceed once requisite environmental clearances are obtained.
Reinforces the company's position in India's thermal power sector and adds to its expanding infrastructure order book.
The Power Transmission & Distribution vertical secured multiple EPC orders in India and abroad for strengthening power transmission infrastructure and enabling renewable energy evacuation. Wins include 380 kV transmission and substation segments in Saudi Arabia, 132/11 kV substations in the UAE, and a domestic transmission system order in Visakhapatnam from a leading private sector developer.
Demonstrates sustained order momentum across key international and domestic geographies for power infrastructure.
Larsen & Toubro informed the exchanges regarding the categorization of key officials under Senior Management Personnel following promotions effective July 1, 2026. The officials include Dr. C Jayakumar (Head – Corporate Human Resources), Mr. Suresh Kumar Narang (Head – CarbonLite Solutions IC), Mr. S Ramkumar (Head – Transportation Infrastructure IC), and Mr. Sriraman T (Head – Residential, Commercial Buildings & Factories IC).
Provides formal disclosure of leadership alignment across major business verticals pursuant to SEBI regulations.
L&T Q1 Results Today: Time, Earnings Call Schedule, What To Watch Out For, Share Price Performance.
allotment of 50,000 Listed, Rated, Unsecured, Redeemable, Tokenised Non-Convertible Debentures at its meeting held on September 09, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 20.10% on 30 June 2026. This compares with 20.50% on 31 March 2026, a change of -0.40 percentage points.
The filing reported 60 MF/UTI holders.
Historical Bulk / Block Deals
What to Watch Next
- Execution progress on recently secured orders including the 1,600 MW Chandrapura thermal power plant LNTP
- Updates regarding the timeline for the disposal of the stake in L&T Metro Rail (Hyderabad) Limited set for December 31, 2026
- Order inflow announcements across international and domestic infrastructure verticals
- Cash volume and delivery trends relative to recent trading sessions
Other Dated Coverage
- Larsen & Toubro in Focus After Major Power Plant Order and Management Updates | 8 October 2026 — 8 October 2026
- Larsen & Toubro Share Price Today: Why LT Is Falling 1.82% | 7 October 2026 — 7 October 2026
- Why L&T Shares Are Up 0.53% Today: Order Momentum & Price Action | 6 October 2026 — 6 October 2026
More Larsen & Toubro news and dated analysis →
Frequently Asked Questions
What is the latest Larsen & Toubro company news?
L&T Energy CarbonLite Solutions secured a Limited Notice to Proceed from DVC CIL Power Private Ltd for the main plant package of the 2×800 MW Chandrapura thermal power plant in Jharkhand. The project involves ultra-supercritical power generating units, with L&T's scope covering design, engineering, manufacturing, supply, erection, and commissioning. DVCCIL will issue the final Notice to Proceed once requisite environmental clearances are obtained.
Do the mutual-fund figures show buying today?
They show holdings on 30 June 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.