NSE: LT · 28 October 2026
- Larsen & Toubro Ltd. (LT) shares advanced 3.95% today, closing at ₹3,810.00 after moving within a session range of ₹3,777.90 to ₹3,892.30. The stock opened at ₹3,820.00, marking a positive gap of 4.23% over the previous close of ₹3,665.10.
- Larsen & Toubro reported consolidated revenues of ₹78,750 crore for the quarter ended September 30, 2026, reflecting a 16% year-on-year growth driven by accelerated progress across its Projects, Products, and Manufacturing portfolio. Consolidated Profit After Tax grew 33% year-on-year to ₹5,202 crore, supported by robust activity levels and improved operational performance. International revenues constituted 58% of total quarterly revenue at ₹45,870 crore.
- Trading volume was 2.85 times the 20-day average daily volume.
Why is Larsen & Toubro share price rising on 28 October 2026?
Larsen & Toubro Ltd. (LT) shares advanced 3.95% today, closing at ₹3,810.00 after moving within a session range of ₹3,777.90 to ₹3,892.30. The stock opened at ₹3,820.00, marking a positive gap of 4.23% over the previous close of ₹3,665.10.
Against broader market benchmarks, the stock outperformed the Nifty index, which registered a decline of 0.22% during the session. The positive price action aligns with a steady short-term recovery, bringing the stock's 5-day return to 4.79%, while its 20-day return stands at 1.16%, reflecting renewed buying interest in heavyweight engineering and infrastructure counters.
The upward momentum coincides with the company's recent Q2 and H1 FY27 financial results released on October 27, 2026, reporting a consolidated net profit of ₹5,202 crore, up 33% year-on-year, and revenues of ₹78,750 crore, marking a 16% rise. Additionally, the company secured record quarterly order inflows of ₹147,665 crore, pushing its total order book to an all-time high of ₹853,514 crore and providing robust multi-year revenue visibility.
55.02 lakh shares traded by 28 October 2026 · 03:10 PM IST. This compares with a 20-day average daily volume of 19.30 lakh shares (2.85 times). The five-day average daily volume was 18.42 lakh shares. Separately, the NSE report for 27 October 2026 showed 7.19 lakh shares delivered, representing 48.85% of that day’s traded volume. The same report recorded 76,468 trades.
The stock's 3.95% gain on high trading volume aligns directly with the release of strong Q2 FY27 financial results and record order inflows reported to the exchange.
Latest Company Developments
Larsen & Toubro reported consolidated revenues of ₹78,750 crore for the quarter ended September 30, 2026, reflecting a 16% year-on-year growth driven by accelerated progress across its Projects, Products, and Manufacturing portfolio. Consolidated Profit After Tax grew 33% year-on-year to ₹5,202 crore, supported by robust activity levels and improved operational performance. International revenues constituted 58% of total quarterly revenue at ₹45,870 crore.
Demonstrates strong revenue acceleration and bottom-line expansion across core business segments, underpinning investor sentiment.
The company secured record quarterly order inflows of ₹147,665 crore, representing a 28% year-on-year increase, led by large-scale wins in Energy-Conventional, Hydrocarbon, and Public Spaces. Consequently, the group's consolidated order book expanded to an all-time high of ₹853,514 crore as of September 30, 2026, with international orders accounting for 54% of the total.
Provides multi-year revenue visibility and confirms sustained capital expenditure momentum across domestic and international markets.
L&T's Transportation Infrastructure business secured major design and build orders for two key systems packages, CP09 and CP10, of the Dhaka Mass Rapid Transit Development Project Line 1 in Bangladesh. The scope covers track works, electrical systems, signalling, telecommunications, and platform screen doors for Bangladesh's first underground metro project.
Reinforces L&T's established footprint in complex international urban transit systems and recurring order wins from global transit authorities.
Larsen & Toubro Limited has submitted to the Exchange, the consolidated and standalone un-audited financial results of the Company for the quarter and half-year ended September 30, 2026.
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 19.39% on 30 September 2026. This compares with 20.10% on 30 June 2026, a change of -0.71 percentage points.
The filing reported 61 MF/UTI holders.
Historical Bulk / Block Deals
What to Watch Next
- Execution progress and revenue realization from the record ₹8.53 lakh crore order book
- Margin trajectories across Energy-Conventional and Infrastructure segments amid input cost pressures
- Sustained delivery volume participation and institutional flows relative to the 20-day average volume of 2.85x
- Updates on international order conversions in the hydrocarbon and green energy portfolios
Other Dated Coverage
- Larsen & Toubro Share Price Today: Why LT Is Rising 0.06% | 22 October 2026 — 22 October 2026
- Larsen & Toubro Share Price Today: Why LT Is Rising 0.45% | 21 October 2026 — 21 October 2026
- Larsen & Toubro Share Price Today: Why LT Is Rising 0.79% | 19 October 2026 — 19 October 2026
More Larsen & Toubro news and dated analysis →
Frequently Asked Questions
What is the latest Larsen & Toubro company news?
Larsen & Toubro reported consolidated revenues of ₹78,750 crore for the quarter ended September 30, 2026, reflecting a 16% year-on-year growth driven by accelerated progress across its Projects, Products, and Manufacturing portfolio. Consolidated Profit After Tax grew 33% year-on-year to ₹5,202 crore, supported by robust activity levels and improved operational performance. International revenues constituted 58% of total quarterly revenue at ₹45,870 crore.
How strong was Larsen & Toubro’s trading volume?
55.02 lakh shares traded, 2.85 times the 20-day average daily volume. The price and volume data are dated 28 October 2026 · 03:10 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 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.