
Stock News & Updates.
May 14, 2025 at 07:11 AM
*News Update*
🔸 *Larsen & Toubro (L&T) has bagged an order worth ₹2,500–5,000 crore in its Factories & Buildings vertical* .
- The scope includes building development in Delhi and construction of Andhra Pradesh state assembly.
- Both projects are to be completed within 18 months.
- The order contributes ~1% to the company's annual inflow target, enhancing revenue visibility.
🔸 *L&T’s subsidiary, L&T Green Tech, has secured a contract to build and operate a 10 KTPA Green Hydrogen facility in Haryana.*
- L&T emerged as L1 bidder with a supply rate of ₹397/kg, slightly ahead of NTPC’s ₹398/kg.
- The project is expected to generate ₹397 crore in annual revenue.
- This marks a breakthrough in L&T’s clean energy ambitions and strengthens its foothold in the green hydrogen segment.
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