Synopsis: Construction giant secures back-to-back wins spanning luxury housing and advanced automotive infrastructure, signalling strong domestic order momentum.
India’s largest engineering and construction conglomerate has bagged multiple significant orders through its Buildings & Factories vertical, spanning two very different but high-value segments – premium residential real estate and cutting-edge automotive testing infrastructure. Both contracts are domestic, and the combined order value falls in the ‘Significant’ bracket, pegged between ₹1,000 crore and ₹2,500 crore.
With a market cap ofRs.5,55,618 Crore, the shares of Larsen & Toubro Ltd. are trading at Rs. 4039 per share, i.e. 0.73 percent up from its opening price of Rs. 4009.9. The stock hit an intraday high of Rs. 4050 during the session.
New Contracts Cement Dual-Sector Dominance
Seven Towers Rising in Gurugram
The Buildings & Factories (B&F) vertical has secured a contract from Oberoi Realty to construct seven high-rise residential towers in Gurugram, NCR. The scope covers RCC shell and core construction, along with earthworks and piling – all to be delivered within tight timelines. The mandate taps into the ongoing surge in demand for premium housing in the National Capital Region, where luxury developers are aggressively expanding their project pipelines. For the B&F vertical, this win reinforces its growing footprint in high-end residential construction, a segment that demands both precision and speed.
Building the Track Where Future Vehicles Get Tested
The second order involves constructing a Proving Ground for a reputed international company in Haryana. A proving ground is a specialised facility used to test vehicles under controlled but demanding conditions – critical infrastructure for automakers developing cars embedded with the latest technology, including electric and connected vehicle platforms. The scope goes beyond just the track itself, covering finishing works and external development for the broader facility. This is a relatively niche mandate, and winning it underlines the vertical’s capability to execute technically complex, industrial-grade projects.
Across both wins, the common thread is execution under stringent timelines – a recurring requirement that L&T’s B&F vertical has built its reputation around. The vertical has delivered EPC solutions across hospitals, airports, data centres, factories, and new energy facilities, making it one of the most diversified construction arms in the country. Larsen & Toubro reached a record-high order book of ₹7.33 lakh crore as of December 2025, driven by its expansive portfolio of global engineering and construction projects.
About the Company
Larsen & Toubro is a USD 30 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, and Services. The Buildings & Factories vertical delivers end-to-end construction solutions across residential, commercial, industrial, and infrastructure segments, backed by eight decades of engineering expertise.
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