Rs 6+ lakh crore order book: L&T Wins Order for Transportation Infrastructure Business
DSIJ Intelligence-1Categories: Mindshare, Trending
The stock is up by 35 per cent from its 52-week low and has given multibagger returns of over 200 per cent in the last 5 years.
The Transportation Infrastructure business vertical of Larsen & Toubro Ltd (L&T) has won a significant order for an arterial Cable-Stayed Bridge over the Muri Ganga River in South 24 Parganas district of West Bengal.
L&T’s scope involves the Construction of a 2+2 lane 3.2 km Extradosed Cable-Stayed Bridge with a maximum span of 177m, along with 0.9 km approach road on the Kakdwip Side and 0.65 km approach road on the Sagar Island side. The bridge will be equipped with Advanced Traffic Management Systems, Bridge Health Monitoring System, Architectural Bridge Lighting and Hybrid Street Lighting, along with all essential road furniture.
This bridge to Sagar Island holds immense significance, as it will provide direct, all-weather connectivity to the Island, which currently depends on ferry services that are often disrupted during adverse weather conditions. It will benefit over two lakh residents of Sagar Island by improving mobility, healthcare accessibility and economic prospects.
Additionally, it will boost pilgrimage by ensuring safe and convenient travel for millions of devotees, from across India, to the annual Ganga Sagar Mela, the second-largest religious congregation after the Kumbh Mela. Beyond its social benefits, the bridge is poised to drive substantial economic growth by fostering trade, tourism and local business, thereby transforming the socio-economic landscape of the Island.
About the Company
Larsen & Toubro (L&T) is a massive Indian conglomerate with its fingers in many pies. Their core business is engineering, procurement and construction (EPC) solutions across various sectors like infrastructure, power, hydrocarbon (oil & gas) and Defence. They also manufacture custom-designed machinery for these industries and even have a Real Estate arm. L&T is a major player in IT services through subsidiaries like L&T Infotech and Mindtree and provides financial services like rural and housing finance through L&T Finance Holdings. They even handle development projects involving infrastructure, toll management and power generation.
The company has a market cap of over Rs 5 lakh crore and has been maintaining a healthy dividend payout of 33 per cent. Life Insurance Corporation of India (LIC) owns a 13.60 per cent stake in the company as of June 2025. The company has a robust Order Book valued at Rs 6,12,800 crore as of June 30, 2025. The stock is up by 35 per cent from its 52-week low and has given multibagger returns of over 200 per cent in the last 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.