Bluechip stock jumps after securing up to ₹2,500 Cr order for Infra development project in UAE

SYNOPSIS: The company’s transportation arm secured a Rs. 1,000-2,500 crore Dubai road upgrade project, involving corridor widening, major interchanges, and capacity enhancement between E611 and E311, with completion targeted in 36 months.

During Tuesday’s trading session, shares of a $30 billion Indian multinational engaged in EPC projects, hi-tech manufacturing, and services are in focus on the stock exchanges, after securing an order worth up to Rs. 2,500 crores for the transportation infrastructure business.

With a market cap of Rs. 5.72 lakh crores, shares of c Limited were trading in the green at Rs. 4,165.3 on BSE, up by over 1 percent, as against its previous closing price of Rs. 4,113.45. The stock has delivered positive returns of over 25 percent in one year, and has gained by nearly 4 percent in the last one month.

What’s the News

As per its latest regulatory filing, the Transportation Infrastructure vertical of Larsen & Toubro Limited has bagged a significant order valued between Rs. 1,000-2,500 crores for the improvement of Latifa Bint Hamdan Street in Dubai, UAE. The order pertains to the Phase-1 of the road development initiative undertaken by the UAE authorities.

The order relates to the upgrading of the existing road corridor between Emirates Road (E611) and Sheikh Mohammed Bin Zayed Road (E311). As part of the project, the current two‑lane dual carriageway will be expanded into a four‑lane dual carriageway in each direction to enhance network capacity and ease traffic congestion. A key highlight of the project is the construction of a major structural interchange at E311, designed to ensure seamless traffic movement across all directions.

In addition, the corridor will be extended with a newly built four‑lane dual carriageway along Latifa Bint Hamdan Street. The project also includes a dedicated interchange to support U‑turn movements and improve access to adjoining developments on both sides of the corridor. The project is scheduled to be completed within 36 months.

Financials & More

In Q3 FY26, L&T reported a consolidated revenue from operations of Rs. 71,450 crores, a growth of around 5 percent QoQ and 10 percent YoY. In contrast, the net profit for the quarter stood at Rs. 3,825 crores, representing a decline of more than 18 percent QoQ and 4 percent YoY.

During the same period, the company’s debt-to-equity ratio stood at 1.06, with a current ratio of 1.26. Net profit margin was at 5.35 percent, while the operating margin was reported at 10.38 percent.

In Q3 FY26, L&T reported total order inflows of Rs. 1,35,600 crore, comprising Rs. 68,800 crore in domestic orders and Rs. 66,800 crore from international markets. The company’s order book also expanded significantly, rising by 30 percent YoY to Rs. 7,33,200 crore by December 2025. This includes Rs. 3,76,300 crore in domestic orders and Rs. 3,56,900 crore in international orders.

Larsen & Toubro Limited is a $30 billion Indian multinational engaged in EPC projects, hi-tech manufacturing and a range of service sectors. It stands out as a major technology, engineering, construction, manufacturing and financial services conglomerate with global operations.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Bluechip stock jumps after securing up to ₹2,500 Cr order for Infra development project in UAE appeared first on Trade Brains.