L&T Shares Jump 1% on Large Hydrocarbon Order Win from Petronet LNG
Business
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Moneycontrol•16-01-2026, 10:28
L&T Shares Jump 1% on Large Hydrocarbon Order Win from Petronet LNG
- •Larsen & Toubro (L&T) shares rose 1.02% to Rs 3,905.4 on NSE after securing a 'large' hydrocarbon order.
- •The order, valued between Rs 2,500 crore and Rs 5,000 crore, was awarded by Petronet LNG for its Dahej petrochemical complex in Gujarat.
- •L&T's hydrocarbon onshore business will execute the lump-sum turnkey project, including LNG/ethane and propane storage tanks.
- •The project supports India's first petrochemical complex integrating cold energy utilization from an LNG terminal.
- •This order follows L&T's clarification on Kuwait project reports and another large order for a pumped storage project in Maharashtra.
Why It Matters: L&T's stock gained after winning a significant hydrocarbon order, boosting investor confidence.
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