Mumbai, September 24 (Udaipur Kiran News): Shares of Larsen & Toubro (L&T) traded higher on Wednesday after the company announced a strategic partnership with Bharat Electronics (BEL) to support the Advanced Medium Combat Aircraft (AMCA) programme of the Indian Air Force. The stock was quoting at Rs 3,669.30, up 0.30% from its previous close of Rs 3,658.30 on the BSE.
The counter opened at Rs 3,661.85 and touched an intraday high of Rs 3,687.35 and a low of Rs 3,636.85. A total of 21,748 shares were traded during the session. The company’s market capitalisation stands at Rs 5,04,980.36 crore.
Over the past year, the scrip has touched a 52-week high of Rs 3,963.00 (December 10, 2024) and a 52-week low of Rs 2,967.65 (April 7, 2025). On a weekly basis, it has traded between Rs 3,704.90 and Rs 3,615.00.
As per the shareholding pattern, institutional investors hold 63.05% in the company, while non-institutional investors account for 36.95%.
The collaboration will combine L&T’s capabilities in strategic defence and aerospace platforms with BEL’s expertise in defence electronics and systems. Together, they aim to deliver advanced solutions for India’s fifth-generation fighter aircraft programme.
The consortium will also participate in the Expression of Interest (EoI) issued by the Government of India’s Aeronautical Development Agency, with a formal response expected in the coming weeks.
Larsen & Toubro is a leading Indian multinational engaged in technology, engineering, construction, manufacturing, and financial services.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
