Larsen & Toubro Share Price Rise 2.34% To ₹3,973.40 After Previous Session’s Fall

Larsen & Toubro Ltd (NSE: LT) share price moved higher in early trade on March 5, 2026, rebounding after the previous session’s sharp decline. As of 10:49 am IST, the stock was trading at ₹3,973.40, up ₹90.80 or 2.34% from the previous close of ₹3,882.60.

The recovery comes a day after the stock witnessed heavy selling pressure amid global risk-off sentiment linked to escalating geopolitical tensions in the Middle East.

Why The Share Price Moved

The rebound in Larsen & Toubro shares appears to reflect a technical recovery after the steep correction seen in the previous trading session. Markets often witness such pullbacks when stocks decline sharply in a short span and investors step in to accumulate at lower levels.

While geopolitical developments in the Middle East continue to remain a key macro factor influencing market sentiment, investors also appear to be reassessing the company’s strong order pipeline and infrastructure execution capabilities.

Earlier, in a regulatory filing dated February 25, 2026, Larsen & Toubro announced that its Power Transmission & Distribution (PT&D) vertical secured “Major” EPC orders in India and overseas. Under the company’s internal classification, “Major” orders typically fall in the ₹5,000 crore to ₹10,000 crore range.

Stock Performance Snapshot

As of 10:49 am IST, L&T shares were trading near ₹3,973.40. The stock opened at ₹3,924.20 and touched a high of ₹3,979.80 so far, while the day’s low stood at ₹3,908.90 so far.

At current levels, Larsen & Toubro’s market capitalisation stood at around ₹5.47 lakh crore. The company is trading at a price-to-earnings ratio of 33.64.

For broader context, the stock’s 52-week high is ₹4,440.00, while the 52-week low stands at ₹2,965.30.

What This Means For Investors

The rebound suggests that investors are reassessing valuations after the recent correction. Stocks of large infrastructure and EPC companies like L&T often react strongly to macro headlines but can stabilise quickly when underlying business fundamentals remain intact.

L&T continues to maintain a diversified order book spanning infrastructure, energy, transportation, defence engineering and industrial projects. Sustained order inflows remain one of the key drivers supporting the company’s long-term outlook.

Broader Market And Sectoral Context

Infrastructure and capital goods stocks have seen heightened volatility in recent sessions as global geopolitical developments weighed on investor sentiment. Escalating tensions in the Middle East have also led to concerns around potential impacts on energy markets and global supply chains.

However, India’s domestic infrastructure spending cycle and ongoing power transmission and transportation projects continue to support the sector’s structural growth outlook.

About The Company

Larsen & Toubro is a USD 30 billion Indian multinational engaged in engineering, procurement and construction (EPC) projects, hi-tech manufacturing and services. The company operates across sectors including infrastructure, energy, defence engineering, heavy engineering and technology services.

Its Power Transmission & Distribution division undertakes turnkey EPC projects involving substations, transmission lines and grid infrastructure in India and international markets.

Conclusion

Larsen & Toubro shares recovered in early trade on March 5 following a sharp decline in the previous session. The rebound reflects improved sentiment after the sell-off, although geopolitical developments remain a key factor influencing near-term market movements.

Investors will likely continue tracking global macro developments alongside the company’s order inflow and execution performance in the coming sessions.

Source: https://www.nseindia.com/get-quote/equity/LT/Larsen-&-Toubro-Limited