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News for India > Business > L&T share price jumps 6% after strong Q2 results 2026 | Should you buy, sell or hold? Check target, stop loss | Stock Market News
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L&T share price jumps 6% after strong Q2 results 2026 | Should you buy, sell or hold? Check target, stop loss | Stock Market News

Last updated: October 28, 2026 11:25 am
2 hours ago
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Larsen & Toubro (L&T) share price jumped over 6% in Wednesday’s trading session after the company reported strong set of numbers during the September quarter FY27.

L&T shares opened at ₹3,820 per share on NSE today, as compared to previous close of ₹3,665.10 on Tuesday and touched an intraday low of ₹3,770 on 28 October. The stock emerged as one of the top gainers in Sensex and Nifty 50 today.

L&T Q2 results 2026 highlights

Engineering conglomerate Larsen & Toubro (L&T) on October 27 reported a 33% year-on-year (YoY) rise in net profit to ₹5,202 crore for the quarter ended September 30, 2026.

The company’s revenue grew 16% to ₹78,750 crore in Q2 FY27, compared with ₹67,984 crore in the corresponding quarter last year. The growth was driven by faster execution across businesses within its Projects, Products & Manufacturing (PPM) portfolio.

L&T secured orders worth ₹1,47,665 crore during the quarter, marking a 28% YoY increase. The company won several high-value contracts, led by its Hydrocarbon – Offshore & Onshore, CarbonLite Solutions and Public Spaces businesses, among others.

“The company has delivered a strong quarter in an everchanging geopolitical landscape. This performance reflects continued customer confidence and our ability to secure large and complex orders across sectors and geographies. We achieved yet another record quarterly order inflow. Focused execution across our Projects, Products & Manufacturing businesses supported a higher revenue growth. The highest ever order book at ₹8.5 lakh crore provides multi-year revenue visibility,” said S N Subrahmanyan, Chairman and Managing Director.

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.



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TAGGED:Indian stock marketL&T Q2 results 2026l&t share priceL&T share price newsL&T share price outlookL&T share price targetL&T share price todayStock market today
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