Shares of Larsen & Toubro (L&T) witnessed a sharp decline in early trade on April 4, 2025, leading to a significant erosion in market capitalisation. By 9:45 AM, the stock was trading at ₹3,301.35 on the NSE, down 3.47% or ₹118.80 from the previous close of ₹3,420.15.
At the end of the previous session, L&T’s total market capitalisation stood at approximately ₹4,69,500 crore. With the sharp drop in share price this morning, the company’s market cap fell to ₹4,53,249.59 crore — a loss of roughly ₹16,250 crore within the first 30 minutes of the session.
This decline comes amid broader market weakness, with the Nifty down 167 points (-0.72%) and the Sensex lower by 379 points (-0.50%) at the same time. The stock hit a low of ₹3,300.50 in the session and witnessed a traded volume of 3.68 lakh shares, valued at ₹122.85 crore.
L&T’s market cap erosion highlights investor caution, possibly driven by profit-booking or sectoral concerns, especially given the stock’s proximity to its 52-week low of ₹3,141 (hit on February 28, 2025). The company remains a key Nifty 50 constituent with an active trading status.
Disclaimer: This article is for informational purposes only. Please consult your financial advisor before making any investment decisions.
