Larsen & Toubro (L&T) shares remained firmly in focus in early trade today as the Union Budget 2026 delivered a major positive cue for infrastructure-focused companies. Finance Minister Nirmala Sitharaman announced that India plans a massive ₹12.2 trillion infrastructure outlay for FY27, reinforcing the government’s long-term commitment to capital expenditure–led growth.
The announcement of a ₹12.2 trillion infrastructure allocation for FY27 is being seen as a strong structural trigger for engineering, construction, and EPC majors. Larsen & Toubro, with its dominant presence across infrastructure, heavy engineering, defence, power, and urban development projects, stands to benefit directly from sustained public spending on roads, railways, metros, ports, energy, and water projects.
Larsen & Toubro share price movement today
L&T shares witnessed active trading during the morning session. As of 11:24 AM IST, the stock was moving within a wide intraday range, reflecting heightened investor interest following the budget announcement.
The stock opened at ₹3,953.00 compared to the previous close of ₹3,932.30. During the session, Larsen & Toubro shares touched an intraday low of ₹3,921.10 and a high of ₹4,042.80, indicating strong volatility and buying interest at lower levels.
On a longer-term basis, the stock has shown significant strength. L&T’s 52-week low stands at ₹2,965.30, while the 52-week high is ₹4,195.00
