L&T shares jump 8%, KEC surges over 6% post Trump’s 2-week Iran ceasefire deal; here is why Larsen & Toubro (L&T) and KEC International saw significant stock price gains on April 8, 2026, following U.S. President Donald Trump’s announcement of a two-week ceasefire agreement with Iran. L&T’s shares surged 8% to ₹4,023.40 on the National Stock Exchange (NSE), while KEC’s shares rose over 6%. The market reaction was driven by optimism that the ceasefire would alleviate supply chain disruptions and logistical challenges in the Middle East, a region critical to the operations of these engineering and construction firms. The Middle East accounts for a substantial portion of L&T’s order book and revenue. According to recent reports, L&T derived 50% of its Q3 FY26 order book and over 40% of its revenue from the region. The conflict between the U.S. and Iran had previously caused delays, supply chain bottlenecks, and project halts, but the ceasefire offered renewed hope for resuming operations. Analysts noted that the agreement would improve revenue visibility and accelerate project timelines, particularly in sectors like energy, infrastructure, and transmission. The ceasefire announcement came after Trump reversed his earlier threat to bomb Iran, which had sparked global market volatility. On Tuesday evening, Trump posted on his platform, Truth Social, stating he had “reversed course” and agreed to suspend the planned attack. Within hours, Iran’s Foreign Minister Abbas Araghchi confirmed a tentative agreement, stating that safe passage through the Strait of Hormuz would be possible for two weeks under coordinated arrangements with Iran’s armed forces. For companies like L&T, the ceasefire could mitigate risks associated with geopolitical instability.#donald_trump #strait_of_hormuz #national_stock_exchange #kec_international #larsen_toubro
Stocks to Watch Today: Wipro, Omnitech, KEC International, Motherson, Vascon Engineers, Borosil, Relaxo Footwears, Hatsun Agro, Redington in focus on 12 March On March 12, investors are advised to monitor several key stocks, including Wipro, Omnitech Engineering, KEC International, Samvardhana Motherson International, Vascon Engineers, Borosil, Relaxo Footwears, Hatsun Agro Product, Bharat Forge, Everest Industries, and Redington. These companies are expected to see heightened trading activity due to recent developments and market dynamics. Omnitech Engineering has secured a multi-year contract for business and technology modernization for TruStage’s retirement services division. TruStage, based in Madison, Wisconsin, is an insurance and financial services provider. Additionally, the company received a five-year contract worth Rs 920 crore from Weatherford Products GmbH through a Master Purchase Agreement. KEC International has been awarded new orders totaling Rs 1,476 crore for transmission and distribution projects across India, the Middle East, Africa, and the Americas. This brings its year-to-date order intake to Rs 22,800 crore. Samvardhana Motherson International has finalized the purchase of a 100% stake in Yutaka Autoparts India, part of a broader acquisition strategy involving Yutaka Giken Co Ltd and Shinnichi Kogyo. The tender offer for Yutaka Giken shares closed on March 10, with 14,08,867 shares tendered at JPY 3,024 per share, with settlement expected by March 17. Vascon Engineers has received a Rs 115.9 crore work order from Ahmedabad Municipal Corporation for the development of Lotus Park, to be completed within 24 months. The company also announced the ground-breaking of a greenfield battery pack manufacturing facility in Chennai, with an investment of Rs 400–500 crore.#wipro #omnitech_engineering #kec_international #motherson_international #vascon_engineers
