L&T stock price rallies 7% on Iran-US ceasefire; Middle East exposure back in focus Shares of Larsen & Toubro surged more than 7% on March 8, 2026, following the announcement of a US-Iran ceasefire in the ongoing West Asia conflict. The engineering major’s stock climbed to Rs 3,991.30, up Rs 268.00 or 7.20% on the National Stock Exchange (NSE), marking a sharp reversal from earlier in the month. This rally came after months of investor concerns over project disruptions and geopolitical risks in the Middle East, which had previously pressured L&T’s stock. At the height of tensions, the company’s market capitalisation had slipped below the Rs 5 lakh crore mark on March 13, making it the top loser on the Nifty index that day. The newly announced two-week ceasefire, declared in the early hours of March 8, is expected to alleviate fears of project delays and geopolitical instability, which had weighed heavily on investor sentiment. Larsen & Toubro’s international business remains a cornerstone of its operations, with international orders accounting for over half of its total inflows. For the nine months ended December 31, 2025, the company secured international orders worth Rs 1,91,084 crore, representing 55% of total order inflows. In the December quarter alone, international orders reached Rs 66,848 crore, contributing 49% of inflows, while international revenues totaled Rs 38,775 crore, making up 54% of total revenue. The Gulf Cooperation Council (GCC) region, particularly Saudi Arabia and the UAE, is highlighted as a key growth driver, with strong investment momentum in AI infrastructure, data centres, and large-scale urban development projects. These projects have positioned L&T as a major player in the region’s infrastructure expansion, despite the volatility of the geopolitical landscape.#donald_trump #abbas_araghchi #gulf_cooperation_council #larsen_toubro #us_iran_ceasefire
L&T shares zoom 8% as Donald Trump announces two-week ceasefire with Iran. Why does it matter for construction major? Larsen & Toubro (L&T) shares surged 8.11% to Rs 4,025 on the BSE on Wednesday after U.S. President Donald Trump announced a two-week ceasefire with Iran, linked to the safe reopening of the Strait of Hormuz. The critical oil route, which handles about one-fifth of global oil flows, is expected to resume operations without disruption. This development has sparked optimism for L&T, a major player in the Middle East, where the company has significant business operations and a large workforce. The ceasefire announcement has had an immediate positive impact on L&T’s stock, reversing recent declines. Over the past month, the company’s shares had corrected nearly 15% due to escalating geopolitical tensions in West Asia. Since the start of the year, the stock has fallen 10%, reflecting investor concerns about regional instability. The U.S.-brokered ceasefire, however, signals a potential easing of hostilities, which could stabilize L&T’s operations in the region. L&T’s exposure to the Middle East is substantial. As of December 2025, the region accounted for nearly 40% of the company’s total order book, according to Motilal Oswal Financial Services. Within its international portfolio, West Asia contributes approximately 75% of the order book. The company operates over 100 sites across key markets such as Saudi Arabia, the UAE, Qatar, Kuwait, and Oman. These operations employ 8,000 full-time staff, along with 2,000 family members and 20,000 contractual workers. The strategic importance of the Middle East to L&T is underscored by its extensive infrastructure projects, including power plants, industrial facilities, and transportation networks.#donald_trump #strait_of_hormuz #saudi_arabia #motilal_oswal_financial_services #larsen_toubro
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
Larsen & Toubro share price in focus: Infra major sees limited impact from West Asian tensions; 95% projects on track Larsen & Toubro, the engineering and infrastructure company, reported that ongoing tensions in the West Asia region have not significantly affected its business operations, with nearly 95% of its projects continuing as usual. The company, which generates over 35% of its revenue from the Middle East following recent conflicts involving the US, Israel, and Iran, highlighted logistics and supply chain disruptions as key challenges. However, it emphasized that the 5% of projects experiencing delays do not contribute meaningfully to its overall revenue. Subramanian Sarma, the company’s deputy managing director, stated that none of its sites in the Middle East have faced direct attacks, and all staff and workers remain safe. He explained that work has been suspended at five of the 100 projects in the region either due to company decisions or customer requests, citing risks such as proximity to military bases. Sarma noted that the majority of operations are unaffected, with only 5% of projects facing disruptions. The company employs 8,000 workers and 2,000 family members, along with 20,000 contractual workers, in the Middle East. Sarma mentioned that none of the staff have expressed interest in returning to the region, and the company has halted sending new workers since the conflict began. Despite these challenges, Sarma described the Middle East as a “second home” for L&T, where the company has expanded over the past three decades. Supply chain issues have also emerged, with disruptions in the Strait of Hormuz affecting cargo evacuation. Sarma noted that alternatives such as using ports in Oman are being explored to mitigate these problems.#iran #middle_east #strait_of_hormuz #larsen_toubro #subramanian_sarma
L&T Deputy MD Sarma: 95% Project Sites in West Asia Safe, Business Continues Larsen & Toubro (L&T) Group reported that 95% of its project sites in West Asia remain operational, with all staff, their families, and workers under contract safe and unaffected by recent aerial attacks and infrastructure damage in the region. The company’s Deputy Managing Director, Subramanian Sarma, emphasized that operations are proceeding as usual despite the ongoing conflict. Sarma noted that while the situation in West Asia has been volatile over the past three weeks, L&T’s 100 active sites across Saudi Arabia, the UAE, Qatar, Kuwait, and Oman are largely unaffected. He highlighted that only 5% of projects have experienced minor damage, primarily to transmission lines near military bases and some water infrastructure. However, he assured that no significant harm has occurred to the company’s assets or personnel. The company’s Risk Committee and Situation Management Committee have been monitoring the crisis closely, with senior leaders, including six or seven vice-presidents, stationed permanently in the region. Sarma credited L&T’s long-standing presence in West Asia over 30 years for its preparedness, enabling the company to adapt to the current challenges. Logistics and supply chain disruptions have emerged as the primary concern. Sarma explained that while the company has sufficient stock to sustain operations for the next three to four months, recent disruptions in imports from China, Europe, and local supply chains have caused delays. He noted that alternative transport routes, such as cross-country pipelines and evacuation points in Oman, the Red Sea, or the Mediterranean, are being explored to mitigate these issues.#saudi_arabia #uae #west_asia #larsen_toubro #subramanian_sarma
Opportunity Amid Market Crash: GAIL To L&T — Stocks That May Rally Up To 46% The ongoing conflict in Iran and disruptions in global energy markets have triggered a sharp decline in several Indian stocks tied to gas, petrochemicals, and infrastructure sectors. Despite the steep losses, analysts suggest some of these stocks could rebound significantly, offering potential opportunities amid the market turmoil. Petronet LNG has been the most affected, dropping over 26% this month after declaring force majeure due to supply disruptions affecting major clients like GAIL, IOCL, and BPCL. The stock currently trades at a PE ratio of 9.06, and analysts predict an upside of nearly 35% as LNG demand remains structurally strong and the current supply issues are expected to be temporary. GAIL has also fallen over 20% due to gas supply disruptions, which have reduced transmission volumes in the short term. However, the stock is now priced at a PE of 7.17, one of the lowest in the sector. Analysts anticipate a 40% rally, citing its extensive pipeline network and long-term demand outlook for gas. Larsen & Toubro has declined nearly 22% in the recent correction, but the company has stated it is not facing significant operational impacts from the crisis. This suggests the decline is largely driven by market sentiment rather than fundamental issues. Analysts highlight a potential 36.5% upside, supported by the company’s strong order book and execution pipeline. PG Electroplast has dropped over 21% due to shortages of gas and LPG, which have disrupted production. Despite this, analysts see the highest upside potential among the stocks, with a projected 46.4% rally. However, the stock’s PE ratio of 46.82 is considered expensive, and its recovery will depend on how quickly supply disruptions ease.#iran_conflict #gail #petronet_lng #larsen_toubro #pg_electroplast
9 Stocks To Buy For Long Term: Brokerages bullish with up to 52% upside; M&M, L&T, IndiGo on list Brokerages have identified Larsen & Toubro (L&T), HDB Financial, Max Healthcare, Mahindra & Mahindra (M&M), LG Electronics, Bharat Electronics (BEL), JSW Infrastructure, Finolex Cables and IndiGo as top long-term stock picks across infrastructure, financial services, healthcare, automobiles, consumer durables, defence, logistics, and aviation. All nine stocks have been assigned Buy ratings by the brokerages, citing strong earnings visibility, demand recovery, and improving business momentum. Based on current market prices and target prices provided by the brokerages, the potential upside for these stocks ranges up to 52%, making them attractive options for long-term investors seeking steady growth. Goldman Sachs has maintained a Buy rating on Larsen & Toubro, with the stock trading at Rs 3,438.10 and a target price of Rs 4,420, implying an upside of approximately 28.6%. The brokerage noted that while near-term uncertainties may impact revenues, the medium-term growth outlook remains intact. Jefferies has assigned a Buy rating to HDB Financial, with the stock trading at Rs 634.90 and a target price of Rs 900, indicating an upside of about 41.8%. The brokerage expects gradual growth improvement, supported by better collections and easing credit costs. Jefferies remains positive on Max Healthcare, with the stock trading at Rs 964.80 and a target price of Rs 1,320, translating into an upside of around 36.8%. Expansion plans and strong demand outlook continue to support the investment case. Nomura has maintained a Buy rating on Mahindra & Mahindra, with the stock trading at Rs 3,066.10 and a target price of Rs 4,662, implying an upside of about 52.1%.#indigo #mahindra_mahindra #jefferies #larsen_toubro #max_healthcare
