Indian stock news
On September 18, 2026, Larsen & Toubro (L&T) announced that its hydrocarbon division, L&T Energy Hydrocarbon, has secured a "Mega" contract valued between ₹10,000 crore and ₹15,000 crore from a major energy player in the Middle East. The project scope involves the Engineering, Procurement, Construction, and Commissioning (EPCC) of a large--scale gas compression facility. This significant win strengthens L&T's international order book and reinforces its strategic presence in the GCC region's energy infrastructure sector. The company confirmed that project execution is scheduled to commence in October 2026, with a final delivery deadline set for December 2028.