Larsen & Toubro disclosed a Noida Metro rail contract in its ₹1,000 crore to ₹2,500 crore order category on Nov. 9, while its shares rose 1.82% on India’s National Stock Exchange.
L&T’s investor page listed an NSE price of ₹4,185.00 on Nov. 9, compared with a previous close of ₹4,110.00. It showed a session low of ₹4,097.40 and a high of ₹4,194.10.
L&T said its Heavy Civil Infrastructure business received the order from Noida Metro Rail Corporation Ltd. The work covers 10 elevated metro stations and their architectural finishes, as well as partial design and construction of a 15.1-kilometer elevated viaduct.
The viaduct work spans two stretches: Botanical Garden to Noida Sector-142 and Depot Station to Boraki. The project is part of an extension of the Aqua Line.
L&T classifies the order as significant, its designation for contracts valued at ₹1,000 crore to ₹2,500 crore. It did not disclose a precise contract price. The company expects the extension to improve regional connections and commuter access.
L&T said the project is to be completed within 36 months but did not specify when that period starts.
