13-Aug-2026      11:59

Larsen & Toubro secures mega order valued between Rs 10,000 crore and Rs 15,000 crore with Together AI

Larsen & Toubro Ltd. remains at Rs 3993.85, after recent declines saw the stock slip 1.39% over the last week. Larsen & Toubro has secured a "mega" order, classified as being valued between Rs 10,000 Cr and Rs 15,000 Cr, as part of a strategic partnership with Together AI to build India’s largest NVIDIA B300 AI Factory. Through its AI infrastructure subsidiary, LTN Compute, an entity of L&T's Vyoma. AI, the company will deploy NVIDIA B300 infrastructure at its Chennai data centre campus to power Together AI’s AI-native cloud platform, utilizing a capacity of 10,000 B300 NVIDIA GPUs, and marking a significant milestone in L&T's Gigawatt AI Infrastructure Mission. The project will strengthen India's AI infrastructure ecosystem and supports global innovation, with Vyoma’s Chennai data centre campus initially designed for 250 MW and power infrastructure readiness of 150 MVA. Trading volume reached 1.24 lakh shares today, a 46.75% increase compared to the average volume over the last one week. Larsen & Toubro Ltd. rose 8.15% year-over-year, outperforming the NIFTY50 index which declined by 0.21%.

News source: Capital Market - Live News