LARGECAP CIVIL CONSTRUCTION COMPANY BAGS ORDER IN BULLET TRAIN PROJECT

has bagged a large order from the National High Speed Rail Corporation Ltd to build 156-km of high-speed ballastless track for the Mumbai-Ahmedabad High Speed Rail Corridor. The project involves the design, supply, construction, testing and commissioning of track works on a design-build basis. This new contract covers sections between Mumbai and Zaroli village in Gujarat, including 21-km of underground track and 135-km on an elevated viaduct. The order is set to be between Rs 2,500 crore to Rs 5,000 crore. is a massive Indian conglomerate with its core business in engineering, procurement and construction (EPC) solutions across various sectors like infrastructure, power, hydrocarbon (oil & gas) and defence. The company also manufacture custom-designed machinery for these industries and even have a real estate arm. It is also a major player in IT services through subsidiaries like LTTS and Mindtree and provides financial services like rural and housing finance through L&T Finance Holdings. The company has a market cap of Rs 4.95 lakh crore and has been maintaining a healthy dividend payout of 33%. The company has a robust order book valued at Rs 6,12,800 crore as of Jun25. The stock has given multibagger returns of over 300% in the last 5 years.