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Shares of Larsen & Toubro dropped significantly during the latest trading session as the broader Indian stock market witnessed heavy selling pressure. The stock declined about 7.5% and closed near ₹3,440, underperforming several peers in the infrastructure sector. The fall came amid a sharp market downturn where the Sensex also dropped nearly 2%, reflecting weak investor sentiment. Higher global uncertainty and rising crude oil prices have led investors to reduce exposure to equities. Despite the decline, analysts note that Larsen & Toubro still maintains strong fundamentals due to its large infrastructure order book and diversified engineering projects. However, short-term volatility in the market has kept the stock under pressure for now.
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