• OPEN AN ACCOUNT
A+| A| A-|
Indian Indices
Sensex
78,111.24 1,263.67
( 1.64%)
Global Indices
Nasdaq
48,558.84 319.59
(0.66%)
Dow Jones
6,987.77 80.53
(1.17%)
Hang Seng
58,133.63 256.24
(0.44%)
Nikkei 225
10,572.50 -36.56
(-0.34%)
Forex
USD-INR
93.84 0.69
(0.74%)
EUR-INR
109.88 0.75
(0.69%)
GBP-INR
126.18 0.90
(0.72%)
JPY-INR
0.59 0.00
(0.59%)

EQUITY - MARKET SCREENER

Lakshmi Engineering & Warehousing Ltd
Industry :  Miscellaneous
BSE Code
ISIN Demat
Book Value()
505302
INE718M01022
327.6396262
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
N.A
101.41
139.77
EPS(TTM)
Face Value()
Div & Yield %
20.61
100
0.48
 

L&T tumbles as Iran conflict raises worries over Middle East exposure
Mar 04,2026
The decline comes amid the intensifying Iran conflict following coordinated U.S.–Israeli airstrikes on Iranian military and nuclear targets. The strikes reportedly killed Supreme Leader Ali Khamenei and triggered retaliatory missile and drone attacks by Iran. Iran launched strikes on Israel and several U.S. bases located across Gulf countries. The conflict has disrupted shipping routes and energy flows across the Middle East. The turmoil has also pushed crude oil prices higher and increased regional business uncertainty.

The region is a key market for the company, accounting for 37% of its Rs 7.33 lakh crore order book and 33% of order inflows in 9MFY26.

Analysts warned that L&T could face execution disruptions in its Middle East projects, while a potential slowdown in the UAE real estate market may intensify competition.

L&T is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services, operating across multiple geographies.

On a consolidated basis, L&T's net profit declined 4.27% year-on-year to Rs 3,215.11 crore in Q3 FY26, even as revenue from operations rose 10.48% to Rs 71,449.70 crore in Q3 FY26.