India, Aug. 17 -- Larsen & Toubro is in focus after announcing a very large new order. Its offshore business, L&T Energy Hydrocarbon Offshore (LTEH Offshore), has won a project classified as an "ultra-mega" order, the company's highest order category. The order is from a major client in the Middle East. This adds to L&T's growing list of projects in the region's oil, gas and energy sectors.

Shares of Larsen & Toubro Ltd closed at Rs. 4,086.70, up 0.73 percent from previous close of Rs. 4,057.00. The stock opened at Rs. 4,041.00 and reached an intraday high of Rs. 4,086.70 and low of Rs. 4,026.00. The company currently has a market capitalization of Rs. 5,60,803 crores.

What's the news? According to L&T's classification, this "ultra-meg...