04 Mar 2026 | 3 Mins Read
L&T shares plummet 7% amid Israel-Iran war tensions
Flipitmoney
Larsen & Toubro (L&T) shares fell over 7% due to war escalation in the Middle East, which accounts for 33% of its order inflows. The company expressed concern for execution disruptions in Middle East projects and a potential competition increase in the UAE's slowing real estate market. L&T's shares have fallen over 12% in four consecutive sessions.