New Delhi: Larsen & Toubro shares will be in focus on Monday as it aims to raise Rs 500 crore from ESG bonds. An ESG bond is a capital instrument used to raise capital that funds environmental, social, or governance goals of a company. The company has become the first Indian corporation to raise such a large green funding in accordance with the newly introduced ESG and sustainability-linked bond framework guidelines by SEBI, said a company statement.
HSBC, a global investment banking firm, will be acting as the primary financial institution responsible for arranging and facilitating this transaction for L&T, the company said in a statement.
The conglomerate said its ESG goals are committed to meet an environmental targets, including a decrease in intake of freshwater and better management of greywater, while simultaneously managing greenhouse gas emissions The proposed initiative is in line with the company’s long-term sustainability goals of achieving water neutrality by 2035 and carbon neutrality by 2040.
L&T share price
The shares of a company closed at Rs 3560.30 as of June 6, 2025. The company has given a 10 per cent return to its investors in the past month. Quarterly, the returns are about 12 per cent. The yearlong investment returns have been around 124 per cent. The P/E ratio of a company is at 33.42.
The January-March quarter (Q4) result of a company has witnessed a significant surge of 25 percent in FY25. The company minted a profit of around Rs 5497 crore compared to Rs 4396 crore in Q4 FY24. On a yearly front, the company posted a significant profit of around Rs 15000 crore in FY25.
Larsen and Toubro
Larsen & Toubro, an Indian multinational conglomerate, is involved in industrial technology, heavy industry, engineering, construction, manufacturing, power, information technology, defence, and financial services. It is headquartered in Mumbai, Maharashtra. The company is the one among multinational conglomerates of Brand India having significant orders and operations outside India.
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Larsen & Toubro (L&T) plans to raise ₹500 crore through ESG bonds, making it the first Indian company to secure such significant green funding under SEBI’s new framework. This aligns with L&T’s ambitious sustainability goals, including water and carbon neutrality targets. The company’s Q4 FY25 results show a strong 25% surge in profit. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
