Three stocks with strong order books to watch amid India's data-centre boom
Larsen & Toubro secured new business in an infrastructure development.
· LiveMint Markets
L&T, Power Mech Projects and Sterlite Technologies are positioned across construction, power and optical connectivity as India's AI and data-centre infrastructure spending gathers pace.
The analysis
Against that, the stock is +0.9% on the day at ₹3,871.70, and has returned -1.7% over three months. It sits 12% below its 52-week high. The infrastructure sector has moved -15.8% over the same period, so Larsen & Toubro is running 14.1 points ahead of its peers.
For Larsen & Toubro, the question is how much of this is already reflected in the price and how much re-rates the infrastructure peer set alongside it.
Why it matters
- Infra spending is both an economic-cycle signal and a direct order pipeline for capital-goods names.
Market context
- In focus: Larsen & Toubro (L&T) (LT), in Infrastructure.
- On the day, 1 of 2 are higher: Larsen & Toubro (L&T) leads at +0.9% and Sterlite Technologies trails at -5.0%.
- Over three months: Larsen & Toubro (L&T) -1.7% against Infrastructure -15.8% (14.1 points ahead); Sterlite Technologies +55.4% against Telecom & Media +0.9% (54.5 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Larsen & Toubro (L&T)LT · Infrastructure | ₹3,871.70 | +0.9% | +3.0% | -1.7% | -12.4% | 0.9× | — |
| Sterlite TechnologiesSTLTECH · Telecom & Media | ₹824.50 | -5.0% | -9.4% | +55.4% | -18.9% | 0.5× | — |
Infrastructure
1M -10.5% · 3M -15.8%
Larsen & Toubro (L&T)
Telecom & Media
1M -0.2% · 3M +0.9%
Sterlite Technologies
Power
1M -6.9% · 3M -13.2%
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
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