Shares of Larsen & Toubro Ltd . gained around 1% to hit a 52-week high of ₹4,016.70 on Wednesday, October 29, ahead of the engineering and infrastructure conglomerate's September quarter earnings announcement.

The company also announced that it has secured grid infrastructure orders for the construction of a 380 kV substation and transmission lines in Saudi Arabia.

The order has been classified as "large," implying a value between ₹2,500 crore and ₹5,000 crore.

The first project involves setting up a 380/33 kV Gas Insulated Substation, which includes hybrid GIS elements, 380 kV transformers and reactors, as well as systems for power protection, control, automation, telecommunication, HVAC, and firefighting.

The second set of contracts covers the construction of 380 kV overhead transm

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