Larsen & Toubro (L&T) shares experienced a 4% decline, trading at ₹3,900 on the Bombay Stock Exchange (BSE) during Wednesday's intra-day session, making it the top loser among Sensex stocks. This drop occurred despite a broader market rise, with the BSE Sensex up by 0.56%. Analysts attribute the decline to concerns over near-term execution challenges, including a ₹5,000 crore revenue slippage due to supply chain disruptions in the Middle East and delays in water projects. In its latest quarterly results, L&T reported a 3% year-on-year decline in consolidated net profit, totaling ₹5,325.60 crore for Q4 of the fiscal year 2025-26, although revenue from operations grew by 11% to ₹82,762.16 crore. The company secured consolidated order inflows of ₹89,772 crore, with a robust order book of ₹7.4 trillion, indicating a 28% year-on-year growth. Despite the challenges, L&T's management remains optimistic, forecasting 10-12% growth in both order inflow and revenue for FY27. The company is also focusing on strategic investments and a strong pipeline of opportunities, with a projected pipeline of ₹17.8 trillion for FY27.