Published on 10/11/2017 1:11:31 PM | Source: Dion Global Solutions Ltd.

L&T hist fresh high on winning new orders

Posted in Stock On The Move | #Capital Goods Sector #Stock On The Move # Larsen & Toubro Ltd


Shares of Larsen & Toubro rallied over 4 per cent, hitting 52-week high, on the Bombay Stock Exchange after the company said its construction arm has bagged orders worth Rs 4,023 crore across various business segments. Following the announcement, shares of the company gained as much as 4.5 per cent to touch intra-day high of Rs 1274.00 apiece on the Bombay Stock Exchange

. In a similar fashion, shares of the firm were trading 4.49 per cent higher at Rs 1,270.45 apiece on the National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 33,226.26, down 24.67 points, or 0.07 per cent, at 12:10 hours.