Larsen & Toubro up 3% on securing large orders; jumps 49% so far in 2023
Shares of Larsen & Toubro rose 3 per cent on Tuesday to hit a fresh high of Rs 3,114 on the BSE after the buildings & factory business of the company secured various orders in the large category under its various business units.
L&T did not disclose the amount of the orders, which fall under “large” category and range between Rs 2,500 crore and Rs 5,000 crore.
Meanwhile, thus far in the calendar year, the stock price of L&T has appreciated by 49 per cent as compared to a 7.4 per cent rise in the S&P BSE Sensex.
