L&T extends gains, up 3% in three days on securing orders worth Rs 9,500 cr

Shares of Larsen & Toubro (L&T) were up 1 per cent at Rs 2,240 on the BSE in Thursday’s intra-day trade in an otherwise subdued market. The stock of civil construction company traded higher for the third straight day, gaining 3 per cent during the period, on winning orders worth of Rs 9,500 crore.

In comparison, the S&P BSE Sensex was up 0.07 per cent at 58,257 at 10:29 AM. L&T hit a record high of Rs 2,297.30 on January 20, 2023.

L&T on Wednesday said its construction arm has secured significant orders (ranging from Rs 1,000 – Rs 2,500 crore) for its water & effluent treatment and buildings & factory businesses.

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