{"id":394057,"date":"2021-01-08T08:40:53","date_gmt":"2021-01-08T03:10:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=394057"},"modified":"2021-01-08T09:20:40","modified_gmt":"2021-01-08T03:50:40","slug":"lt-nears-52-week-high-stock-surges-51-in-3-months-on-strong-order-flow","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lt-nears-52-week-high-stock-surges-51-in-3-months-on-strong-order-flow\/","title":{"rendered":"L&amp;T nears 52-week high; stock surges 51% in 3 months on strong order flow"},"content":{"rendered":"<p>Shares of Larsen &amp; Toubro were up 2.5 per cent at Rs 1,347 on the BSE in the intra-day trade on Thursday, having rallied over 50 per cent in the past three months, on the back of strong order flows. <\/p>\n<p>The stock of construction &amp; engineering major was trading close to its 52-week high of Rs 1,384, touched on February 1, 2020. In the past three months, L&amp;T has outperformed the market by surging 51 per cent, as against a 21-per cent rise in the S&amp;P BSE Sensex. <\/p>\n<p>L&amp;T on Thursday announced that its arm L&amp;T Hydrocarbon Engineering, a wholly-owned subsidiary of the company, has secured a large contract from Oil &amp; Natural Gas Corporation (ONGC) for their new living quarter (LQ) and revamp at &#8216;NQ Complex&#8217; (NLRNC-RT2) project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Larsen &amp; Toubro were up 2.5 per cent at Rs 1,347 on the BSE in the intra-day trade on Thursday, having rallied over 50 per cent in the past three months, on the back of strong order flows. The stock of construction &amp; engineering major was trading close to its 52-week high of Rs 1,384, touched on February 1, 2020. In the past three months, L&amp;T has outperformed the market by surging 51 per cent, as against a 21-per cent rise in the S&amp;P BSE Sensex. L&amp;T on Thursday announced that its arm L&amp;T Hydrocarbon Engineering, a wholly-owned [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-394057","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/394057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=394057"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/394057\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=394057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=394057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=394057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}