{"id":518974,"date":"2022-09-03T09:41:29","date_gmt":"2022-09-03T04:11:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=518974"},"modified":"2022-09-03T11:01:18","modified_gmt":"2022-09-03T05:31:18","slug":"larsen-toubro-gains-2-hits-over-six-mth-high-on-strong-revenue-outlook","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/larsen-toubro-gains-2-hits-over-six-mth-high-on-strong-revenue-outlook\/","title":{"rendered":"Larsen &amp; Toubro gains 2%, hits over six-mth high on strong revenue outlook"},"content":{"rendered":"<p>Shares of Larsen &amp; Toubro hit an over six-month high of Rs 1,951 after rising 2 per cent on the BSE in Friday\u2019s intra-day trade as the company\u2019s strong order book of nearly Rs 4 trillion suggests good revenue visibility in coming years.<\/p>\n<p>The stock of the country\u2019s largest engineering &amp; construction (E&amp;C) company was trading at its highest level since February 2, 2022. It had hit a record high level of Rs 2,078 on January 18, 2022.<\/p>\n<p>In the past one month, L&amp;T has outperformed the market by gaining 9 per cent as compared to a 1.4 per cent rise in the S&amp;P BSE Sensex. Further, in the past three months, the stock has rallied 19 per cent vs a 5.6 per cent gain in the benchmark index.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Larsen &amp; Toubro hit an over six-month high of Rs 1,951 after rising 2 per cent on the BSE in Friday\u2019s intra-day trade as the company\u2019s strong order book of nearly Rs 4 trillion suggests good revenue visibility in coming years. The stock of the country\u2019s largest engineering &amp; construction (E&amp;C) company was trading at its highest level since February 2, 2022. It had hit a record high level of Rs 2,078 on January 18, 2022. In the past one month, L&amp;T has outperformed the market by gaining 9 per cent as compared to a 1.4 per cent [&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":[135,130,232],"tags":[],"class_list":["post-518974","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/518974","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=518974"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/518974\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=518974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=518974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=518974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}