{"id":533488,"date":"2022-11-02T09:34:01","date_gmt":"2022-11-02T04:04:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=533488"},"modified":"2022-11-02T11:15:31","modified_gmt":"2022-11-02T05:45:31","slug":"larsen-toubro-nears-record-high-after-strong-q2fy23-healthy-order-book","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/larsen-toubro-nears-record-high-after-strong-q2fy23-healthy-order-book\/","title":{"rendered":"Larsen &amp; Toubro nears record high after strong Q2FY23, healthy order book"},"content":{"rendered":"<p>Shares of Larsen &amp; Toubro were up nearly 1 per cent at Rs 2,035 per share in Tuesday\u2019s intra-day trade, after the company reported a 22.5 per cent year-on-year (YoY) growth in consolidated net profit to Rs 2,229 crore for the quarter ended September 30, 2022 (Q2FY23). <\/p>\n<p>At 11:23 AM; the stock traded flat at Rs 2,021.55, after it hit intra-day low of Rs 1,990. The stock was 2 per cent away from its record high level of Rs 2,078.20, which it had touched on January 18, 2022. In comparison, the S&amp;P BSE Sensex was up 0.79 per cent at 61,224 points. <\/p>\n<p>In Q2FY23, L&amp;T gained from strong order inflows in the domestic market as consolidated revenue from operations increased 23 per cent to Rs 42,763 crore, in the recently concluded quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Larsen &amp; Toubro were up nearly 1 per cent at Rs 2,035 per share in Tuesday\u2019s intra-day trade, after the company reported a 22.5 per cent year-on-year (YoY) growth in consolidated net profit to Rs 2,229 crore for the quarter ended September 30, 2022 (Q2FY23). At 11:23 AM; the stock traded flat at Rs 2,021.55, after it hit intra-day low of Rs 1,990. The stock was 2 per cent away from its record high level of Rs 2,078.20, which it had touched on January 18, 2022. In comparison, the S&amp;P BSE Sensex was up 0.79 per cent at [&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-533488","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\/533488","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=533488"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/533488\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=533488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=533488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=533488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}