The stock touched a high of Rs 1,374 and finally ended up 2% at Rs 1,342. The counter clocked a comparatively heavy trading volume of 1.18 million shares as against the two-week daily traded average of 8,79,982.
_______________________________________________________
(Updated at 1251 hrs)
Larsen & Toubro has rallied 3% on good Q4 numbers.
The stock opened flat at Rs 1,311 and slipped to a low of Rs 1,310. The stock gained strength and touched a high of Rs 1,362, up 4% from the day's low. The stock is now trading at Rs 1,370, up 4.5% from its previous close. The counter has clocked a volume of 7,01,569 shares on the BSE.
The net profit increased 3% to Rs 998.52 crore in the fourth quarter ended March 31, 2009 from Rs 966.76 crore in the corresponding quarter a year ago, the company said in a filing to the BSE.
The company's total income up 24% at Rs 10,835.79 crore from Rs 8,737.21 crore.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app