Shares of Larsen & Toubro (L&T) today rose by more than 2 per cent on bourses after its board approved a proposal to buy back six crore shares amounting to Rs 9,000 crore.
The stock settled at Rs 1,352.50 on BSE, up 2.3 per cent from the previous close. In the intra-day trade, the stock had touched a high of Rs 1,363.90 and a low of Rs 1,320.
Similar movements were witnessed on the NSE, wherein the stock closed 2.07 per cent higher at Rs 1,349.95. During the trading session, the scrip has moved up 3.12 per cent to touch a high of Rs 1,363.90
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