L&T Group shares in demand; L&T hits record high, LTI soars 16%

L&T, on Monday, emerged as the lowest bidder for the construction and maintenance of the first three buildings of the Common Central Secretariat under the Central Vista redevelopment project

Shares of Larsen & Toubro (L&T) group companies were on a roll on Tuesday with three listed companies -- L&T, L&T Infotech and L&T Technology Services (LTTS) -- hitting their respective record highs in intra-day trade. Their shares rallied up to 16 per cent today on the back of positive corporate developments.

Among individual stocks,  L&T Infotech zoomed 16 per cent to Rs 6,876.90 on the BSE after the company reported the strongest sequential revenue growth, its best-ever, for the July-September quarter (Q2FY22), at 8.9 per cent in constant currency terms. The stock of the information technology (IT) consulting