L&T hits 9-mth high ahead of Q2 nos; wins significant order in Saudi Arabia

Including today's orders, L&T has won a total of six 'significant' orders in the month of October, it said

Shares of Larsen & Toubro (L&T) edged 2 per cent up to hit a nine-month high of Rs 2,020.55 on the BSE in Monday’s intra-day trade after the engineering & construction company said it won significant orders for its power transmission & distribution business.

The company did not disclose the exact value of the orders. The significant value of the project is between Rs 1,000 crore to Rs 2,500 crore, as per L&T. The stock was trading at its highest level since January 20, 2022. It is trading close to its record high level of Rs 2,078, which it