L&T retains order inflow, revenue guidance in Q3; should you buy the stock?

The overall profit came in at Rs 2,352 crore, including the profit after tax (PAT) from discontinued operations for the quarter, up 15.2 per cent YoY.

Construction & Engineering major Larsen & Toubro (L&T) stock on Thursday climbed around 3.5 per cent to Rs 1,339.50 apiece on the BSE, a day after the company unveiled its financial result for the quarter ended December 31, 2019. 

At 09:59 am, shares of the company were trading 2.53 per cent higher at Rs 1,327 on the BSE. In comparison, the S&P BSE Sensex was trading 226 points or 0.55 per cent higher at 41,341.56 levels.

On consolidated basis, net profit from continuing operations for the period stood at Rs 2,161 crore, up 13.8 per cent over the

corresponding quarter of