Larsen & Toubro rose 0.25% to Rs 1,294.50 at 12:31 IST on BSE after the company said its construction arm won orders worth Rs 1266 crore across various business segments.
The announcement was made during trading hours today, 23 February 2018.Meanwhile, the S&P BSE Sensex was up 243.09 points, or 0.72% to 34,062.59.
On the BSE, 57,000 shares were traded in the counter so far compared with average daily volumes of 3.66 lakh shares in the past one quarter. The stock had hit a high of Rs 1299.20 and a low of Rs 1280.70 so far during the day. The stock hit a record high of Rs 1,469.60 on 1 February 2018. The stock hit a 52-week low of Rs 973.99 on 3 March 2017.
On a consolidated basis, L&T's net profit surged 48.4% to Rs 1617.88 crore on 10.1% growth in net sales to Rs 28747.45 crore in Q3 December 2017 over Q3 December 2016.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.
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