L&T rose 1.05% to Rs 1507.90 at 10:33 IST on BSE after the company said its construction division secured orders worth Rs 2521 crore this month in both the domestic & international markets.
The announcement was made during market hours today, 30 December 2014.
Meanwhile, the S&P BSE Sensex was down 17.90 points or 0.07% at 27,377.83.
On BSE, so far 46,000 shares were traded in the counter as against average daily volume of 1.69 lakh shares in the past one quarter.
The stock hit a high of Rs 1,511.20 and a low of Rs 1,500.05 so far during the day. The stock had hit a record high of Rs 1,774.70 on 9 June 2014. The stock had hit a record low of Rs 951.60 on 10 January 2014.
The stock had underperformed the market over the past one month till 29 December 2014, declining 9.01% compared with Sensex's 4.52% fall. The scrip had also underperformed the market in past one quarter, advancing 1.69% as against Sensex's 3% rise.
The large-cap company has equity capital of Rs 185.65 crore. Face value per share is Rs 2.
L&T's consolidated net profit rose 6.9% to Rs 861.75 crore on 10.6% growth in net sales to Rs 21159.35 crore in Q2 September 2014 over Q2 September 2013.
L&T is a major Indian multinational engaged in technology, engineering, construction, manufacturing and financial services, with global operations.
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