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L&T extends gains after succession plan

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Reuters Mumbai

Shares of Larsen & Toubro (L&T) extended gains after the company named K Venkataramanan as its chief executive officer and managing director, and said AM Naik, the current managing director, will continue as executive chairman.

At 10:47 am, shares of L&T, the country's biggest engineering conglomerate, were up 4.69% at Rs 1,296.90.

Read More: L&T appoints K Venkataramanan as CEO, MD

Profile of K Venkataramanan

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First Published: Mar 09 2012 | 12:26 PM IST

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