Shares of Larsen & Toubro rose as much as 5.27 per cent to Rs 911.35 on the BSE on Wednesday after the company's Heavy Civil Infrastructure business secured two contracts from the National Capital Region Transport Corporation (NCRTC) in Uttar Pradesh to build Regional Rapid Transit System (RRTS) Infrastructure.
"The scope of the project is to execute a new, dedicated, high speed, high capacity rail system in the Delhi - Gaziabad - Meerut Corridor. RRTS is distinct from metro transit systems as it caters to passengers traveling relatively longer distances with fewer stops and at higher speed. The design speed for