Larsen & Toubro (L&T) hit a new high of Rs 1,441, up 2% on BSE in intra-day trade, ahead of its October-December 2017 quarter (Q3FY18) earnings on Wednesday, January 31, 2018.
Thus far in January, the stock of engineering & construction major outperformed the market by surging 15% as compared to 7% rise in the S&P BSE Sensex. A strong rally in L&T stock has seen its market capitalisation (market-cap) crossing Rs 2 trillion today.
At 11:10 AM; L&T with market-cap stood at Rs 2.01 trillion (Rs 200,614 crore), the BSE data shows. L&T stands at 13th rank
Thus far in January, the stock of engineering & construction major outperformed the market by surging 15% as compared to 7% rise in the S&P BSE Sensex. A strong rally in L&T stock has seen its market capitalisation (market-cap) crossing Rs 2 trillion today.
At 11:10 AM; L&T with market-cap stood at Rs 2.01 trillion (Rs 200,614 crore), the BSE data shows. L&T stands at 13th rank