Shares of Larsen & Toubro (L&T) Infotech hit an all-time high of Rs 2,070 in an otherwise subdued market, up 3 per cent, on the BSE on Wednesday on expectation of earnings recovery in the second half of the financial year 2020-21. It surpassed its previous high of Rs 2,049 touched on February 14, 2020.
The stock was trading higher for the fifth straight day, gaining 7 per cent in the past one week, as compared to 3.3 per cent rise in the S&P BSE Sensex. In the past three months, L&T Infotech has outperformed the market by surging 52