L&T nears all-time high on orders win of Rs 4,023 crore

The stock hit a 52-week high of Rs 1,260, up 3.5% on the BSE, trading close to its all-time high of Rs 1,262 touched on March 4, 2015 in intra-day trade.

Larsen & Toubro (L&T) hit a 52-week high of Rs 1,260, up 3.5% on the BSE after the company said its construction arm has won orders worth Rs 4,023 crore across various business segments.

The stock is trading close to its all-time high of Rs 1,262 touched on March 4, 2015 on the BSE in intra-day trade. A combined 1.59 million shares changed hands on the counter on the BSE and NSE till 10:52 AM.

L&T said its heavy civil infrastructure business has bagged orders cumulatively worth Rs 1,906 crore including a major government order worth Rs 1,824