Larsen & Toubro gains 4% on winning multiple orders; up 10% in two weeks

Larsen & Toubro, up 4 per cent to Rs 1,403 on the BSE, was the largest gainer among Nifty 50 and S&P BSE Sensex at 10:43 am.

Shares of Larsen & Toubro were up 4 per cent to Rs 1,403 on the BSE on Tuesday, after the company said its power transmission & distribution business has bagged a number of engineering, procurement and construction (EPC) orders in India and abroad.

At 10:43 am; L&T was the largest gainer among the frontline benchmarks, the Nifty 50 and S&P BSE Sensex. The benchmark indices were up 1.2 per cent each. A combined 2.74 million equity shares changed hands on both the exchanges.

Order boost

The engineering and construction company, however, did not provide the exact value