Larsen & Toubro gains for seventh straight day; stock up 19% in 2 weeks

Thus far in April, the company has won three 'large' and one 'significant' and 'major' contracts in India and abroad

Shares of Larsen & Toubro (L&T) continued their northward march for the seventh straight day, up 4.5 per cent at Rs 920 on the BSE on Thursday after the company said its heavy engineering arm has won ‘significant’ contracts in the January-March quarter (Q4FY20).

Thus far in the month of April, the construction & engineering company has won more than Rs 10,000 crore contracts, of which three ‘large’ and one ‘significant’ and ‘major’ contracts in India and abroad, as per the company's announcement.

Although L&T did not mention the exact value of the contract, according to its project