L&T rose 0.97% to Rs 1,302.60 at 9:47 IST on BSE after the company said its construction division has secured orders valued at Rs 2597 crore.
The announcement was made during market hours today, 12 March 2018.Meanwhile, the S&P BSE Sensex was up 275.50 points or 0.83% at 33,582.64.
On the BSE, 13,000 shares were traded on the counter so far as against average daily volumes of 3.72 lakh shares in the past one quarter. The stock had hit a high of Rs 1,305 and a low of Rs 1,296.80 so far during the day. The stock had hit a record high of Rs 1,469.60 on 1 February 2018 and a 52-week low of Rs 973.50 on 3 March 2017.
The large-cap company has equity capital of Rs 280.27 crore. Face value per share is Rs 2.
L&T's consolidated net profit surged 48.4% to Rs 1617.88 crore on 10.1% growth in net sales to Rs 28747.45 crore in Q3 December 2017 over Q3 December 2016.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.
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