Shares of Larsen & Toubro (L&T) declined sharply in early trade on Friday, falling as much as 3.48% to ₹3,301.05 on the NSE at 9:43 AM, April 4, 2025. The stock opened at ₹3,400 and touched an intraday low of ₹3,301, underperforming benchmark indices, with the Sensex down 379 points (-0.50%) at 75,915.60 and Nifty lower by 167.85 points (-0.72%) at 23,082.25.
The drop in L&T’s share price follows recent volatility in broader markets and sector-specific concerns. The engineering and construction major had closed at ₹3,420.15 in the previous session. With today’s move, the stock has come closer to its 52-week low of ₹3,141.00, while the 52-week high stands at ₹3,963.50.
As of now, there’s no fresh news from the company, but investors are likely reacting to overall market sentiment and booking profits after a strong run-up in infrastructure stocks in the past few months.
The stock has seen a volume of over 3.39 lakh shares so far, with average price for the session hovering around ₹3,337.61.
Disclaimer: This article is for informational purposes only. Please consult your financial advisor before making any investment decisions.
