Larsen & Toubro (L&T) shares surged 4.77% to ₹3,570.90 on the NSE, following the company’s announcement of its Q2 FY24 results, which beat market expectations. L&T reported a 5% year-on-year increase in net profit to ₹3,395 crore, exceeding analyst estimates.
The stock opened at ₹3,530.00, reached a high of ₹3,586.45, and recorded a low of ₹3,508.35 in early trading. Its previous close was ₹3,408.35. The solid quarterly performance has boosted investor confidence, pushing the stock higher in today’s session.
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