L&T Shares Jump 5.55% After Quarterly Profit Rises 33%
Larsen & Toubro reported a 33% rise in second-quarter profit on strong order inflows. Its shares rose 5.55% to 3,865.80 rupees.
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Shares of India's Larsen & Toubro NSE:LT jumped nearly 6% on Wednesday after the engineering conglomerate reported a 33% rise in second-quarter profit on strong order inflows, easing concerns over project execution in the conflict-hit Middle East.Shares of the company rose 5.55% to 3,865.80 rupees…