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L&T announces solid Q2 result, stock hits new high
At 11:34 am, L&T is quoting at Rs 3,599, up Rs 152.80, or 4.43% on the Nifty. It has posted 73% growth in its net profit of Rs 348 crore for the quarter ended September 2007 as against Rs 201.2 crore in same quarter of last year.
Larsen and Toubro , L&T has touched a 52-week high of Rs 3,599. At 11:34 am, the share is quoting at Rs 3,599, up Rs 152.80, or 4.43% on the Nifty.
It has posted 73% growth in its net profit of Rs 348 crore for the quarter ended September 2007 as against Rs 201.2 crore in same quarter of last year.
It is trading with volumes of 555,426 shares. Yesterday the share closed up 1.25% or Rs 42.45 at Rs 3,446.20.
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